398 Northeast 5th Street presents a range of appealing features, including floor-to-ceiling windows, a fully equipped kitchen, and valet parking. The property is pet-friendly and includes a washer and dryer, adding to its convenience. With 64 photos available, prospective renters can easily visualize the living space and its amenities.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Zumper Expert Rating
9.6
Excellent
Earning an outstanding 9.6 out of 10 overall rating, 398 Northeast 5th Street is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
Things you’ll love
More space
Less expensive
Elevator
Great for
Social life
Wellness
Pet owners
Floor plans
Studio
Studio
3 bath
1,248 sqft
$11,592 /mo
Feel at home in this bright, modern 3-bedroom apartment at The Elser, a resort-style tower in Downtown Miami. This apartment offers 1254 sq ft /116.5 m² of open, well-designed space.
This apartment is perfect for couples, friends, families, or work trips, comfortably hosting up to 8 guests. It features a fully equipped kitchen, a living room, a washer and dryer in unit, and fast Wi-Fi. Enjoy breathtaking views from the spacious balcony. There are also 3 full bathrooms.
Valet parking is available for $75 per night with in and out privileges. Self-parking is available across the street for $45 per night. This apartment is pet-friendly for $150 plus tax. A pack and play and high chair are available upon request.
You’re in one of the most walkable pockets of Miami, steps from Kaseya Center, Bayside, Bayfront Park, and the waterfront. Kaseya Center is across the street, and Bayfront Park and the marina are a quick stroll away. Bayside Marketplace brings live music, casual bites and boat tours. Take the free Metromover nearby to explore Brickell. For beach days or exploring Wynwood or Midtown, it’s a quick 10–15 minute ride.
Smoking, vaping, marijuana, or illegal drug use is strictly prohibited inside the unit and building, and evidence of violation may result in a minimum $500 remediation fee, plus any additional cleaning or damage costs. Hair dyeing, bleaching, or use of staining substances is prohibited inside the unit, and any resulting damage will be charged to the guest. Parties, events, gatherings, or excessive noise are strictly prohibited, and any disturbance may result in immediate eviction without refund.
1 bed
1 bed
1 bath
452 sqft
$4,417 /mo
Welcome to your new studio at The Elser, a modern, resort-style tower in the heart of Downtown Miami. Feel at home in this bright space with floor-to-ceiling windows overlooking the city and bay.
This studio is perfect for couples, solo travelers, or up to four guests. It features a king-size bed and a sofa bed with hotel-quality linens, a fully equipped kitchen, a washer and dryer, fast Wi-Fi, and a luxury bathroom.
Valet parking is available for $75 per night with in and out privileges, and self-parking is available across the street for $45 per night. This apartment is pet-friendly for a fee of $150 plus tax. A pack and play and high chair are available upon request.
You're in one of Miami's most walkable areas, steps from Kaseya Center, Bayside, Bayfront Park, and the waterfront. Enjoy morning coffee, waterfront walks, and dinner with city views. Kaseya Center is across the street, and Bayfront Park and the marina are a quick stroll away. Bayside Marketplace offers live music, casual bites, and boat tours. Take the free Metromover nearby to explore Brickell. For beach days or exploring Wynwood or Midtown, it’s a quick 10–15 minute ride.
Smoking, vaping, marijuana, or illegal drug use is strictly prohibited inside the unit and building. Evidence of violation may result in a minimum $500 remediation fee, plus any additional cleaning or damage costs. Hair dyeing, bleaching, or use of staining substances is prohibited inside the unit, and any resulting damage will be charged to the guest.
2 bed
2 bed
3 bath
1,248 sqft
$11,534 /mo
Feel at home in this bright, modern 2-bedroom apartment at The Elser, a resort-style tower in the heart of Downtown Miami. This apartment offers 1254 sq ft /116.5 m² of open, well-designed space with a spacious balcony and floor-to-ceiling windows overlooking the city and bay.
This apartment features a fully equipped kitchen, a living room, a washer and dryer, and fast Wi-Fi. Hotel-quality linens are provided for the 1 king-size bed, 1 queen-size bed and 2 sofa beds. There are also 3 full bathrooms.
Valet parking is available for $75 per night with in and out privileges. Self-parking is available across the street for $45 per night. This apartment is pet-friendly for a fee of $150 plus tax. A pack and play and high chair are available upon request.
You're in one of Miami's most walkable areas, steps from Kaseya Center, Bayside, Bayfront Park, and the waterfront. Kaseya Center is across the street, and Bayfront Park and the marina are a quick stroll away. Bayside Marketplace is also super close and convenient. Take the free Metromover nearby to explore Brickell. For beach days or exploring Wynwood or Midtown, it’s a quick 10–15 minute ride.
Parties, events, gatherings, or excessive noise are strictly prohibited, and any disturbance may result in immediate eviction without refund. Smoking, vaping, marijuana, or illegal drug use is strictly prohibited inside the unit and building, and evidence of violation may result in a minimum $500 remediation fee, plus any additional cleaning or damage costs. Hair dyeing, bleaching, or use of staining substances is prohibited inside the unit, and any resulting damage will be charged to the guest. Dogs and cats only are allowed, with prior written approval, a maximum of one pet per unit, and a maximum weight of 75 lbs. Guests are responsible for pet waste, damages, odors, and disturbances.
3 bed
3 bed
3 bath
1,528 sqft
$12,103 /mo
Welcome to your new 3-bedroom apartment at The Elser, a modern, resort-style tower in the heart of Downtown Miami. Feel at home in this calm, private space, steps from Kaseya Center, Bayside, Bayfront Park, and the waterfront.
This bright, modern apartment offers 1533 sq ft /142.4 m² of open, well-designed space to relax and enjoy. It features a fully equipped kitchen, a living room, a washer and dryer, fast Wi-Fi, and 3 full bathrooms.
Valet parking is available for $75/night (in and out privileges), and self-parking across the street is available for $45/night. This apartment is pet-friendly for a fee of $150 plus tax. A pack and play and high chair are available upon request.
You’re in one of the most walkable pockets of Miami, where you can step outside and actually be somewhere in minutes. Kaseya Center is across the street, and Bayfront Park and the marina are a quick stroll away. Bayside Marketplace brings live music, casual bites and boat tours. Take the free Metromover nearby to explore Brickell without needing a car. For beach days or exploring Wynwood or Midtown, it’s a quick 10–15 minute ride.
Smoking, vaping, marijuana, or illegal drug use is strictly prohibited inside the unit and building, and evidence of violation may result in a minimum $500 remediation fee, plus any additional cleaning or damage costs. Hair dyeing, bleaching, or use of staining substances is prohibited inside the unit, and any resulting damage will be charged to the guest. Parties, events, gatherings, or excessive noise are strictly prohibited, and any disturbance may result in immediate eviction without refund.
Let's explore this property.
Amenities for 398 Northeast 5th Street
Apartment Amenities
Air Conditioning
Balcony
Fully Equipped Kitchen
Furnished
Hanger
Kettle
Linen Towel
Private Entrance
Shampoo
Toaster
TV
View
Appliances
Blender
Coffee Machine
Dishwasher
Hair Dryer
In-Unit Laundry
Iron
Microwave
Oven
Refrigerator
Stove
Tech
WFH Bundle
WiFi
Building
Cats OK
Dogs OK
Elevator
Smoke Detector
Grounds
Jacuzzi
Outdoor Shared Pool
Swimming Pool
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
We offer custom pricing for any duration. Rates may vary upon exact move in and move out dates. Please visit our website and enter your dates of stay to see up-to-date pricing for your specific booking.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.6
/10
Excellent
Earning an outstanding 9.6 out of 10 overall rating, 398 Northeast 5th Street is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated 398 Northeast 5th Street
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
398 Northeast 5th Street stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
398 Northeast 5th Street stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed, furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
398 Northeast 5th Street offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
398 Northeast 5th Street has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at 398 Northeast 5th Street.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
398 Northeast 5th Street has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.
398 Northeast 5th Street is great for:
Social life
721 restaurants within 1 mile of this property
This community has public spaces on site, like fitness centers or pools
Area has 83 parks and recreation options
1061 mixed-use spaces nearby
Wellness
Ample windows and natural lighting
HVAC systems available onsite
21 farmers markets or health food stores nearby
On-site pool or spa
Pet owners
Outdoor spaces are available at this property
24 pet supply stores near the property
6 pet grooming services nearby
2 dog parks within 1 mile
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.
How 398 Northeast 5th Street compares to other nearby properties.
Positives
More space
The 2-bedroom is 202 sqft larger than other listings nearby
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Pet friendly
This property allows pets
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Rent trends in Downtown Miami
Studio apartments at 398 Northeast 5th Street cost about 364% more than the average rent price for studios in Downtown Miami.
1-bedroom apartments here are priced 50% higher than 1-bedrooms in Downtown Miami.
If you decide to upgrade your space, you can expect 2-bedrooms at 398 Northeast 5th Street to be 188% more than the average for similarly sized apartments in Downtown Miami.
3-bedroom apartments at 398 Northeast 5th Street cost about 61% more than the average rent price for 3-bedroom apartments in Downtown Miami.
Median rents as of Jan 24 2026.
Downtown Miami
Miami
A table of studio rental data trends in Miami
Month
Median Rent
February 2024
$2,102
March 2024
$2,131
April 2024
$2,180
May 2024
$2,093
June 2024
$2,139
July 2024
$2,100
August 2024
$2,136
September 2024
$2,175
October 2024
$2,112
November 2024
$2,253
December 2024
$2,265
January 2025
$2,125
February 2025
$2,000
March 2025
$2,033
April 2025
$2,037
May 2025
$2,126
June 2025
$2,193
July 2025
$2,158
August 2025
$2,140
September 2025
$2,121
October 2025
$2,099
November 2025
$2,104
December 2025
$2,052
January 2026
$2,019
A table of studio rental data trends in Downtown Miami
Month
Median Rent
February 2024
$2,500
March 2024
$2,570
April 2024
$2,697
May 2024
$2,708
June 2024
$2,658
July 2024
$2,641
August 2024
$2,649
September 2024
$2,720
October 2024
$2,700
November 2024
$2,725
December 2024
$2,443
January 2025
$2,378
February 2025
$2,306
March 2025
$2,380
April 2025
$2,400
May 2025
$2,437
June 2025
$2,513
July 2025
$2,540
August 2025
$2,487
September 2025
$2,450
October 2025
$2,478
November 2025
$2,500
December 2025
$2,500
January 2026
$2,507
Affordability calculator
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Bedrooms
Rent-to-income ratio
30%
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