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$1,650,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,150 Sq. Ft.
  • Updated 2 hours ago

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Turnkey short-term rental property in the heart of Downtown Miami. Discover this fully furnished 3- bedroom, 3-bathroom penthouse designed for elevated living in the heart of Miami. With floor-to-ceiling windows, this residence offers breathtaking views of Biscayne Bay and Downtown Miami, creating the perfect blend of sophistication and vibrant city energy. This modern retreat features tall ceilings, smart keyless entry, an Ecobee smart thermostat, and sleek contemporary finishes throughout. Residents enjoy access to resort-style amenities, including a pool deck & fitness center all while being steps away from world-class entertainment.

Full Property Details for 398 NE 5th #4701

General

  • Price: $1,650,000
  • Taxes: $26,000 (2025)
  • Status: Active
  • Type: Condo
  • Source: Martin_County
  • MLS ID: A12017319
  • Updated: 9/6/2026
  • Added to Site: 117 day(s) ago

Interior

  • Interior Features: Closet Cabinetry, Kitchen/Dining Combo, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Pool: Yes
  • Pool Description: Community
  • Spa Description: Community
  • Security/Safety: Door Man, Lobby Secured

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Balcony, Open

Parking

  • Covered Spaces: 1
  • Total Spaces: 1
  • Parking Features: Covered, Valet

Location

  • Area: 2420
  • County: Miami-Dade
  • Subdivision: The Elser

Community

  • Community Name: 2420
  • Assoc. Fees Include: Sewer, Water

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: 47
  • Square Feet: 1,150
  • Living Area: 1,150 Sq. Ft.
  • Year Built: 2022

Lot Features

  • Property View: Bay, Intercoastal

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $26,000
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: 398 NE 5TH STREET CONDO UNIT 4701 UNDIV 0.2912% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Property ID: 01-41-37-078-0340

Listed by MRI Realty Group

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Listing agent

— 398 NE 5th #4701 —

  • MRI Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th #4701

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.9 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.1 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121 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 #4701 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/12/2026
Listed
$1,650,000
10.75%
MLS
9/28/2023
Sold
$1,489,900
—
Public Record
Get Price Alerts and Save Property
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 for 398 NE 5th #4701

Year
Property Taxes
Change
Tax Assessment
Change
2024
$25,064
—
$1,173,732
-9%
2024
$25,064
-5%
$1,289,815
-5%
2023
$26,514
—
$1,357,700
—
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 for 398 NE 5th #4701

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by MRI Realty Group

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398 NE 5th #4701, Miami, FL 33132 (MLS# A12017319) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th #4701 is currently listed for $1,650,000 and was received on May 12, 2026. Want to learn more about 398 NE 5th #4701? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

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