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$1,650,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,150 Sq. Ft.
  • Updated 1 day 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 St #4701

General

  • Price: $1,650,000
  • HOA FEE: $433/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $26,000 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A12017319
  • Updated: 5/13/2026
  • Added to Site: 6 day(s) ago

Interior

  • Interior Features: Closet Cabinetry, Walk-In Closet(s), Family Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self-Cleaning Oven, Washer
  • Furnishings: Furnished, Turn Key Furnished
  • Flooring: Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3
  • Bedroom Features: Primary Bath Shower

Other Rooms

  • Living Room: Family Room Sq. Ft.
  • Dining Room: Kitchen Dining

Additional Information

  • Shared Amenities: Bar, Barbecue, Exercise Room, Pool, Spa/Hot Tub
  • Maint. Includes: All Amenities, Sewer, Water
  • Security/Safety: Doorman, Elevator Secure, Lobby Secured

Exterior

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

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Space, Covered, Valet, Limited # Of Vehicle, No Motorcycle, No Trucks/Trailers

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
  • Heating Type: Central

Structural Information

  • Architectural Style: High Rise, Penthouse
  • Structure Type: Condo 5+ Stories, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction
  • Windows: High Impact Windows
  • Entry Floor Number: 47
  • Building Size: 1150
  • Square Feet: 1,150
  • Living Area: 1,150 Sq. Ft.
  • Year Built: 2022

Lot Features

  • Property View: Bay, Intracoastal View, Water View

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $1,434.78
  • Association Fee: $1,300
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $26,000
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 4701 UNDIV 0.2912% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Daily Rentals Allowed, Ok To Lease, See Broker Remarks
  • Property ID: 01-41-37-078-0340

Listed by MRI Realty Group

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Listing agent

— 398 NE 5th St #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 St #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 St #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 St #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 St #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 St #4701, Miami, FL 33132 (MLS# A12017319) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #4701 is currently listed for $1,650,000 and was received on May 12, 2026. Want to learn more about 398 NE 5th St #4701? 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.

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