Tour
$7,113 Closing Credit¹
#A11746223, Gabriela Melo, Listing office: United Realty Group Inc
$635,000 List price
398 NE 5th St Unit 2516 Miami, FL 33132
$7,541
Closing credit¹
0 beds
1 full
362 sqft
$1,754 / sqft
Condo
Property details
About 398 NE 5th St Unit 2516
Experience the ultimate in flexibility and income potential with this stunning studio unit. Whether you choose to live in it, lease it annually, or capitalize on the lucrative short-term rental market through platforms like Airbnb, VRBO, or Expedia, this property offers endless possibilities. The unit is exactly as depicted in the photos, featuring breathtaking views and exceptional design. Currently managed by YourHome Hospitality LLC, a premier vacation rental management company, all the details are expertly handled for you. This property is a prime income-generating opportunity, complete with top-tier amenities, including a state-of-the-art gym, pool, bar, restaurants, 24/7 front desk service, and more.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size362 sqft
Year built2022
ParkingOne Space
MLS #A11757786
Garage1 space
ViewBay, City, Other
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
- Flooring Type: Tile
- Interior: Other, Elevator
- Garage Space: 1 space
- Parking: One Space
- View: Bay, City, Other
- Exterior: Balcony, Security/High Impact Doors
- Architectural Style: High Rise, Other
- Heating: Central
- Cooling: Central Air
- List Price: $635,000
- Price/SqFt: $1,754
- HOA Amount: $470 Monthly
- Year Built: 2022
- Living Area: 362 SqFt
- MLS Number: A11757786
- MLS Name: SEFMIAMI
- Office Name: Sigma Real Estate & Investment
- Office Email: rfayad@riadfayad.com
- Listing Agent: Riad Fayad
© 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: 6/5/2025, 11:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$635,000
398 NE 5th St Unit 2516
$7,541
closing credit¹
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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. Residents of Miami, FL typically earn less than $<35k each year. 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
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Frequently asked questions
About 398 NE 5th St Unit 2516
The listing price of 398 NE 5th St Unit 2516 property is $635,000.
The property 398 NE 5th St Unit 2516 is a condo located in Miami, Florida, 33132.
Active Listing: 398 NE 5th St Unit 2516 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 398 NE 5th St Unit 2516 are: Downtown Miami Charter School (GreatSchools Rating 4/10), Frederick R. Douglass Elementary School (GreatSchools Rating 6/10), Miami Children's Museum Charter School (GreatSchools Rating 8/10), Ada Merritt K-8 Center (GreatSchools Rating 10/10), Lincoln-Marti Charter School Little Havana Campus (GreatSchools Rating 8/10), Mater Preparatory Academy (GreatSchools Rating 7/10), New World School of the Arts (GreatSchools Rating 9/10), School for Advanced Studies-Wolfson (GreatSchools Rating 10/10), Law Enforcement Officers Memorial High School (GreatSchools Rating 6/10).
The property at 398 NE 5th St Unit 2516 has 0 bedroom and 1 bathroom.
The property 398 NE 5th St Unit 2516 is 362 SqFt (source: MLS/tax record).
The year of construction for 398 NE 5th St Unit 2516 is 2022.
This home is located at 398 NE 5th St Unit 2516 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 362 square foot home was built in 2022. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $635,000.
In May 2025, from all listings sold in Miami, FL there were more than 53 sold above asking price, over 602 sold below and more than 98 were sold right at the asked price. Between April and May 2025, Miami, FL real estate market has seen increase in the number of listings by 8.2%. The median list price of listings available in May 2025 was $585,197, while the average time on the real estate market was 68 days.
From Rocket Homes Real Estate and based on county public records data.