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Condominium at 3618 NE 5th Ave # 2204, Miami FL 33137Active
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Waterfront · Condominium
$736,000$1,363 / sqft

3618 NE 5th Ave # 2204, Miami FL 33137

1
Bedrooms
1
Bathrooms
540 sqft
Interior
2030
Year built
$788 / mo
HOA
Condominium
Type

About this home

Experience Miami’s most stylish address at ELLE Residences Miami. Now in pre-construction, residence 2409 offers stunning city and sunset views, designer-furnished interiors, and the flexibility today's buyers and investors seek with a rental program for short term rentals. Located between Edgewater and the Miami Design District, just minutes from Wynwood, Brickell and only 1 light to Miami Beach. ELLE Residences Miami is a fully furnished luxury tower curated to be your pied-a-terre in Miami, allowing short-term rentals, ideal for second-home buyers and investors alike. World-class amenities include the area’s only rooftop, 2 resort-style pools, wellness-focused spa and gym, while globally recognized ELLE brand creates a truly unique offering in Miami's luxury market. Contact listing agent for private presentations and availability.

Features

  • Closet Cabinetry
  • Other
  • Open Balcony
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$4,510

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$3,722
HOA
$788 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Location3 International, LLC.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.