Condominium

398 NE 5th St # 2205

398 NE 5th St # 2205, Miami FL 33132

$699,000

For Sale

1 Bed · 1 Bath · 442 SqFt

See estimated monthly cost

This listing is courtesy of United Realty Group Inc. Gabriela Melo

Overview

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.

Facts & features

Interior

Living area (sq ft)
442
Full bathrooms
1
Furnished
Furnished
  • Lobby
  • Built-in Features
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Building & exterior

Year built
2022
Waterfront
Yes
  • Bay
  • Open Balcony
  • Valet
  • No Rv/Boats
  • No Trucks/Trailers

HOA (homeowners association)

Association fee
$680 per month
Pets allowed
Yes
  • Barbecue
  • Business Center
  • Clubhouse-Clubroom
  • Exercise Room
  • Pool
  • Daily Rentals Allowed
  • Ok To Lease
  • Okay To Lease 1st Year
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$10,703
Tax year
2025
Parcel number
01-41-37-078-1450

Listing

MLS number
A11963143
Property type
Condominium
Price per SqFt
$1,581
Subdivision
MAP OF MIAMI DADE CO. FL.
On market since
Feb 10, 2026
Days on market
133

Estimated monthly cost

$5,631 per month

Principal & interest (30 yr)
$3,535
Property tax
$892
Insurance (estimated)
$524
Association fee
$680

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • New World School of the Arts Public · 9-12 · 0.31 mi
  • School For Advanced Studies Wolfson Public · 11-12 · 0.31 mi
  • Law Enforcement Officers Memorial Senior High Public · 9-12 · 0.58 mi
  • Downtown Miami Charter School Charter · K-6 · 0.65 mi
  • School Board Adm - Main Building Public · 0 · 0.71 mi
  • Anna Brenner Meyers Telecommunication Complex Public · 0 · 0.74 mi
  • K-12 Distance Learning Public · K-12 · 0.74 mi
  • iPrep Academy Public · PK-12 · 0.75 mi
  • Primary Learning Center Public · PK-4 · 0.75 mi
  • Miami-Dade Online Academy Public · K-12 · 0.75 mi
  • Key Point Academy Downtown Private · PK-12 · 0.76 mi
  • School Board Adm -Garage Public · 0 · 0.79 mi
  • The Learning World Academy in Downtown Private · PK-01 · 0.80 mi
  • KLA Schools of Brickell Private · NS-PK · 0.84 mi
  • RJW The Academy of Arts Sciences Private · KG-11 · 0.84 mi

Similar homes nearby

Active listings within two miles, with a comparable size and price.

Comparables in this building

  • 398 NE 5th Street # 2403, Miami FL 33132 $415,000 Closed Jun 24, 2026 · 1 Bed · 1 Bath
  • 398 NE 5th St # 4507, Miami FL 33132 $520,000 Closed Apr 23, 2026 · 1 Bed · 1 Bath
  • 398 NE 5th St # 3008, Miami FL 33132 $450,000 Closed Apr 23, 2026 · 1 Bed · 1 Bath
  • 398 NE 5th St # 1905, Miami FL 33132 $420,000 Closed Apr 20, 2026 · 1 Bed · 1 Bath

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