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398 NE 5th St # 3508, Miami FL 33132

Condo/Co-op For Sale
$724,000

BTC: 8.72289157

ETH: 297.69736842

New
Waterfront
1 ba
430 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
2022
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,684
Cooling:
Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$466,500
$376K – $699K
Confidence Low
List vs. estimate
$257K above estimate
List $724,000 · +55.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,683
+193.8% vs. city median $573
Based on
42 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $12.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,136
2025
View
Bay
Waterfront
Yes
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Other Equipment/Appliances

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Other Property Information

    • Parcel Number: 01-41-37-078-2600

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $11,136

  • Source details

    • MLS ID: A12105255

    Other facts

    • Construction Materials: Concrete Block Construction

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 430

    • Subdivision Name: MAP OF MIAMI DADE CO. FL.

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Piquet Realty