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$499,500
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Property Description
Discover the epitome of luxury and convenience with this stunning studio unit in the heart of downtown Miami. Spanning 496 sqft, this fully furnished studio is designed to impress, featuring a fully-equipped kitchen, a plush king-size bed, a pull-out couch, in-unit washer and dryer, and a large flat-screen TV. Floor-to-ceiling windows showcase breathtaking views of Biscayne Bay and the vibrant Miami skyline. Positioned in a prime location, you'll enjoy seamless access to world-class destinations such as the Kaseya Center, Brickell Financial District, and the Port of Miami. The property offers exceptional amenities, including a resort-style pool, a state-of-the-art two-story fitness center, valet parking, and much more. With high income potential and no rental restrictions.
Full Property Details
Full Property Details for 398 NE 5th St #2805
General
- Price: $499,500
- HOA FEE: $494/month
- Taxes: $11,281 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11788577
- Updated: 12/23/2025
- Added to Site: 268 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Bar, Business Center, Elevator(s), Exercise Room, Other, Pool, Spa/Hot Tub, Trash Chute
- Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Internet/WiFi, Parking, Pool Service, Security, Sewer, Trash Removal, Water
- Security/Safety: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured, TV Camera
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Attached garage: Yes
- Parking Features: Assigned, Valet
Location
- Area: Map Of Miami Dade Co. Fl.
- County: Miami-Dade County
- Subdivision: MAP OF MIAMI DADE CO. FL.
- Building Name: The Elser
Community
- Community Name: Map Of Miami Dade Co. Fl.
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Windows: Clear Impact Glass
- Entry Floor Number: 28
- Building Size: 442
- Square Feet: 442
- Living Area: 442 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,130.09
- Association Fee: $494
- Assoc Fee Freq.: Monthly
- Tax Amount: $11,281
- Tax Year: 2024
- Terms: All Cash, Conventional, Lease Option
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 2805 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
- Restrictions: Daily Rentals Allowed, No Restrictions, No Trucks/Rv'S, Ok To Lease, Okay To Lease 1st Year
- Inclusions: None
- Property ID: 01-41-37-078-1510
Listed by Cays LLC
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Schools
Schools serving 398 NE 5th St #2805
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5th St #2805
Date
Details
Price
Change
Source
12/23/2025
Price Reduced
$499,500
-3.01%
MLS
10/17/2025
Price Increased
$515,000
3%
MLS
10/15/2025
Price Reduced
$500,000
-2.91%
MLS
8/27/2025
Price Reduced
$515,000
-0.96%
MLS
6/20/2025
Price Reduced
$520,000
-0.95%
MLS
6/03/2025
Price Reduced
$525,000
-7.16%
MLS
5/21/2025
Price Reduced
$565,500
-8.05%
MLS
4/23/2025
Listed
$615,000
-13.87%
MLS
8/24/2023
Sold
$714,000
—
Public Record
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 St #2805
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,942
278%
$563,100
—
2023
$2,894
—
$563,100
—
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 St #2805
398 NE 5th St #2805, Miami, FL 33132 (MLS# A11788577) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th St #2805 is currently listed for $499,500 and was received on April 23, 2025. Want to learn more about 398 NE 5th St #2805? 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.

