398 NE 5th St # 4313, Miami FL 33132 | Miami-Dade County | A11968390

The list price for 398 NE 5th St # 4313 is $625,000. What conveys with the home itself includes all fixtures and built-in appliances; the MLS record does not explicitly state whether the unit is furnished, so this requires specific verification.

Community amenities for the building, such as the pool, exercise room, and clubhouse, are shared HOA features and do not convey as private property. For a precise breakdown of included items, contact Christopher Lazaro, Miami Real Estate Broker.

The property is located at 398 NE 5th Street, Unit 4313, in Miami, Florida 33132. This address is situated within Miami's urban coastal corridor.

For a detailed evaluation of the area's current market conditions, transportation access, and building-specific insights, please contact Christopher Lazaro, Miami Real Estate Broker, to verify this information directly.

The monthly HOA fee for this condominium is $549. This payment covers parking and pool service, as recorded for the property.

The community is also subject to the City of Miami's municipal code, which governs broader local regulations. For a precise breakdown of all association rules and financials, you should contact Christopher Lazaro, Miami Real Estate Broker, for verification.

The tax of record is $10,456 for 2025. As an estimate only—Florida reassesses upon sale—at this list price of $625,000 and a Miami-Dade rate near 2.0%, the annual property tax would be approximately $12,500 without a homestead exemption. The homestead exemption, which lowers the taxable value for a primary residence, would reduce the estimated annual tax to about $11,500.

These are estimates, not quotes. You must confirm final figures with the Miami-Dade Property Appraiser and a tax professional. For precise verification on this unit, contact Christopher Lazaro, Miami Real Estate Broker.

The property is in a high-risk flood zone designated by FEMA. This classification indicates a higher probability of flooding, which means lenders will likely require you to carry a separate flood insurance policy. You can review the specific risk details at the FEMA flood zone definitions and View the FEMA flood map for this address.

For a precise assessment of the insurance implications and cost, contact Christopher Lazaro, Miami Real Estate Broker, to verify the requirements for this unit.

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

Separate federal accommodation rules apply for documented service or assistance animals. To verify the specific policy for 398 NE 5th St # 4313, contact Christopher Lazaro, Miami Real Estate Broker.

In Miami-Dade, condo sales from this past May closed at an average of 94% of the original list price, spending roughly 64 days on the market. The specific asking price of $625,000 for this unit was determined by a comparative market analysis of recent sales in this building and the immediate vicinity.

Before you consider an offer, I can provide a detailed CMA for this specific Miami property. Please contact Christopher Lazaro, Miami Real Estate Broker, to review that data and discuss negotiation strategy.

I recommend securing a mortgage pre-approval from a Florida-licensed mortgage loan officer before touring any property. This clarifies your budget and strengthens your position. You can begin that process with a qualified professional here.

For specific guidance on this listing at $625,000, contact Christopher Lazaro, Miami Real Estate Broker, to discuss the financial verification needed to proceed.