1 day on RocketTour
$10,000 Closing Credit¹
#A11784787, Keitiane Silva, Listing Office: STL Advisors, LLC
$895,000 List price
398 NE 5th St Unit 3119 Miami, FL 33132
$10,000
Closing credit¹
1 bed
1 full
626 sqft
$1,430 / sqft
Condo
Property details
About 398 NE 5th St Unit 3119
Discover a fully furnished 1-bedroom, 1-bathroom apartment perfect for short-term rentals in a prime Miami location. This 687 sq ft unit at Elser offers stunning city views and unbeatable convenience, located directly across from Miami's major malls, the cruise port, and the events arena. With its central position in the heart of Downtown Miami, this property is a fantastic investment opportunity for those looking to capitalize on the city's vibrant lifestyle. Short-term rentals are allowed, making this a turn-key option for generating rental income in Miami’s most sought-after neighborhood. Text to book your showing!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size626 sqft
Year built2022
ParkingOne Space, Valet
MLS #A11656357
Garage1 space
ViewCity, Water
Virtual tour
Summary
- MLS Number: A11656357
- MLS Name: SEFMIAMI
- Office Name: MRI Realty Group
- Office Phone: (786) 280-2600
- Office Email: hans@hansbroker.com
- Listing Agent: Marie Ann Altuve
© 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: 4/18/2025, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$895,000
398 NE 5th St Unit 3119
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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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. Most residents in this area 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 3119
This home is located at 398 NE 5th St Unit 3119 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 626 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $895,000.
In March 2025, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 573 sold below and more than 142 were sold right at the asked price. Between February and March 2025, Miami, FL real estate market has seen increase in the number of listings by 13.7%. The median list price of listings available in March 2025 was $580,300, while the average time on the real estate market was 70 days.
From Rocket Homes Real Estate and based on county public records data.