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700 NE 24th St #Penthouse 5802, Miami, FL, 33137

4beds
6baths
3,000sqft
$4,495,000
$1,498price/sqft
$26,458/moest. monthly cost
$1,058,320/yrincome needed

About This Home

This luxury penthouse, newly built, has 11-foot ceilings and a spacious living room that opens onto a 10-foot balcony overlooking the sea. The 4 private suites, each with its own bathroom, are complemented by a courtesy toilet. Enjoy two swimming pools, a spa, a gym, and a private garage for 3 cars. It is an exclusive jewel for those looking for maximum refinement. Property is also available for rent.

Getting Around

72
WalkingVery Walkable
57
TransitGood Transit
65
BikeBikeable

Schools

8/10
Coral Way K-8 CenterGrades PK-80.6 mi
5/10
Miami Senior High SchoolGrades 9-121.8 mi
5/10
Shenandoah Middle SchoolGrades 6-81.2 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: Condo
  • Architectural style: Split Level
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Refrigerator,Self Cleaning Oven,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Built-in Features,Closet Cabinetry,Custom Mirrors,Elevator,Entrance Foyer,Walk-In Closet(s)
  • Door features: High Impact Doors

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,493
  • Total interior livable area: 3,000 sqft

Property

Details

  • Parcel number: 0132301151120

Features

  • Levels: Split Level
  • Entry location: First Floor Entry,Foyer
  • Exterior features: Balcony
  • Spa features: Community
  • Has view: Yes
  • View description: Bay,Ocean,Skyline,Water
  • Has water view: Yes
  • Water view: Bay,Ocean,Water
  • On waterfront: Yes
  • Waterfront features: Bay
  • Frontage type: Bay/Harbor

Parking

  • Total spaces: 6
  • Parking features: Detached Carport,2 Or More Spaces,Assigned,Covered,Electric Vehicle Charging Station(s)
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 6
  • Carport: Yes
  • Carport spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $22,729$272,748
Home Insurance *$394$4,728
Property Taxes $3,034$36,408
Electricity $301$3,622
Total$26,458$317,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$907,131/yr
40% on housing$793,740/yr
45% on housing$705,546/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,498This listing

vs Other Active Listings

Avg $/sqft

ZIP 33137$879
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33137$949
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listing removed$24,950
2026-03-23Listed for rent$24,950
2026-03-19Listed for sale$4,495,000

New Construction

AgentRina Rodriguez
BrokerageOne Sotheby's International Realty

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