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$699,000
Property Description
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.
Full Property Details
Full Property Details for 398 NE 5th #2205
General
- Price: $699,000
- Taxes: $10,703 (2025)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A11963143
- Updated: 9/4/2026
- Added to Site: 208 day(s) ago
Interior
- Interior Features: Built-in Features, Cathedral Ceiling(s), Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Elevator(s)
- Pool: Yes
- Pool Description: Community
- Security/Safety: Lobby Secured
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony, Open
Parking
- Parking Features: Valet
Location
- Area: 2410
- County: Miami-Dade
- Subdivision: The Elser
Community
- Community Name: 2410
- Assoc. Fees Include: Common Areas, Insurance, Maintenance Grounds, Sewer, Security, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Construction: Block, Concrete
- Windows: Storm Window(s)
- Entry Floor Number: 22
- Square Feet: 442
- Living Area: 442 Sq. Ft.
- Year Built: 2022
- Property Condition: Resale
Lot Features
- Property View: Bay
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayfront
Financial Considerations
- Tax Amount: $10,703
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 398 NE 5TH STREET CONDO UNIT 2205 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
- Property ID: 01-41-37-078-1450
Listed by United Realty Group Inc and United Realty Group Inc.
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Schools
Schools serving 398 NE 5th #2205
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.9 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5th #2205
Date
Details
Price
Change
Source
2/10/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 398 NE 5th #2205
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,744
—
$525,255
-5%
2024
$10,744
—
$552,900
—
2023
$10,797
—
$552,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 398 NE 5th #2205
398 NE 5th #2205, Miami, FL 33132 (MLS# A11963143) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th #2205 is currently listed for $699,000 and was received on February 10, 2026. Want to learn more about 398 NE 5th #2205? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.
