5261 NE 5th Ave, Miami FL 33137, MIAMI, FL, 33137
Active164 days on marketListed Mar 2, 2026MLS #A11971180
About this home
5261 NE 5th Ave, Miami FL 33137
Welcome to Skyfin, a completely reimagined architectural masterpiece in the heart of the guard-gated Morningside community. Originally designed by renowned architect Rufus Nims, this iconic residence has been thoughtfully transformed with the design of architect Gabriela Liebert into the modern showpiece it is today. Designed for exceptional entertaining, Skyfin boasts over 4,200/sqft of interior space and about 2,100/sqft of terrace, balcony, and rooftop space, seamlessly blending indoor sophistication with elevated outdoor living. Inside, every detail speaks to craftsmanship and intention, from the fully integrated Miele appliances to the bespoke Boffi kitchen and rich oak wood flooring. This is more than a home; it is tomorrow’s icon. Don’t miss this once-in-a-lifetime opportunity to own a residence that defines the future of Miami design, today.
Facts & features
The home at a glance
5
Bedrooms
6
Bathrooms
4,142
Sqft
1
Garage
2026
Year built
$1,509
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$37,760 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$37,760/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$1,509 vs $513
Days on market
164 vs 66 typical
Where $1,509/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Upper Eastside
Get to know Miami. See the full Miami guide →
Upper Eastside — neighborhood snapshot
Population
14,642
Median age
43
Median income
$80,911
Median home value
$854,030
Avg household
2
Households w/ children
1,433
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1230% above the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 5261 NE 5th Ave
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$7,690,000
4301 Gate Ln, Miami FL 33137
5 bd · 5.5 ba · 4,081 sqft · $1,884/sqft · 15 DOM
Sold · Apr ’26$10,250,000
4403 Palm Ln, Miami FL 33137
4 bd · 4.5 ba · 4,206 sqft · $2,437/sqft · 82 DOM
Sold · May ’26$3,100,000
4235 NW 1st Ave, Miami FL 33127
5 bd · 5.5 ba · 4,008 sqft · $773/sqft · 98 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Arlinda Gokyar
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5261 NE 5th Ave — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5261 NE 5th Ave — before you fall in love.
See it in person
Schedule a tour
Live availability from Arlinda's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5261 NE 5th Ave FAQs
What would the monthly payment be for 5261 NE 5th Ave, Miami FL 33137?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $37,760/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5261 NE 5th Ave, Miami FL 33137?+
The most recent tax bill on record (2025) was $18,381. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $6,250,000, this home is listed about 925% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5261 NE 5th Ave, Miami FL 33137?+
Morningside K-8 Academy (elementary), District Instructional Center (Dic) (), Horace Mann Middle School (middle), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$6,250,000 runs 1230% above the MIAMI 33137 median — but at 4,142 sqft it's also nearly 3 times the size of the typical Miami listing.
02Garden views
The garden view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
164 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Morningside K-8 Academy, District Instructional Center (Dic), Horace Mann Middle School, Booker T. Washington Senior High, Instructional Center System Wide, Title I Migrant Education Program — Morningside K-8 Academy rates 5 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $6,500,000, now $6,250,000 — a $250K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Douglas Elliman · Carlos Fernandez. MLS #A11971180.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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