3 months on rocket

398 NE 5th St Unit 2414, Miami, FL, 33132

$949,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
2 Full Baths
665 SqFt
$1,427/SqFt
Condo

Location

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398 NE 5th St Unit 2414, Miami$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, One Space, Valet
Garage1 space
Year Built2022
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewBay, City, Water
MLS #A11645667
StatusActive

About 398 NE 5th St Unit 2414

Price reduction!,This unit is now one of the top investment opportunities on the market. It offers a combination of features and location that make it stand out among other short-term rental properties in Miami. The building has three lines of 1-bedroom units: Line 10 offers direct water views but only has one bathroom. Line 19 faces west, offering less desirable views. Line 14, where this unit is located, provides a privileged view, more square footage, and the advantage of 2 full bathrooms a rare feature in this building. For investors looking for a property with high potential and added value, this unit is the perfect choice. Don’t miss out on this incredible opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise, Other
  • Year Built: 2022
  • Living Area: 665 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Julio Ospina

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Flooring Type: Concrete

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Bay, City, Water
  • Exterior: Balcony, Security/High Impact Doors

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 2414
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $1,427/SqFt

HOA Fees:

  • Amount: $2124
  • Frequency: Quarterly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

398 NE 5th St Unit 2414 vs Miami

93 DAYS ON ROCKET

+33 Days

$949,000

+$388.5K More

$1,427/SqFt

+$1K More

KEY TAKEAWAY

This property is $388.5K more than the Median Sold Price and $1K/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11645667

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Julio Ospina

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-859499
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.63 miles

  • Public Charter Grades KG-6

school-card-donut-859500
3
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-859501
9
/10

  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 0.90 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,792. The majority of Miami, FL residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 398 NE 5th St Unit 2414

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 2414 property is $949,000.

What type of property is this?

The property 398 NE 5th St Unit 2414 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 2414 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 398 NE 5th St Unit 2414 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 398 NE 5th St Unit 2414 is 665 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 2414 is 2022.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›398 NE 5th St Unit 2414

This home is located at 398 NE 5th St Unit 2414 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 665 square foot home was built in 2022. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $949,000.

While more than 62 listings in Miami, FL in October 2024 were sold above asking price, there were more than 129 listings sold at asking price, and more than 507 were sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

From Rocket Homes Real Estate and based on county public records data.

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