Video tour
$7,066 Closing Credit¹
#A11611038, Rebeca Lopez, Listing Office: Canvas Real Estate
$6,828
closing credit¹
398 NE 5th St Unit 3707 Miami, FL 33132
$575,000 List price
$6,828
Closing credit¹
1 bed
1 full
442 sqft
$1,301 / sqft
Condo
Property details
About 398 NE 5th St Unit 3707
Experience luxury in this stunning hotel/condo unit located in the vibrant heart of downtown Miami. The Elser redefines luxury living & smart investment. This exceptional studio isn’t just a residence; it’s a lucrative opportunity. With the flexibility for short-term rentals managed on top platforms like Airbnb and VRBO. This stylish retreat boasts a fully-equipped kitchen, chic modern furnishings, and a flat-screen TV, blending style with convenience. Enjoy breathtaking views of Miami's intercoastal bay. Enjoy upscale amenities, including a wrap-around pool, a two-story, state-of-the-art gym, valet parking, and more. Its prime location offers easy access to the Bayside Marketplace, Miami Heat Arena, Art District, Brickell, the Port of Miami, parks, and various transit options.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size442 sqft
Year builtNew Const., 2022
ParkingCovered, Electric Vehicle Charging Station(s), One Space
MLS #A11683284
Garage1 space
WaterfrontBay Front, Water Access
ViewBay, Intercoastal, Ocean
Virtual tour
Summary
- MLS Number: A11683284
- MLS Name: SEFMIAMI
- Office Name: Keller Williams Miami Beach
- Office Phone: (305) 695-1112
- Office Email: Natascha@L5Leaders.com
- Listing Agent: David Freed
© 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: 2/7/2025, 2:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$575,000
398 NE 5th St Unit 3707
$6,828
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
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Nearby schools
7
Downtown Miami Charter School
Public Charter KG-6
0.6 mi
•305 NW 3rd Ave
3
Frederick R. Douglass Elementary School
Public District PK-5
0.8 mi
•314 NW 12th St
9
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. Typical family type is single, no kids. The majority of 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 3707
This home is located at 398 NE 5th St Unit 3707 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 442 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $575,000.
Miami, FL housing market in January 2025 saw over 31 listings sold above listed price, more than 74 sold at listed price and over 425 sold below. Between December and January 2025, Miami, FL real estate market has seen increase in the number of listings by 14.8%. The median list price of listings available in January 2025 was $574,895, while the average time on the real estate market was 76 days.
From Rocket Homes Real Estate and based on county public records data.