40
Map
$1,750,000
↑ $250K (16.7%)
●
Condo -
For Sale
5701 Biscayne Blvd #PH9
Miami, FL 33137
4 Beds
3 Baths,
1
Half Bath
3,179 Ft²
$12,294
Est. Monthly
$2,628
HOA / Fees
About This Property
Discover this one-of-a-kind loft-style 4BD/3.5BA
residence-currently configured as a 3-bedroom plus storage-offering
dramatic open-concept living, sweeping floor-to-ceiling glass, and
panoramic views of Biscayne Bay, the Miami skyline, and lush tree
canopies. Designed with an industrial-modern aesthetic, the home
showcases exposed ducts, polished concrete floors, brick accents,
and custom wood millwork throughout. The expansive great room
seamlessly integrates living, dining, and an open chef's kitchen,
creating an ideal setting for entertaining. The primary suite
delivers a true retreat with incredible natural light, oversized
balcony access, and a sculptural soaking tub set against skyline
vistas. Multiple lounging areas, flexible spaces perfect for office
or creative use, and generous storage enhance daily living. The
boutique building offers two elevators, just 3–4 residences per
floor, a rooftop dry sauna, and pool, and is just a 3-minute walk
from beautiful Morningside Park-offering an exceptional blend of
volume, character, lifestyle, and location at the edge of
Morningside and the MiMo District.
Unit Size
3,179 Ft²
Days on Market
313 days
Land Size
-
Price per sqft
$550
Property Type
Condo
Property Taxes
$1,073
HOA Dues
$2,628
Year Built
-
Listed By
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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.
Last updated: 26 days ago (Miami MLS #A11927750)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Price Increased |
$1,750,000
↑ $250K
(16.7%) | |
| Price Increased | |||
| Jan 14, 2026 | Price Decreased |
$1,500,000
↓ $200K
(11.8%) | |
| Price Decreased | |||
| Dec 9, 2025 | Listed by One Sotheby's International Realty | $1,700,000 | |
| Listed by One Sotheby's International Realty | |||
| Jun 15, 2020 | No longer available | - | |
| No longer available | |||
| Dec 10, 2019 | Listed by Elite Ocean View Realty LLC | $1,249,000 | |
| Listed by Elite Ocean View Realty LLC | |||
| | |||
|
This loft is a creator’s haven, featuring distressed, concrete floors, exposed pipes and brick, recycled barn wood, awash with sunlight. The kitchen and master bath are completely open, allowing the bay views and breeze in. The Flats at Morningside is one of Miami´s best kept secrets. This discreet, boutique building hoses a small # of New York-Style lofts. The manager has listed the unit size as 3179 square feet.
| |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: 2 Or More Spaces
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Walk-In Closet(s), Storage
Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Flooring Type: Concrete
Exterior Details
Has Property Attached
Square Footage: 3179
Security Features: Other, Elevator Secure
Property Condition: Updated/Remodeled
Year Built: 1973
Building Name: THE FLATS AT MORNINGSIDE
Building Area Total: 3179
Building Area Units: Square Feet
Window Features: Blinds
Construction Materials: Other
Patio and Porch Features: Open Balcony
Lot Size Units: Square Feet
Financial Details
Tax Annual Amount: $12,877
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Exercise Course, Pool
HOA Fee: $2,628
HOA Fee Frequency: Monthly
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
About Northern Miami
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Listed by: Ashley Boyd
One Sotheby's International Realty
Last Updated: 26 days ago
Data Source: Miami MLS, MLS# A11927750
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
One Sotheby's International Realty
Last Updated: 26 days ago
Data Source: Miami MLS, MLS# A11927750
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