$460,327*
●
Condo -
Off Market
5701 Biscayne Boulevard #501
Miami, FL 33137
1 Bed
2 Baths,
1
Half Bath
915 Ft²
$234,000 - $286,000
Reference Base Price*
77.05%
Since Apr 1, 2019
FL-Miami
Primary Model
About This Property
PERFECT INVESTMENT OPPORTUNITY JUST LEASED FOR GREAT VALUE W/ LOW
MAINTENANCE FEES MAKE THIS A GREAT INVESTMENT OPPORTUNITY.
CONTEMPORARY LOFT STYLE BUILDING IN THE HEART OF MIAMI WHERE MIMO &
DESIGN DISTRICT CONVERGE. CONCRETE FLOORS, EXPOSED CEILINGS, &
REMODELED KITCHEN W QUARTZ COUNTERS - MODERN & SOPHISTICATED
APPEAL. LARGE BALCONY- EAST/VIEWS OVERLOOKING THE POOL &
MORNINGSIDE W/ LUSH GREENERY. WASHER/DRYER IN THE UNIT. VIEWS
LOOKING EAST & WEST. END UNIT- QUIET & PRIVATE LIVING SPACE.
UPDATED LOBBY,ROOFTOP TERRACE! BOUTIQUE BUILDING OFFERS A SAUNA &
BBQ/BAR AREA ON OPEN ROOF TOP W/ AMAZING VIEWS OF THE CITY. LOW
MAINT. FEES! CLOSE PROXIMITY TO 195, MULTIPLE PUBLIC PARKS (LEGION
PARK/MORNINGSIDE PARK) MEDICAL DISTRICT, MIAMI BEACH, MUSEUM
DISTRICT, MIMO, DESIGN DISTRICT & WYNWOOD.
The manager has listed the unit size as 915 square feet.
The manager has listed the unit size as 915 square feet.
Unit Size
915 Ft²
Days on Market
-
Land Size
-
Price per sqft
$284
Property Type
Condo
Property Taxes
$203
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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Operating Profit Per Year
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
Property Highlights
Air Conditioning
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