$850,000

398 NE 5TH ST #2219, MIAMI, FL 33132

1 bed1 bath626 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026

This home against Downtown

$1,358 per sq ft, 61% over the Downtown median
16 days on the market
$13,500 in property taxes (2025)
Waterfront
1 car garage

Downtown today: 393 homes for sale, median list price $599,000.

About this home

ANNUAL GROSS INCOME: $57,000! Exceptional investment opportunity in one of Miami’s most dynamic and rapidly transforming urban hubs. This income-producing property offers breathtaking views and an outstanding location, surrounded by newly developed ultra-luxury residences, world-class hotels, and iconic landmarks. A rare opportunity to own a prime piece of Miami real estate with strong income potential and long-term appreciation prospects.

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 Piquet Realty. MLS# A12105265.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 18, 2026.

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