398 NE 5th St # 2205, Miami, FL 33132

About 398 NE 5th St # 2205, Miami, FL 33132

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.

How This Listing Compares in Miami

Per square foot, it is asking 298% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 398 NE 5th St # 2205, Miami, FL 33132

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Lobby, Built-in Features, Vaulted Ceiling(s), Walk-In Closet(s)

Appliances

Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer

Flooring

Tile

Heating

Central

Cooling

Central Air

Furnished

Furnished

Architectural Style

High Rise

Garage Spaces

0

Parking Features

Valet, No Rv/Boats, No Trucks/Trailers

Pool Private

No

Year Built Details

Resale

The Building at 398 NE 5th St # 2205, Miami, FL 33132

Building Name

The Elser

Building Area Total

442

Building Area Units

Square Feet

Stories Total

49

Entry Level

22

Association

Yes

Association Fee

$680

Association Fee Frequency

Monthly

Association Amenities

Barbecue, Business Center, Clubhouse-Clubroom, Exercise Room, Pool

Pets Allowed

Restrictions Or Possible Restrictions

Security Features

Fire Alarm, Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured

Lot, Views & Construction at 398 NE 5th St # 2205, Miami, FL 33132

Lot Size Square Feet

0

Waterfront

Yes

View

Bay

Construction Materials

Concrete Block Construction, CBS Construction

Exterior Features

Open Balcony

New Construction

No

Taxes & Public Record for 398 NE 5th St # 2205, Miami, FL 33132

Parcel Number

01-41-37-078-1450

Tax Annual Amount

$10,703

Tax Year

2,025

Tax Legal Description

398 NE 5TH STREET CONDO UNIT 2205 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520

County Or Parish

Miami-Dade County

Map & Neighborhood