For sale Condo

Listed Oct 8, 2026

$699,000 Est. $4,623/mo

398 Northeast 5th Street Unit 2805

  • 1

    Beds

  • 1

    Baths

  • 442

    Sq ft

The story

  • Waterfront

Unit UNIT 2805 at 398 Northeast 5th Street is a 1-bedroom, 1-bathroom condo in Miami, FL with 442 sq ft of living space and 1 garage space, built in 2022. It is currently listed at $699,000, with a monthly HOA fee of $680. Highlights include a waterfront setting and water views.

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

Facts & features

Home type

Condo

Year built

2022

Floors

49

Price per sq ft

$1,581

HOA

$680 / monthly

Parking

1-car garage

Included features

  • Heating

    Electric

  • Appliances

    Dryer, Dishwasher, Disposal

  • Flooring

    Ceramic Tile

  • View

    Water

Mortgage calculator

Estimated monthly payment

$4,623 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,720
  • Property tax $699
  • Insurance $204

Includes principal, interest, taxes & insurance.

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Listing Broker

Cays LLC

Broker Name

Cays LLC

Agent

Handan Gucyilmaz Gunay

Location

North Miami FL 33181