$699,000list price
Per sq ft$1,581
1 bd · 1 ba · 442 sq ft Condo or villa
398 NE 5TH ST #2805, MIAMI, FL 33132
Listing courtesy of Cays LLC. MLS# A12103466.On the MLS · Listed Oct 3
$699,000
398 NE 5TH ST #2205, MIAMI, FL 33132
1 bed1 bath442 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026This home against Downtown
$1,581 per sq ft, 87% over the Downtown median
267 days on the market
$10,703 in property taxes (2025)
Waterfront
Downtown today: 393 homes for sale, median list price $599,000.
About this home
Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals—ideal for investors seeking strong income potential in Miami’s high-demand short-term rental market. Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns. Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit. A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.
Zoned schools
Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Paul S. Walker Urbanscape, 0.2 mi
Grocery: Whole Foods Market, 0.2 mi
Distances from the center of Downtown, MIAMI.
Listing courtesy of United Realty Group Inc. MLS# A11963143.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed February 9, 2026.
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