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398 NE 5th St # 4207, Miami FL 33132

Condo/Co-op For Sale
$585,000

BTC: 9.26365796

ETH: 366.84245841

-$15K (2026/05/18)
370 days
Waterfront
1 ba
442 sqft

Overview

The best investments begin with vision. One of the best-priced residences at The Elser , this fully furnished turnkey residence is professionally managed for short-term rentals, offering a seamless ownership experience in the heart of Downtown Miami. Ideally positioned along Biscayne Boulevard , adjacent to the iconic Waldorf Astoria Residences Miami and surrounded by transformative developments including Miami Worldcenter , Brightline, Kaseya Center and Bayside. Perfectly situated within one of Miami's most prestigious luxury growth corridors, this residence presents an exceptional opportunity to enjoy today while investing in tomorrow.

Location

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

Details

Type:
Residential
Parking:
1 Space / Additional Spaces Available
Year Built:
2022
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,324
Cooling:
Central Air
HOA:
$679

Valuation

Our model vs. what's actually selling nearby.
Estimate
$469,000
$386K – $679K
Confidence Low
List vs. estimate
$116K above estimate
List $585,000 · +24.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,323
+136.9% vs. city median $558
Based on
205 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $522K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,772
2024
HOA
$679/mo
Pool
Private
View
Bay, Intracoastal View
Waterfront
Intracoastal Front, Ocean Front
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    Other interior features

    • Lobby

    • First Floor Entry

    • Elevator

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Additional Spaces Available

    Property

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-2330

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $679

    • HOA Frequency: Monthly

    • Annual tax amount: $11,772

  • Source details

    • MLS ID: A11829784

    Other facts

    • Patio And Porch Features: Open Balcony

    • 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.
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
763
median $645K
Active
Same city
Miami
12,237
median $635K
Active
Same type
Condo/Co-op
6,469
median $495K
Active
Similar price
$409K – $760K
3,990
median $560K
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: Related General Realty, LLC.