Condo in 398 NE 5th Street 3508, Miami, FL 33132 for sale with MLS# A12105255
ANNUAL GROSS INCOME: $48,500! Exceptional investment opportunity in one of Miami's most dynamic and rapidly transforming urban hubs. This income-producing property offers breathtaking views and an outstanding location, surrounded by newly developed ultra-luxury residences, world-class hotels, and iconic landmarks. Enjoy direct, unobstructed views of Miami's spectacular new $1 billion signature bridge, placing this property at the heart of the city's exciting evolution. A rare opportunity to own a prime piece of Miami real estate with strong income potential and long-term appreciation prospects.
398 NE 5th Street 3508, Miami, FL 33132
Price
- Price:
- $724,000.00
- Original List Price:
- $724,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,683.72
- 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:
- October 19, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bathrooms Total:
- 1
- Full Bath:
- 1
Measures
- Living Area:
- 430 Sqft
- Built-Up Area:
- 430 Sqft
Property Features
- View from the Property:
- Bay
- Waterfront:
- Yes
- Waterfront Features:
- Other, Bayfront
- Security:
- Lobby - Attended
- Appliances:
- Other
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Other Equipment:
- Other
- Unit Description:
- High Rise
- Storm Protection Impact Glass:
- Partial
Construction
- Year Built:
- 2022
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Number of stories:
- 49
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $11,136.00
- Tax Year:
- 2025
- Property Tax Details:
- City/County
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
Community
- Application Required
- Application Fee:
- $100.00
- Application Information:
- Other Approvals
- Association Type:
- Condominium
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Other
- Subdivision Name:
- MAP OF MIAMI DADE CO. FL.
- Senior Community:
- Yes
- Restrictions:
- Other Restrictions
- Minimum Days per Lease:
- 1
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- 398 NE 5TH STREET CONDO UNIT 3508 UNDIV 0.1089% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Real Estate Folio Number (Parcel Number):
- 0141370782600
Public Schools Assigned
- Elementary School:
- Frederick Douglass
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
Listing History
- Active on the market since:
- October 19, 2026
- Listing Agreement executed on:
- October 19, 2026
- Listing Status Last Changed On:
- October 19, 2026 4:00 am
- Last Modified:
- October 19, 2026 5:48 pm
Additional Information
- Courtesy of:
- Piquet Realty
- Attribution:
- Not provided
Location
- Floor Number:
- 35
- Street Name:
- 5th
- Street Number:
- 398
- Unit Number:
- 3508
- 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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