Tour
$6,745 Closing Credit¹
#A11683284, David Freed, Listing Office: Keller Williams Realty Miami Beach
$579,000 List price
398 NE 5th St Unit 1706 Miami, FL 33132
$6,876
Closing credit¹
1 bed
1 full
443 sqft
$1,307 / sqft
Condo
Property details
About 398 NE 5th St Unit 1706
Welcome to The Elder Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Residents and guests can enjoy a range of amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elder offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking passive income.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size443 sqft
Year built2022
ParkingCovered, Detached, Garage, One Space, Valet
MLS #A11728886
Garage1 space
ViewWater
Virtual tour
Summary
- MLS Number: A11728886
- MLS Name: SEFMIAMI
- Office Name: Related ISG Realty, LLC.
- Office Phone: (305) 932-6365
- Office Email: info@relatedisgrealty.com
- Listing Agent: Minerva Arboleya
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$579,000
398 NE 5th St Unit 1706
$6,876
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Downtown Miami Charter School
Public Charter KG-6
0.6 mi
•305 NW 3rd Ave
6
Frederick R. Douglass Elementary School
Public District PK-5
0.8 mi
•314 NW 12th St
8
Miami Children's Museum Charter School
Public Charter KG-5
0.9 mi
•980 MacArthur Cswy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,792. The majority of Miami, FL residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
58%
<35k
26%
35k-100k
16%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
81%
Single, No Kids
5%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
1%
12-17 yrs old
40%
18-34 yrs old
36%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 398 NE 5th St Unit 1706
This home is located at 398 NE 5th St Unit 1706 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 443 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $579,000.
Over 62 listings were sold over their listed price in March 2025 in Miami, FL. In the same period over 573 listings were sold below the listed price and 142 listings were sold for the listed price. The number of listings in Miami, FL increased by 13.7% between February and March 2025. While the average time on the market in March 2025 was 70 days, the median list price was $580,300.
From Rocket Homes Real Estate and based on county public records data.