$550,741*
●
Condo -
Off Market
5701 Biscayne Blvd #402
Miami, FL 33137
2 Beds
2.5 Baths,
1
Half Bath
1,382 Ft²
$482,000 - $588,000
Reference Base Price*
2.94%
Since Jul 1, 2023
FL-Miami
Primary Model
About This Property
Tastefully updated apartment at Morningside Flats, a boutique condo
building with only 36 apartments. Floor to ceiling windows
throughout are leading to a large 400 SF terrace that is accessible
from both bedrooms. Desirable 2 bedroom split floor plan, each with
en-suite bathroom and walk-in closet, plus a powder room for your
guests. Great Morningside location, with its historic homes, and an
expansive bayfront park offering tennis courts, boat ramp, and
playground. Live near MiMo shops, cafes, and restaurants, and only
minutes to the Design District, Midtown, and Wynwood. The apartment
includes 2 assigned and gated parking spaces, the building offers a
roof-top terrace with sauna for residents to enjoy.
The manager has listed the unit size as 1382 square feet.
The manager has listed the unit size as 1382 square feet.
Unit Size
1,382 Ft²
Days on Market
-
Land Size
-
Price per sqft
$387
Property Type
Condo
Property Taxes
$452
HOA Dues
$927
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2023 | No longer available | - | |
| No longer available | |||
| Mar 21, 2023 | Listed | $535,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Exterior Details
Block
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/21/2023
|
2 Bed
|
2.5 Bath
|
1382 ft²
|
$535,000
2 Bed
2.5 Bath
1382 ft²
|
-
-
|
Mark Stephan
Engel & Voelkers Coconut Grove
| |
|
01/03/2023
|
2 Bed
|
2.5 Bath
|
1382 ft²
|
$479,000
2 Bed
2.5 Bath
1382 ft²
|
-
-
|
Thais Ruijtenbeek
Relux Realty Group
| |
|
01/03/2023
|
1 Bed
|
1 Bath
|
915 ft²
|
$450,000
1 Bed
1 Bath
915 ft²
|
-
-
|
Kelly Wood
Coldwell Banker Home Lovers Realty
| |
|
11/20/2022
|
1 Bed
|
1.5 Bath
|
915 ft²
|
$415,000
1 Bed
1.5 Bath
915 ft²
|
-
-
|
Ivette Agusti
Keller Williams Miami Beach Realty
| |
|
02/01/2022
|
1 Bed
|
2 Bath
|
915 ft²
|
$369,900
1 Bed
2 Bath
915 ft²
|
-
-
|
Patricia Borges
Deedit Realty LLC
| |
|
11/11/2021
|
1 Bed
|
2 Bath
|
915 ft²
|
$299,000
1 Bed
2 Bath
915 ft²
|
-
-
|
Daniel Hernandez
Sunlife Realtors
| |
|
01/15/2021
|
1 Bed
|
2 Bath
|
915 ft²
|
$349,900
1 Bed
2 Bath
915 ft²
|
-
-
|
Daisy Sanchez
SR International Inc. R.E.
| |
|
01/11/2021
|
1 Bed
|
2 Bath
|
915 ft²
|
$300,000
1 Bed
2 Bath
915 ft²
|
-
-
|
Ivette Agusti
Keller Williams Miami Beach Realty
| |
|
09/16/2020
|
1 Bed
|
2 Bath
|
915 ft²
|
$289,000
1 Bed
2 Bath
915 ft²
|
-
-
|
Lori Brandt
Keller Williams Eagle Realty
| |
|
07/09/2020
|
1 Bed
|
2 Bath
|
915 ft²
|
$280,000
1 Bed
2 Bath
915 ft²
|
-
-
|
Lori Brandt
Keller Williams Eagle Realty
| |
|
12/10/2019
|
3 Bed
|
4 Bath
|
3179 ft²
|
$1,249,000
3 Bed
4 Bath
3179 ft²
|
-
-
|
Elias Dergal Alpizar
Elite Ocean View Realty LLC
| |
|
02/12/2019
|
1 Bed
|
2 Bath
|
915 ft²
|
$260,000
1 Bed
2 Bath
915 ft²
|
-
-
|
Vincent Imburgia
Imburgia Realty Inc.
|
Building Info
5701 Biscayne Boulevard
5701 Biscayne Boulevard, Miami, FL 33137
- 2 Units for Sale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017