+40 more
About This Unit
Beautiful 1 Bed / 1.5 Bath plus Den with 1,000 sq ft of living space. Located in a desirable 55+ community just west of Aventura, near shopping, dining, hospitals, and beaches. This bright and inviting condo features tiled floors throughout and an enclosed balcony-turned-den overlooking the pool — ideal for relaxing, working, or extra living space. The bedroom is generously sized with ample closet space. Enjoy top-tier amenities, including two heated pools with lake views, a fitness center,a clubhouse with a pool table, a sauna, and an event room. Community laundry on the same floor. 1 assigned parking space + guest parking.Maintenance includes water, basic cable, and garbage services. 50-year certification passed.
Pricing at Fifth Moorings — $201/sqft
Fifth Moorings Unit 286 is listed at $201/sqft.
Fifth Moorings Unit 286 vs Active Listings at Fifth Moorings: This condo is -0.1% higher (+$0/more per sqft) than the building's active 1BR median of $201/sqft, based on 2 active 1BRs.
Fifth Moorings Unit 286 vs Recent Sold Listings at Fifth Moorings: This unit is +38.5% higher (+$56/more per sqft) than recent 1BR sales (median $145/sqft, based on 2 sales over 9 months).
Insider Negotiation Strategy: 1BR units at Fifth Moorings typically close at 98.9% of asking. At that ratio, this unit could plausibly trade around $183,021.
Based on live MIAMIRE active & closed listings at Fifth Moorings.
Time on Market — 0 days
Fifth Moorings Unit 286 has been on the market for 0 days.
This unit's 0 days on the market is 1 day shorter than the active 1BR median of 1 days (-100.0%).
Estimated Monthly Cost
Mortgage (P&I)
$1,005
HOA
$472
Property Tax
$24
Total / mo
$1,500
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 0.15%.
HOA $0.51/sqft · All-in $1.63/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Fifth Moorings.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 1BR Comps at Fifth Moorings
UnitListSqft$/sqftDOM
#997
$190,000
940
$202
1
#286
$185,000
921
$201
0
Recent Closed 1BR Sales
ClosedUnitSold$/sqftvs List
2026-02-26
#787
$137,000
$149
97.9%
2026-04-23
#287
$130,000
$141
100.0%
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
- Fifth Moorings is a 10-story mid-rise at 1401 Miami Gardens Dr, North Miami Beach, FL 33179, built 1969. Currently 1 active listing on the market, with active asking prices ranging up to $190K.
- Neighborhood: North Miami Beach. North Miami Beach is the inland municipality north of Aventura -- primarily residential mid-tier, with some pockets of new mid-luxury construction.
- Buyer profile here: Primary-residence buyers, families priced out of Aventura or beachfront cities.
- Built 1969 (now 57 years old) -- past Florida's 25-year structural recertification trigger.
- Value-tier inventory with active asking prices up to $190K.
- At 10 stories, Fifth Moorings is low-rise scale -- fewer total units typically means a more intimate building feel.
- Compared anchor: Compared to Aventura, NMB is a step down in price ceiling and a step up in accessibility for entry-level luxury buyers.
- Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
- Pre-offer diligence: Building age varies widely -- verify reserve study status particularly on 1970s-80s inventory.
- Ricky has worked the North Miami Beach market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
What to Verify
Flood Zone: This unit is in flood zone X. Outside the Special Flood Hazard Area — low-to-moderate risk; insurance optional but recommended.
Building Age: Built in 1969 (57 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Mar 2018 for $70,000 — held 8 years. They’re now asking $185,000 — +164.3% (+$115,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
🏛 Property Tax Reset
The current owner pays approximately $1,346/yr in property tax thanks to a $40,103 Save Our Homes assessment cap (Florida shelters long-time owners from market-value increases).
On purchase, your assessment resets to full market value — expect roughly $2,148/yr, about 1.6× the current owner’s bill.
Estimate uses Miami-Dade’s ~2% effective millage; your actual bill depends on the millage in the year you close and any homestead exemption you may qualify for.
Sales History
| Date | Price | Type |
|---|---|---|
| Mar 2018 | $70,000 | arm’s-length |
| Nov 2016 | $70,000 | arm’s-length |
| Nov 2005 | $130,000 | arm’s-length |
| May 2005 | $77,000 | arm’s-length |
| Oct 1998 | $27,700 | arm’s-length |
| May 1989 | $31,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. This unit owns 0.61% of the building’s common elements. County living area: 921 sqft.
Building: Fifth Moorings
Unit: 286
Year Built: 1969
Stories: 10
City: Miami
Postal Code: 33179
HOA Fee: $472 / Monthly
View: Garden View
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 0
Listed: May 7, 2026
MLS #: A12014406
Location
Listing courtesy of: My Realty Group, LLC.
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A12014406
• Updated May 7, 2026
