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398 NE 5th St # 3207, Miami FL 33132

Condo/Co-op For Sale
$720,000

BTC: 11.21676857

ETH: 408.40868095

140 days
Waterfront
1 ba
442 sqft

Overview

High-floor, fully furnished studio at The Elser Hotel & Residences showcasing panoramic skyline and Biscayne Bay views. Sleek open layout with wood-look porcelain flooring, floor-to-ceiling glass, and a private balcony. Turnkey and rental-ready with daily rentals permitted and no minimum lease—ideal for income-producing ownership or flexible luxury living. Full-service condo-hotel offering a 24/7 front desk, resort-style amenities, and a prime Downtown Miami location near Miami Worldcenter, dining, and entertainment.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
2022
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,629
Cooling:
Central Air / Electric
HOA:
$680

Valuation

Our model vs. what's actually selling nearby.
Estimate
$475,000
$389K – $686K
Confidence Low
List vs. estimate
$245K above estimate
List $720,000 · +51.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,628
+190.7% 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
$11,038
2024
HOA
$680/mo
View
Bay, Ocean View
Waterfront
Yes
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Refrigerator

    Other interior features

    • Built-in Features

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-2230

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $680

    • HOA Frequency: Monthly

    • Annual tax amount: $11,038

  • Source details

    • MLS ID: A11949064

    Other facts

    • Construction Materials: Concrete Block With Brick / CBS Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Waterfront: Yes

    • 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.
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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: BM2 Realty