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398 NE 5th St # 3515, Miami FL 33132

Condo/Co-op For Sale
$870,000

BTC: 10.28125739

ETH: 328.30188679

-$40K (2026/01/08)
307 days
1 bds
1 ba
560 sqft

Overview

Beautiful residence at The Elser in Downtown Miami. Investor-friendly building with flexible rental options. Modern unit featuring high-end finishes and great natural light. Enjoy premium amenities including a full gym, resort-style pool, sauna, and 24/7 concierge. Excellent opportunity in one of Miami’s most desirable downtown buildings. HOA requirements and information are subject to change. Tenant and Tenant’s Agent are encouraged to independently verify all current requirements directly with the Association.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
2022
Lot:
No Data
Heating:
Central
Price/sqft:
$1,554
Cooling:
Central Air
HOA:
$2,583

Valuation

Our model vs. what's actually selling nearby.
Estimate
$530,000
$400K – $699K
Confidence Low
List vs. estimate
$340K above estimate
List $870,000 · +64.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,553
+172.9% vs. city median $569
Based on
223 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
$11,288
2024
HOA
$2,583/qtr
View
Bay
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Washer

    Other interior features

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-4980

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $2,583

    • HOA Frequency: Quarterly

    • Annual tax amount: $11,288

  • Source details

    • MLS ID: A11920965

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 560

    • 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.
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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: EXP Realty LLC