3535 Hiawatha Ave # 502, Miami FL 33133 | Miami-Dade County | A11987773
  • $5,399,000

Description

Private boutique waterfront building in the heart of Coconut Grove within the sought after Residences at Vizcaya, this unique residence offers stunning views of Biscayne Bay and is one of only 18 private units. Located on the 5th floor, this exceptional unit features 4 bedrooms and 5.5 bathrooms, with a private elevator opening to an elegant foyer that leads into a spacious open floor plan with high ceilings, ideal for both comfort and entertaining. The chef’s kitchen is equipped with premium Miele appliances and flows seamlessly into the living and dining areas. Interior finishes include marble flooring in the main living areas and wood floors in the bedrooms, along with a family room, laundry room, an expansive terrace with a built-in summer kitchen overlooking the water, and an additional balcony in the back with views of the lush park. The residence also offers four covered parking spaces and a storage unit. Building amenities include a fitness center, 24-hour concierge, private marina, community lap pool, and two spas, plus a small park just downstairs, ideal for pet lovers. Ideally located near top-rated schools, shopping, dining, and parks, and just minutes from Downtown Miami and Key Biscayne.

Property Overview

This is a 4-bedroom, 5.5-bath condominium of about 4473 square feet at 3535 Hiawatha Ave # 502, Miami FL 33133 (Miami 33133), listed at $5,399,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $7,193.

The tax of record is $89,158 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $107,980/yr (≈ $8,998/mo); with the homestead exemption on a primary residence, about $106,980/yr (≈ $8,915/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price is $5,399,000. Fixtures and built-in appliances generally convey with the home, but the record does not state if the property is furnished; you must confirm which specific items are included.

Shared community amenities include the elevator(s), exercise room, storage, and heated pool. Contact Christopher Lazaro, Miami Real Estate Broker, to verify the final inventory of conveyances.

Where exactly is it, and what should I know about the location?

This property is located at 3535 Hiawatha Ave # 502, Miami FL 33133, situated within the coastal corridor of Miami 33133. The unit is listed at $5,399,000 and features 4 bedrooms and 5.5 bathrooms across approximately 4,473 sqft.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee is $7,193. This payment covers all amenities, building exterior, common area, elevator, landscaping/lawn maintenance, manager, security, sewer, trash removal, and water.

The community is subject to city ordinances found at https://library.municode.com/fl/miami/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

What are the property taxes and homestead implications?

The tax of record is $89,158 (2025). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the tax is an ESTIMATE of about $107,980/yr (≈ $8,998/mo) without homestead, or about $106,980/yr (≈ $8,915/mo) with the homestead exemption. Florida's homestead exemption lowers taxable value only for a primary residence.

Confirm these figures with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

Is the home in a flood zone, and what does that mean?

Flood zones designate areas with different levels of risk for flooding. Lenders often require flood insurance in high-risk zones. You can find FEMA definitions and View the FEMA flood map for this address to confirm the status of this property.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

Are pets allowed?

Pets are allowed, with restrictions (or possible restrictions) according to the MLS record. We will pull the association's exact current pet rules for this unit on request. Separate federal accommodation rules can apply if a documented service animal or ESA is involved.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

How is the price set and is there room to negotiate?

Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The specific valuation for 3535 Hiawatha Ave # 502 at $5,399,000 is derived from a CMA.

I provide a Miami-specific CMA to all clients before they set an offer. Contact Christopher Lazaro, Miami Real Estate Broker, to verify these figures.

What financing step do you recommend before touring?

Secure a pre-approval from a licensed Florida mortgage professional before touring 3535 Hiawatha Ave # 502. This step ensures your financial capacity aligns with the $5,399,000 listing price.

Contact Christopher Lazaro, Miami Real Estate Broker, to verify these details.

Monthly Fees & Carrying Costs

Association Fee $7,193 / month
Total Monthly Fees $7,193 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

  • Address: Hiawatha Ave
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33133
  • Area: RESIDENCES AT VIZCAYA CON

Details

Updated on September 20, 2026 at 5:37 am
  • Property ID A11987773
  • Price $5,399,000
  • Property Size 4473 Sq Ft
  • Bedrooms 4
  • Room 0
  • Bathrooms 5.5
  • Garages 4
  • Year Built 2011
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • View Bay, Ocean View, Direct Ocean
  • Cooling Central Air, Electric
  • Heating Central, Electric
  • Tax Year 2025
  • Flooring Marble, Wood
  • Unit Floor 5
  • High School Coral Gables
  • Inclusions Community Boat Dock,Unrestricted Salt Water Access
  • Unit Number 502
  • Building Residneces at Vizcaya
  • Frontage Bay
  • Garage Spaces 4
  • Listing Terms All Cash, Conventional
  • Area Residences At Vizcaya Con
  • Total Stories 8
  • Waterfront Yes
  • Association Yes
  • Full Bathrooms 5
  • Half Bathrooms 1
  • Covered Spaces 4
  • Style Condo 5+ Stories
  • Private Pool No
  • Structure Type Condo 5+ Stories, Condo
  • Association Fee 7193
  • Parking 2 Or More Spaces, Assigned, Covered, No Trucks/Trailers
  • Subdivision RESIDENCES AT VIZCAYA CON
  • Annual Tax 89158
  • Elementary School Coconut Grove
  • Year Built Details Resale
  • Building Area 4473
  • Lot Size (Sq Ft) 0
  • Flood Zone AE
  • New Construction No
  • Attached Yes
  • Waterfront Features Ocean Access, Ocean Front
  • Bedroom Features Entry Level, Other
  • Amenities Elevator(s), Exercise Room, Storage, Heated Pool
  • Restrictions Exterior Alterations, Other Restrictions
  • Middle School Ponce De Leon
  • Construction Concrete Block Construction, CBS Construction
  • Pets Allowed Yes
  • Patio / Porch Open Balcony
  • Association Fee Frequency Monthly
  • Association Type Condo
  • Membership Purchase Required No

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