#A11817477, Roberto Quiroz, Listing office: One Sotheby's International Re
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
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: 7/5/2025, 3:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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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. Typical income of Miami, FL residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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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.
Miami, FL housing market in June 2025 saw over 48 listings sold above listed price, more than 103 sold at listed price and over 570 sold below. The number of listings in Miami, FL increased by 7.1% between May and June 2025. In June 2025 median list price was $589,216 and the average listing age was 75 days.