2 months on rocket

398 NE 5th St Unit 2602, Miami, FL, 33132

$715,000

Home List Price

$8,491*

Closing Credit

1 Bedroom
1 Full Bath
508 SqFt
$1,407/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

398 NE 5th St Unit 2602, Miami$715,000

Buyer Closing Credits

$8,491*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOne Space
Garage1 space
Year Built2022
HeatingCentral
CoolingCentral Air
WaterfrontBay Front, Ocean Front
ViewBay, Ocean, Water
MLS #A11672798
StatusActive

About 398 NE 5th St Unit 2602

3 years of HOA FREE and $7500 chase grant eligible! Own a part of Miami World center with one of the few buildings downtown that allows daily short term or long term rentals! This turn-key gem, has direct water views and comes furnished. Enjoy luxurious features like 9+ floor-to-ceiling windows, porcelain wood-grain tile flooring, and quartz countertops. The kitchen boasts Italkraft cabinets, with fully built-out cabinets. This fully furnished residence features a private balcony overlooking Biscayne Bay, modern bathrooms with frameless glass showers, benefit from an in-unit washer/dryer, large walk-in closets, a smart thermostat & keyless entry. Exclusive amenities include a 132-foot resort-style pool, lounge with LED wall, a sky lounge, and gym

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2022
  • Living Area: 508 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Lafrance Louis

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Built-in Features, Closet Cabinetry, Eat-in Kitchen, First Floor Entry, Elevator, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Ocean Front
  • View: Bay, Ocean, Water
  • Exterior: Balcony, Barbecue, Courtyard, Security/High Impact Doors

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 398 NE 5th St Unit 2602
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $715,000
  • Price Per SqFt: $1,407/SqFt

HOA Fees:

  • Amount: $500
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Miami, FL.

Map thumbnail provided by MapBox

Miami, FL

City

Med. Sold Price

$570.6K

Med. Price/SqFt

$392

Avg. Days On Market

68

# of Sold Homes

699

398 NE 5th St Unit 2602 vs Miami

85 DAYS ON ROCKET

+17 Days

$715,000

+$144.3K More

$1,407/SqFt

+$1K More

KEY TAKEAWAY

This property is $144.3K more than the Median Sold Price and $1K/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11672798

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Lafrance Louis

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,136

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,210

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-21830
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.63 miles

  • Public Charter Grades KG-6

school-card-donut-21831
3
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-21832
9
/10

  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 0.90 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,792. The majority of Miami, FL residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 398 NE 5th St Unit 2602

What is the listing price of this property?

The listing price of 398 NE 5th St Unit 2602 property is $715,000.

What type of property is this?

The property 398 NE 5th St Unit 2602 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 398 NE 5th St Unit 2602 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 398 NE 5th St Unit 2602 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 398 NE 5th St Unit 2602 is 508 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 NE 5th St Unit 2602 is 2022.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›398 NE 5th St Unit 2602

This home is located at 398 NE 5th St Unit 2602 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 508 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $715,000.

Miami, FL housing market in December 2024 saw over 42 listings sold above listed price, more than 95 sold at listed price and over 562 sold below. The inventory of homes for sale in Miami, FL between November 2024 and December 2024 increased by 6.9%. Listings spent 68 days on the market in December 2024, and had a median list price of $570,654 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources