398 NE 5th Street 3508, Miami, FL 33132

$724,000 · Active

  • 0 beds
  • 1 bath
  • 430 sq ft
  • Condominium
  • Built 2022
  • HOA $455/mo
  • 1 garage space
  • Miami-Dade County
  • MLS# A12105255
  • Map Of Miami Dade Co. Fl.
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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.

Features

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Piquet Realty · miami@piquetrealty.com · Listing agent: Gabriel O Miranda

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Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 398 NE 5th Street 3508.

Questions About 398 NE 5th Street 3508

How much is 398 NE 5th Street 3508?
398 NE 5th Street 3508 is listed at $724,000, which is about $1,684 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 3508?
The listing reports an association fee of $455 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 3508?
The listing reports annual property taxes of $11,136 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 3508 built?
398 NE 5th Street 3508 was built in 2022 and the listing describes its condition as resale. 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 3508 been on the market?
398 NE 5th Street 3508 has been listed for 1 day. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 398 NE 5th Street 3508 waterfront?
Yes. The listing describes the water as other bayfront. 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 3508?
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 3506, Miami, FL 33132 is comparable and listed for sale at $725,000. Another comparable condo, 2475 Brickell Avenue 1907, Miami, FL 33129, sold for $700,000 in October 2026. Miami neighborhoods include Flagami and Westchester. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Fisher Island, and Miami Beach. Compare it with the Miami housing market report.