$720,000list price
Per sq ft$1,629
Studio · 1 ba · 442 sq ft Condo or villa
398 NE 5TH ST #3207, MIAMI, FL 33132
Listing courtesy of BM2 Realty. MLS# A11949064.On the MLS · Listed Jan 22
$724,000
398 NE 5TH ST #3508, MIAMI, FL 33132
Studio1 bath430 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026This home against Downtown
$1,684 per sq ft, 99% over the Downtown median
17 days on the market
$11,136 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: $48,500! 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. Enjoy direct, unobstructed views of Miami’s spectacular new $1 billion signature bridge, placing this property at the heart of the city’s exciting evolution. 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# A12105255.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed October 17, 2026.
Similar homes near Downtown, MIAMI
$720,000list price
Per sq ft$1,629
1 bd · 1 ba · 442 sq ft Condo or villa
398 NE 5TH ST #2407, MIAMI, FL 33132
Listing courtesy of Julies Realty, LLC. MLS# A11931694.On the MLS · Listed Dec 18
5 photos$745,000list price
Price cut$50,000
1 bd · 1 ba · 442 sq ft Condo or villa
398 NE 5TH ST #1407, MIAMI, FL 33132
Listing courtesy of Coldwell Banker Realty. MLS# A12018690.On the MLS · Listed May 10
$699,900list price
Per sq ft$1,933
Studio · 1 ba · 362 sq ft Condo or villa
398 NE 5TH ST #4316, MIAMI, FL 33132
Listing courtesy of Potential Property Group. MLS# A12042862.On the MLS · Listed Jun 22
5 photos$699,900list price
Price cut$59,100
1 bd · 1 ba · 560 sq ft Condo or villa
398 NE 5TH ST #1715, MIAMI, FL 33132
Listing courtesy of Linart Realty, LLC. MLS# R11151415.On the MLS · Listed Jan 4
$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