What is the asking price and what does it include?

The list price for 3618 NE 5th Ave # 2409, Miami FL 33137 is $626,000. The property is a Condominium with 1 bedrooms, 1 bathrooms, approximately 450 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 3618 NE 5th Ave # 2409, Miami FL 33137 in Miami, 33137. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 626,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 3618 NE 5th Ave # 2409, Miami FL 33137.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

3618 NE 5th Ave # 2409, Miami FL 33137 | Miami-Dade County

Residential Active

3618 NE 5th Ave # 2409, Miami FL 33137 | Miami-Dade County | A12030390

$626,000

Description

Experience elevated waterfront living at ELLE Residences Miami. Residence 2409 offers stunning bay and city views, designer-furnished interiors, and the flexibility today’s buyers and investors seek. Located in the heart of Edgewater, just minutes from the Design District, Wynwood, Miami Beach, and Brickell. ELLE Residences is a fully furnished luxury tower allowing short-term rentals with no rental restrictions, making it ideal for end users, second-home buyers, and investors alike. World-class amenities, resort-style pools, wellness-focused spaces, and the globally recognized ELLE brand create a truly unique offering in Miami’s luxury market. Easy to show. Contact listing agent for inventory, incentives, and private presentations.

Address

Open on Google Maps

Address: 5th Ave
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33137
Area: EDGEWATER

Details

Updated on June 3, 2026 at 8:52 pm

Property ID A12030390
Price $626,000
Property Size 450 Square Feet
Bedroom 1
Bathroom 1
Garage 1
Year Built 2029
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle High Rise
AssociationAmenities Bar, Barbecue, Bike/Jog Path, Cabana, Exercise Room, Kitchen Facilities, Pool, Sauna, Spa/Hot Tub
AssociationFee 788
AssociationFeeFrequency Monthly
BathroomsFull 1
BuildingAreaSource Developer
BuildingAreaUnits Square Feet
BuildingName ELLE Residences Miami
ContractStatusChangeDate 2026-06-03
Cooling Other
CoveredSpaces 1
DaysOnMarket 0
EntryLevel 24
ExpirationDate 2027-06-03
Flooring Wood
Heating Other
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 561-306-9302
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Edgewater
MajorChangeTimestamp June 3, 2026 at 09:16pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 3, 2026 at 09:16pm
NumberOfUnitsInCommunity 189
NumberOfUnitsTotal 189
OnMarketDate 2026-06-03
OriginalEntryTimestamp June 3, 2026 at 09:16pm
OriginalListPrice 626000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-32-19-020-0030
ParkingFeatures 1 Space
PatioAndPorchFeatures Open Balcony
PhotosCount 0
Possession Funding
PostalCode 33137
PriceChangeTimestamp June 3, 2026 at 05:45pm
PropertyCondition Under Construction
PublicSurveyRange 41
PublicSurveySection 39
PublicSurveyTownship 41
RoomsTotal 0
SecurityFeatures Smoke Detector, Doorman, Lobby Secured
ShowingContactType Call Listing Office
ShowingInstructions Call Listing Office
SourceSystemKey 504206335
StateOrProvince FL
StatusChangeTimestamp June 3, 2026 at 09:16pm
StoriesTotal 26
StreetDirPrefix NE
StreetName 5th Ave
StreetNumber 3618
StreetNumberNumeric 3618
StructureType Condo 5+ Stories, Condo
SyndicationRemarks Experience elevated waterfront living at ELLE Residences Miami. Residence 2409 offers stunning bay and city views, designer-furnished interiors, and the flexibility today's buyers and investors seek. Located in the heart of Edgewater, just minutes from the Design District, Wynwood, Miami Beach, and Brickell. ELLE Residences is a fully furnished luxury tower allowing short-term rentals with no rental restrictions, making it ideal for end users, second-home buyers, and investors alike. World-class amenities, resort-style pools, wellness-focused spaces, and the globally recognized ELLE brand create a truly unique offering in Miami's luxury market. Easy to show. Contact listing agent for inventory, incentives, and private presentations.
TaxAnnualAmount 0
TaxLegalDescription WEST POINT PB 18-73LOT 3 LESS E16.5FT OF S 3.66FT OF W50FT BLK 1 OR 10356-1545 0479 2
TaxYear 2025
UnitNumber 2409
View Other View
WaterfrontFeatures Waterfront
YearBuiltDetails Under Construction