How much is 398 NE 5th Street 2805?

398 NE 5th Street 2805 is listed at $699,000, which is about $1,581 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 398 NE 5th Street 2805?

The listing reports an association fee of $680 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 398 NE 5th Street 2805?

The listing reports annual property taxes of $10,703 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 398 NE 5th Street 2805 built?

398 NE 5th Street 2805 was built in 2022 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 398 NE 5th Street 2805 been on the market?

398 NE 5th Street 2805 has been listed for 13 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 398 NE 5th Street 2805 waterfront?

Yes. The listing describes the water as other bayfront intracoastal. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 398 NE 5th Street 2805?

The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

398 NE 5th Street 2805, Miami, FL 33132

$699,000 · Active

1 bed
1 bath
442 sq ft
Condominium
Built 2022
New Construction
HOA $680/mo
1 garage space
Miami-Dade County
MLS# A12103466
Map Of Miami Dade Co. Fl.

Photo 1 at 398 NE 5th Street 2805, Miami

Photo 2 at 398 NE 5th Street 2805, Miami

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Photo 8 at 398 NE 5th Street 2805, Miami

About this home

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

Features

Bar
Elevator
Other
Other
Bayfront
Intracoastal

Schools

Elementary: Frederick Douglass
Middle: Jose De Diego
High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Cays LLC · selda@cays.com · Listing agent: Handan Gucyilmaz Gunay

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 398 NE 5th Street 2805.

Questions About 398 NE 5th Street 2805

How much is 398 NE 5th Street 2805?: 398 NE 5th Street 2805 is listed at $699,000, which is about $1,581 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 398 NE 5th Street 2805?: The listing reports an association fee of $680 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 398 NE 5th Street 2805?: The listing reports annual property taxes of $10,703 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 398 NE 5th Street 2805 built?: 398 NE 5th Street 2805 was built in 2022 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 398 NE 5th Street 2805 been on the market?: 398 NE 5th Street 2805 has been listed for 13 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 398 NE 5th Street 2805 waterfront?: Yes. The listing describes the water as other bayfront intracoastal. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 398 NE 5th Street 2805?: The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 1 bedroom condo at 851 NE 1st Avenue 3502, Miami, FL 33132 is comparable and listed for sale at $679,999. Another comparable condo, 2333 Brickell Avenue PH207, Miami, FL 33129, sold for $640,000 in October 2026. Miami neighborhoods include Kings Creek and Calusa. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Coconut Grove. Compare it with the Miami housing market report.