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$1,595,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,150 Sq. Ft.
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398 NE 5th St #PH4701, Miami, FLVideo Tour of 398 NE 5th St #PH4701, Miami, FL.
Short-term rental property in the heart of Downtown Miami. Daily rentals are allowed, making this a turn-key option for generating rental income in Miami's most sought-after neighborhood. 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. LLC being sold.

Full Property Details for 398 NE 5th St #PH4701

General

  • Price: $1,595,000
  • HOA FEE: $1,300/month
  • Taxes: $25,839 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11756284
  • Updated: 3/4/2025
  • Added to Site: 319 day(s) ago

Interior

  • Interior Features: Closet Cabinetry
  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Furnishings: Furnished, Turn Key Furnished
  • Flooring: Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 3
  • Bedroom Features: Entry Level, Primary Bath Shower

Other Rooms

  • Dining Room: Dining/Living Room

Additional Information

  • Shared Amenities: Bar, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
  • Maint. Includes: Recreation Facilities, Security, Sewer, Water
  • Security/Safety: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry, Guard At Site, Lobby Secured, Security Patrol

Exterior

  • Exterior Features: East Of Us1, Open Balcony
  • Deck/Patio: Open Balcony

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Location

  • Area: Map Of Miami Dade Co. Fl.
  • County: Miami-Dade County
  • Subdivision: MAP OF MIAMI DADE CO. FL., THE ELSER
  • 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
  • Windows: Blinds, High Impact Windows, Sliding
  • 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, Skyline, Water View
  • Frontage: Bay

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $1,386.96
  • Association Fee: $1,300
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $25,839
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Ownership: Corporation
  • 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
  • Inclusions: None
  • Property ID: 01-41-37-078-0340

Listed by MRI Realty Group

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Listing agents

— 398 NE 5th St #PH4701 —

  • MRI Realty Group

  • 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 #PH4701

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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 398 NE 5th St #PH4701 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2025
Listed
$1,595,000
-90.61%
MLS
9/19/2022
Sold
$16,987,650
—
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 #PH4701

Year
Property Taxes
Change
Tax Assessment
Change
2024
$77,572
—
$4,155,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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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 #PH4701, Miami, FL 33132 (MLS# A11756284) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #PH4701 is currently listed for $1,595,000 and was received on March 04, 2025. Want to learn more about 398 NE 5th St #PH4701? Do you have questions about finding other Condo real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.

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