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398 NE 5TH # 4118, Miami FL 33132

Condo/Co-op For Sale
$1,399,000

BTC: 17.75380711

ETH: 571.25357289

New
Waterfront
3 bds
3 ba

Overview

Fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, with daily rentals permitted. Featuring floor-to-ceiling impact windows, modern open-concept design, and stunning Biscayne Bay and Miami skyline views. Turnkey and ideal for personal use or income generation. Enjoy resort-style amenities including rooftop pool, fitness center, 24-hour concierge, valet, and more, just steps from Bayfront Park, dining, entertainment, and the waterfront.

Location

Florida • Miami • 33132 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
1 Space / Other
Year Built:
2022
Lot:
No Data
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air
HOA:
$1,716

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,250,000
$657K – $5.6M
Confidence Low
List vs. estimate
$149K above estimate
List $1,399,000 · +11.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
69 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $628K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$23,345
2025
HOA
$1,716/mo
View
Bay, Water View
Waterfront
Yes
All facts and features

  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Interior Hall

    • Lobby

    • Built-in Features

    • Closet Cabinetry

    • Fire Sprinklers

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • 1 Space

    • Other

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-6060

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,716

    • HOA Frequency: Monthly

    • Annual tax amount: $23,345

  • Source details

    • MLS ID: A12077007

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Complete Impact Glass

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Subdivision Name: The Elser Residences

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33132
810
median $627K
Active
Same city
Miami
12,488
median $640K
Active
Same type
Condo/Co-op
6,543
median $495K
Active
Similar price
$979K – $1.8M
1,760
median $1.3M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP Realty LLC