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Waterfront · Condominium
$5,871,000$2,208 / sqft
249 NE 3 ST # 5901, Miami FL 33132
Listed
3
Bedrooms
4
Bathrooms
2,659 sqft
Interior
2028
Year built
$4,520 / mo
HOA
Condominium
Type
About this home
Welcome to the Waldorf Astoria Residences Miami, the city’s first super-luxury residential tower, offering an unparalleled lifestyle in the heart of Downtown Miami. Residence 5901, located on high floors (Levels 50–59), features a spacious 3-bedroom, 3.5-bath residence with den, offering 2,659 SF of interior living space plus a 163 SF private balcony, totaling 2,822 SF. This elegant home is accessed via a private elevator foyer and showcases an expansive open-concept living and dining area with floor-to-ceiling windows capturing stunning panoramic views of Biscayne Bay and the Miami skyline. The thoughtfully designed layout includes a generous primary suite with spa-inspired bath, well-appointed secondary bedrooms with en-suite baths, a den ideal for a home office or media room, a powder room, and a dedicated laundry area. Residents enjoy the legendary Waldorf Astoria lifestyle, including world-class concierge services, luxury amenities, and hotel-style offerings, all moments from Brickell, Miami Beach, fine dining, and cultural destinations.
Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Walk-In Closet(s)
- Bay
- Ocean View
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.