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398 NE 5th St # 4001, Miami FL 33132, Miami

$7,500

Miami, FL, 33132

398 NE 5th St # 4001, Miami FL 33132 — photo 1
398 NE 5th St # 4001, Miami FL 33132 — photo 2398 NE 5th St # 4001, Miami FL 33132 — photo 3398 NE 5th St # 4001, Miami FL 33132 — photo 4398 NE 5th St # 4001, Miami FL 33132 — photo 5398 NE 5th St # 4001, Miami FL 33132 — photo 6398 NE 5th St # 4001, Miami FL 33132 — photo 7398 NE 5th St # 4001, Miami FL 33132 — photo 8398 NE 5th St # 4001, Miami FL 33132 — photo 9398 NE 5th St # 4001, Miami FL 33132 — photo 10398 NE 5th St # 4001, Miami FL 33132 — photo 11398 NE 5th St # 4001, Miami FL 33132 — photo 12

Property details

Bedrooms
3
Bathrooms
3
Living area
1,150 sqft
Year built
2022
Type
Condominium
Days on market
0
MLS #
A12040030

Listing courtesy of Sigma Real Estate & Investment · rfayad@riadfayad.com. Listing agent: Riad Fayad. MLS data last updated 2026-06-19.

Description

Luxury seasonal rental in the heart of Downtown Miami. This fully furnished 3-bedroom, 3-bathroom residence offers a desirable layout, located on the 40th floor with one of the best views in Downtown. Floor-to-ceiling windows showcase stunning Biscayne Bay and skyline views, creating a bright and sophisticated retreat. Features include tall ceilings, smart keyless entry, an Ecobee thermostat, and sleek contemporary finishes. Enjoy resort-style amenities including a pool deck and fitness center, steps from world-class dining, nightlife, and entertainment. Text Listing agent for showings

398 NE 5th St # 4001, Miami FL 33132, Miamifor rent, listed for $7,500 (3 bed, 3 bath, 1,150 sqft).

54 3-bed rentals in 33132 · median $8,000.

Run the numbers

Availability in The Elser

86 listings are currently active in this building across 75 distinct units (39 × 1-bed, 10 × 2-bed, 19 × 3-bed, 18 × studio).

n=86 · 2026-07-28 · Methodology

Price-reduction climate

32% of 54 active 3-bed rentals in 33132 are listed below their original asking price.

n=54 · 2026-07-28 · Methodology

Current market segment

Right now: 54 active 3-bed rentals in 33132, median asking price $8,000, median $5/sqft.

n=54 · 2026-07-28 · Methodology

ZIP vs city price level

Active listings like this in ZIP 33132 show a median asking $5/sqft — 92% above the Miami median asking of $3/sqft.

n=54 · 2026-07-28 · Methodology

Closest-priced alternatives

The 4 active listings closest in price within the same market segment:

Browse this price segment

n=993 · 2026-07-28 · Methodology

Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · Methodology

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.