398 NE 5th Street 4207, Miami, FL 33132

$585,000 · Closed

  • 0 beds
  • 1 bath
  • 442 sq ft
  • Condominium
  • Built 2022
  • HOA $679/mo
  • 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

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. · Listing agent: Claudia A Montenegro

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 398 NE 5th Street 4207.

Questions About 398 NE 5th Street 4207

How much is 398 NE 5th Street 4207?
398 NE 5th Street 4207 is listed at $585,000, which is about $1,324 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 4207?
The listing reports an association fee of $679 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 4207?
The listing reports annual property taxes of $11,772 for 2024. 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 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 has 398 NE 5th Street 4207 been on the market?
398 NE 5th Street 4207 has been listed for 405 days, and the asking price has been reduced from $600,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 398 NE 5th Street 4207 waterfront?
Yes. The listing describes the water as none bayfront intracoastal ocean front. 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 4207?
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 121 NE 5th Street 3006, Miami, FL 33132 is comparable and listed for sale at $570,000. Another comparable condo, 1600 NE 1st Avenue 1008, Miami, FL 33132, sold for $481,000 in September 2026. Other Miami neighborhoods include Calusa and Kendale Lakes. 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.