398 NE 5th St # 3209, Miami FL 33132 | Miami-Dade County | A11722985

The list price for unit 3209 at 398 NE 5th Street is $1,629,000. This two-bedroom residence is marketed as furnished, and the sale includes all furniture, fixtures, and built-in appliances.

The condominium association provides shared amenities including a bar, business center, clubroom, elevators, exercise room, exterior lighting, heated pool, sauna, spa, and trash chute. For complete details on the included furnishings and a review of the condominium documents, contact Christopher Lazaro, Miami Real Estate Advisor.

The residence is located in the 33132 zip code of Miami, within the city's coastal urban corridor. This area places you within walking distance of several major cultural institutions and waterfront parks.

For a detailed discussion of the immediate building amenities, traffic patterns, and precise walk scores, please contact Christopher Lazaro, Miami Real Estate Advisor, to verify the specifics relevant to your lifestyle.

The monthly HOA fee for this condominium is $1,511. According to the association records, this fee covers All Amenities, Common Area maintenance, Elevator, Hot Water, Outside Maintenance, Parking, Pool Service, Security, Sewer, Trash Removal, and Water. Note that the community is also governed by city ordinances, which can be reviewed at https://library.municode.com/fl/miami/codes/code_of_ordinances.

For a precise breakdown and verification of all covered items and any pending assessments, you should contact Christopher Lazaro, Miami Real Estate Advisor, directly.

The tax of record is $27,401 for 2024. As an estimate only—Florida reassesses upon sale—at the list price of $1,629,000 and a Miami-Dade rate near 2.0%, the projected annual property tax would be approximately $32,580, or about $2,715 per month, without a homestead exemption. With the homestead exemption, which lowers the taxable value for a primary residence, the estimate is approximately $31,580 per year, or about $2,632 per month.

These are estimates, not quotes; you must confirm with the Miami-Dade Property Appraiser and a tax professional. For precise verification relevant to your situation, contact Christopher Lazaro, Miami Real Estate Advisor.

The property at 398 NE 5th St # 3209 is located in a FEMA-designated high-risk flood zone, specifically Zone AE. This classification means there is at least a 1% annual chance of flooding, which lenders often use to mandate flood insurance.

You can review the official FEMA definitions for flood zones and view the FEMA flood map for this address. For a precise assessment of potential costs and requirements, contact Christopher Lazaro, Miami Real Estate Advisor, to verify the details.

This is a single-family home. There is no condo association or HOA board to establish a pet policy; the decision rests with the property owner, subject to local ordinances and any active lease terms.

Documented service animals and emotional support animals are protected under separate federal housing laws. For definitive verification on this property, contact Christopher Lazaro, Miami Real Estate Advisor.

The list price is grounded in a comparative market analysis of the building and vicinity. Broader context comes from the Miami-Dade market, where single-family homes recently closed at 95% of original list price, averaging 41 days to contract according to MIAMI REALTORS® in May 2026.

For a precise evaluation of this condo's position, I can provide the specific Miami CMA used. To discuss this data and formulate a strategy, you should contact Christopher Lazaro, Miami Real Estate Advisor, for verification.

I recommend securing a mortgage pre-approval before touring any property. This requires speaking with a Florida-licensed mortgage loan officer, which you can do via a service like Get-PreApproved.com.

With the unit listed at $1,629,000, this step confirms your budget and strengthens your position. For specific questions on this condo or to verify financing options, you should reach out to Christopher Lazaro, Miami Real Estate Advisor.