398 NE 5th St # 2205, Miami FL 33132, Miami
$699,000
Miami, FL, 33132
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 442 sqft
- Year built
- 2022
- Type
- Condominium
- Association fee
- $680 / monthly
- Days on market
- 133
- MLS #
- A11963143
Listing courtesy of United Realty Group Inc · 954-450-2000. Listing agent: Gabriela Melo. MLS data last updated 2026-06-23.
Description
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.
398 NE 5th St # 2205, Miami FL 33132, Miami — for sale, listed for $699,000 (1 bed, 1 bath, 442 sqft).
302 1-bed listings for sale in 33132 · median $532,500.
Run the numbers
Browse this price segment
n=2,622 · 2026-07-29 · Methodology
What just came on the market here?
Our walk of the feed recorded 8 new 1-bed listings for sale in 33132 debuting over the last 2 observed weeks with entry asking prices $289,000–$525,000.
n=8 · 2026-07-29 · Methodology
Current market segment
Right now: 302 active 1-bed listings for sale in 33132, median asking price $532,500, median $680/sqft.
n=302 · 2026-07-29 · Methodology
Local market report
Where is this market heading?
Our weekly snapshot archive tracks the median for 1-bed listings for sale in 33132: $680/sqft in 2026-W30 to $681/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=299 · 2026-07-29 · Methodology
Availability in The Elser
86 listings are currently active in this building across 75 distinct units (39 × 1-bed, 10 × 2-bed, 19 × 3-bed, 18 × studio).
n=86 · 2026-07-29 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $680/sqft — 23% above the Miami median asking of $552/sqft.
n=292 · 2026-07-29 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
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