398 NE 5th St # 3618, Miami FL 33132 | Miami-Dade County | A11910614

The list price is $1,379,000. While built-in appliances and fixtures are included, the MLS record does not explicitly state if the home is furnished; this must be confirmed. The property includes access to shared community amenities like the barbecue area, business center, clubhouse, elevators, exercise room, and pool.

For precise verification of what is included with this specific unit, you should contact Christopher Lazaro, Miami Real Estate Realtor, directly.

The property is located at 398 NE 5th Street, Unit 3618, in Miami, Florida, 33132. This places it within Miami's urban coastal corridor.

For a detailed discussion of the area's specific amenities, traffic patterns, and development plans, please contact Christopher Lazaro, Miami Real Estate Realtor, to schedule a consultation.

The monthly HOA fee for this condominium is $1,746. According to the association records, this fee specifically covers All Amenities, Building Exterior, Sewer, and Water.

Please note that community operations are also subject to applicable Miami city ordinances. For complete verification of the financial obligations and rules, you should contact Christopher Lazaro, Miami Real Estate Realtor, directly.

The tax of record is $24,574 for 2024. As an estimate only—Florida reassesses upon sale—at the list price of $1,379,000 and a Miami-Dade rate near 2.0%, the projected annual property tax would be approximately $27,580, or about $2,298 per month, without a homestead exemption. If this were to become your primary residence and you qualified for the homestead exemption, which lowers the taxable value, the estimated annual tax would be about $26,580, or roughly $2,215 per month.

These are estimates, not quotes. You must confirm all figures with the Miami-Dade Property Appraiser and a tax professional. For precise guidance on this property's tax implications, contact Christopher Lazaro, Miami Real Estate Realtor.

The property is located in a FEMA-designated flood zone, which is a geographic area defined by its risk of flooding. You can review the specific FEMA definitions for flood zones and View the FEMA flood map for this address.

For a property in a high-risk zone, mortgage lenders will require a separate flood insurance policy. To confirm the exact zone designation and discuss the practical implications, contact Christopher Lazaro, Miami Real Estate Realtor.

The MLS record states: 'Restrictions Or Possible Restrictions'. This means pets are allowed, but with restrictions that are in place or could be. We will pull the condominium association's exact current pet rules for this specific unit upon request.

Separate federal accommodation rules apply for documented service or assistance animals. To verify the precise policy for 398 NE 5th St # 3618, contact Christopher Lazaro, Miami Real Estate Realtor.

The list price of $1,379,000 is anchored in a specific market reality. For Miami-Dade condos, recent closings have averaged 94% of the final list price, with properties spending roughly 64 days on market.

Your negotiation position for this specific unit at 398 NE 5th St is shaped by a comparative market analysis of recent sales in the building and vicinity. To verify this analysis and discuss a precise strategy, you should contact Christopher Lazaro, Miami Real Estate Realtor.

Before touring, I recommend securing a mortgage pre-approval. A Florida Licensed Mortgage Loan Officer can provide this essential clarity on your budget for a property like 398 NE 5th St # 3618, listed at $1,379,000.

For a precise verification of value and process, contact Christopher Lazaro, Miami Real Estate Realtor, directly.