What did 398 NE 5th Street 4207 sell for?

398 NE 5th Street 4207 sold for $540,000 on Aug 24, 2026, about 92.3% of its last asking price of $585,000 and about $1,222 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the association fees at 398 NE 5th Street 4207?

The listing reported an association fee of $679 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.

What are the property taxes on 398 NE 5th Street 4207?

The listing reported annual property taxes of $11,772 for 2024. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 398 NE 5th Street 4207 built?

398 NE 5th Street 4207 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 was 398 NE 5th Street 4207 on the market?

398 NE 5th Street 4207 was on the market for 405 days before it sold, after the asking price was reduced from $600,000 to $585,000.

Is 398 NE 5th Street 4207 waterfront?

Yes. The listing described the water as none bayfront intracoastal ocean front.

Is 398 NE 5th Street 4207 still for sale?

No. 398 NE 5th Street 4207 sold on Aug 24, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

398 NE 5th Street 4207, Miami, FL 33132

Sold $540,000 · Aug 24, 2026

Last asking price $585,000 · 92.3% of asking · 405 days on market

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0 beds
1 bath
442 sq ft
Condominium
Built 2022
New Construction
HOA $679/mo
1 garage space
Miami-Dade County
MLS# A11829784
Map Of Miami Dade Co. Fl.

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About this home

The best investments begin with vision. One of the best-priced residences at The Elser , this fully furnished turnkey residence is professionally managed for short-term rentals, offering a seamless ownership experience in the heart of Downtown Miami. Ideally positioned along Biscayne Boulevard , adjacent to the iconic Waldorf Astoria Residences Miami and surrounded by transformative developments including Miami Worldcenter , Brightline, Kaseya Center and Bayside. Perfectly situated within one of Miami's most prestigious luxury growth corridors, this residence presents an exceptional opportunity to enjoy today while investing in tomorrow.

Features

Elevator
Balcony
Bayfront
Intracoastal
Ocean Front
Private

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Related General Realty, LLC. · cstudnicky@related-realty.com · Listing agent: Claudia A Montenegro

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.

Thinking of Selling Nearby?

398 NE 5th Street 4207 sold on Aug 24, 2026. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home in Downtown Miami with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Miami. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 398 NE 5th Street 4207

What did 398 NE 5th Street 4207 sell for?: 398 NE 5th Street 4207 sold for $540,000 on Aug 24, 2026, about 92.3% of its last asking price of $585,000 and about $1,222 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 398 NE 5th Street 4207?: The listing reported an association fee of $679 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 398 NE 5th Street 4207?: The listing reported annual property taxes of $11,772 for 2024. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 398 NE 5th Street 4207 built?: 398 NE 5th Street 4207 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 was 398 NE 5th Street 4207 on the market?: 398 NE 5th Street 4207 was on the market for 405 days before it sold, after the asking price was reduced from $600,000 to $585,000.
Is 398 NE 5th Street 4207 waterfront?: Yes. The listing described the water as none bayfront intracoastal ocean front.
Is 398 NE 5th Street 4207 still for sale?: No. 398 NE 5th Street 4207 sold on Aug 24, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable condo, 601 NE 23 Street 1103, Miami, FL 33137, sold for $550,000 in November 2026. Other Miami neighborhoods include Kings Creek and Calusa. 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.