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398 NE 5th St # 1407, Miami FL 33132

Condo/Co-op For Sale
$795,000

BTC: 12.38518196

ETH: 450.95125189

40 days
1 bds
1 ba
442 sqft

Overview

Luxury Living in the Heart of Downtown Miami. Experience the pinnacle of urban living in this stunning, fully furnished studio located at The Elser Hotel & Residences. Boasting breathtaking, unobstructed views of Biscayne Bay and the Miami skyline, this turnkey residence offers a seamless blend of comfort and style. Enjoy world-class, resort-style amenities, including a massive sun deck with a shimmering pool, an outdoor theater, a state-of-the-art fitness center, and 24/7 concierge services. Perfectly positioned across from Bayfront Park and steps away from the Kaseya center, luxury dining, and vibrant nightlife. Move-in ready or perfect as a high-end short-term rental investment.

Location

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

Details

Type:
Residential
Parking:
1 Space / Valet / Limited # Of Vehicle
Year Built:
2022
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,799
Cooling:
Central Air / Electric
HOA:
$494

Valuation

Our model vs. what's actually selling nearby.
Estimate
$475,000
$389K – $686K
Confidence Low
List vs. estimate
$320K above estimate
List $795,000 · +67.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,798
+221.0% vs. city median $560
Based on
194 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $509K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,820
2025
HOA
$494/mo
View
Ocean View, Skyline
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Lobby

    • Fire Sprinklers

    • Other

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Valet

    • Limited # Of Vehicle

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-2050

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $494

    • HOA Frequency: Monthly

    • Annual tax amount: $10,820

  • Source details

    • MLS ID: A12018690

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 442

    • Subdivision Name: MAP OF MIAMI DADE CO. FL.

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
744
median $637K
Active
Same city
Miami
12,367
median $640K
Active
Same type
Condo/Co-op
6,511
median $495K
Active
Similar price
$556K – $1.0M
3,418
median $720K
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: Coldwell Banker Realty