An elegant, high-floor residence created for those who want to experience Miami with ease without the responsibilities of full-time ownership.
Perfectly positioned in Downtown Miami, this turnkey unit functions as a refined pied-à-terre for buyers who value proximity to Brickell, Miami Beach, the Design District, and the airport, making arrivals and departures effortless. Whether used as a personal retreat or a flexible city base, the location offers unmatched connectivity to Miami’s most vibrant neighborhoods.
When not in residence, owners may participate in professionally managed short-term rental programs, allowing the property to generate income in a fully hands-off manner. This structure is ideal for buyers who prefer simplicity and professional oversight rather than day-to-day rental operations.
This is not a traditional investment property, it is a lifestyle-driven asset designed for those seeking flexibility, convenience, and optional revenue without operational complexity.
Vacant and available for private showings.
Amenities
Fitness Center
Barbecue
Other
Picnic Area
Pool
Spa Hot Tub
Interior Features
Built In Features
Bedroom On Main Level
Closet Cabinetry
First Floor Entry
Living Dining Room
Main Living Area Entry Level
Walk In Closets
Bar
Exterior Features
Balcony
Security High Impact Doors
Property Tax Information
Tax Amount: $22,418
Tax Year: 2025
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Property Taxes
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varies by area. Homeowners pay this tax annually, semi-annually, or as part of a
monthly mortgage payment.
HOA Fees
Fees paid by homeowners within a shared complex to pay
for building repairs and operation costs. HOA fees are typically paid monthly or
quarterly.
Homeowners Insurance Homeowners insurance covers
losses and damages to your
home, property, personal belongings, and other assets in your home. The policy
also provides liability coverage against accidents in the home or on the
property. When applying for a mortgage, the applicant is usually required to
provide proof of insurance on the property before the financial institution will
approve the loan.
Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be
required to purchase mortgage insurance. Mortgage insurance protects the
mortgage lender against loss if a borrower defaults on their loan. Typically,
mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your
actual rate may vary.
Downtown Miami 398 NE 5th St #3901 has 3 Beds , 3 Bathrooms , and 1150 square feet. The asking price for this property is $1250000, or $1086 per square feet.
3 Beds
3 Baths
