Condo in 398 NE 5th Street 2205, Miami, FL 33132 for sale with MLS# A11963143
Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals-ideal for investors seeking strong income potential in Miami's high-demand short-term rental market. Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns. Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit. A rare chance to own a flexible-use, income-producing asset in one of Miami's most dynamic urban cores.
398 NE 5th Street 2205, Miami, FL 33132
Price
- Price:
- $699,000.00
- Original List Price:
- $699,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,581.44
- More Listings Same Building:
- The Elser Miami in 398 5th St Miami
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- February 10, 2026 10:59 am
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Bedroom On Entry Level
Measures
- Living Area:
- 442 Sqft
- Built-Up Area:
- 442 Sqft
Property Features
- View from the Property:
- Bay
- Waterfront:
- Yes
- Waterfront Features:
- None, Bayfront
- Security:
- Key Card Entry, Security System, Secured Garage/Parking, Fire Alarm, Elevator Secure
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range
- Interior:
- Walk-In Closet(s), Vaulted Ceiling(s), Built-in Features
- Exterior:
- Balcony
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Unit Description:
- High Rise
- Balcony Details:
- Balcony - Open
- Storm Protection Impact Glass:
- Partial
Construction
- Year Built:
- 2022
- Levels:
- Two
- Construction Materials:
- Block, CBS
- Flooring:
- Tile
- Number of stories:
- 49
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $10,703.00
- Tax Year:
- 2025
- Association Fee:
- $680.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Valet
Community
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval, Association Approval Required
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Clubhouse, Maintenance, Fitness Center, Picnic Area, Lobby
- Subdivision Name:
- MAP OF MIAMI DADE CO. FL.
- Association Fee Includes:
- Maintenance Grounds, Sewer, Trash, Security, Maintenance Structure, Common Areas, Insurance, Elevator
- Senior Community:
- No
- Restrictions:
- Parking - No Truck, Parking - No Trailer
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease, Okay To Lease During First Year, Short Term Rentals Allowed
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
Zoning and Legal
- Tax Legal Description:
- 398 NE 5TH STREET CONDO UNIT 2205 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
- Real Estate Folio Number (Parcel Number):
- 0141370781450
Public Schools Assigned
- Elementary School:
- Key Biscayne K-8
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
Listing History
- Active on the market since:
- February 10, 2026
- Listing Agreement executed on:
- February 10, 2026
- Listing Status Last Changed On:
- February 10, 2026 10:59 am
- Photos updated on:
- September 9, 2026 4:04 pm
- Last Modified:
- October 31, 2026 12:44 pm
Additional Information
- Courtesy of:
- United Realty Group Inc
- Attribution:
- Not provided
Location
- Floor Number:
- 22
- Street Name:
- 5th
- Street Number:
- 398
- Unit Number:
- 2205
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 44''
- Longitude:
- W81° 48' 38.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
Property Map
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$109,505
Median Home Value
$545,100
Median Rent
$2,534/mo
Median Age
34
Population
18,244
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