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398 NE 5th St # 2314, Miami FL 33132

Condo/Co-op For Sale
$890,000

BTC: 11.19496855

ETH: 365.95394737

1 days
Waterfront
1 bds
2 ba
665 sqft

Overview

THE ONLY 1 BEDROOM AVAILABLE WITH 2 FULL BATHROOMS AT THE ELSER RESIDENCES IN DOWNTOWN MIAMI. THE LARGEST 1 BEDROOM LINE IN THE BUILDING. Exceptional opportunity to own a direct OCEAN VIEW residence, the only line in the building offering this layout. DAILY RENTALS LIKE AIRBNB ARE PERMITTED, making this residence ideal for short-term rental investors, Floor-to-ceiling glass opens to a spacious balcony accessible from both the living room and the bedroom, maximizing light, views, and indoor-outdoor living. as well as second- home buyers seeking flexibility and income potential. Offered fully furnished and fully equipped, ready for immediate use or rental. Located in a full-service, hotel-managed luxury building, owners and guests enjoy resort- style amenities including 24/7 concierge, valet, professional management, rooftop pool with panoramic views, fitness center, spa-inspired amenities, and on-site dining and lounge areas. Prime Downtown location steps from Bayside, Bayfront Park, Miami Worldcenter, Brickell, and major cultural and entertainment venues. Easy access to Miami Beach, the airport, and highways. THE ONLY 1 BEDROOM AVAILABLE WITH 2 FULL BATHROOMS AT THE ELSER RESIDENCES IN DOWNTOWN MIAMI. THE LARGEST 1 BEDROOM LINE IN THE BUILDING.

Location

Details

Type:
Residential
Parking:
1 Space / Covered / Valet
Year Built:
2022
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,338
Cooling:
Central Air / Electric
HOA:
$1,023

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,250
$454K – $934K
Confidence Low
List vs. estimate
$290K above estimate
List $890,000 · +48.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,338
+135.8% vs. city median $567
Based on
44 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $12.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,318
2025
HOA
$1,023/mo
View
Bay, Ocean View
Waterfront
Yes
Garage
1 car garage
Furnished
Furnished
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    Other interior features

    • Closet Cabinetry

    • Elevator

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Covered

    • Valet

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-4520

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,023

    • HOA Frequency: Monthly

    • Annual tax amount: $14,318

  • Source details

    • MLS ID: A12112392

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Washer/Dryer Hook-Up

    • Patio And Porch Features: Deck / Open Balcony

    • Window Features: Complete Impact Glass / Blinds

    • Direction Faces: Southeast

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 665

    • Subdivision Name: THE ELSER RESIDENCES

Private inquiry
Talk to the advisor on this listing.
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Market around this address

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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: Avanti Way Brickell