398 NE 5th St # 4001, Miami FL 33132, Miami
$7,500
Miami, FL, 33132












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, Miami — for 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
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