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398 NE 5th St # 4719, Miami FL 33132

Condo/Co-op For Sale
$1,139,000

BTC: 17.90880503

ETH: 598.64188706

24 days
Waterfront
1 bds
1 ba
626 sqft

Overview

Experience flexible Downtown Miami ownership at The Elser Hotel & Residences, a condo-hotel offering a unique blend of personal use and income-producing potential. This residence may be used by the owner as a full-time or part-time home, while also allowing short-term rental flexibility when the owner is away. This structure allows buyers to enjoy a prime Miami lifestyle while having the option to manage rentals independently and maximize the property’s use when not personally occupied. Located in the heart of Downtown Miami, The Elser offers access to world-class dining, entertainment, waterfront attractions, Brickell, Bayside, Kaseya Center, and Miami’s vibrant urban lifestyle—making it an attractive option for personal enjoyment, short-term rental flexibility, and long-term ownership strategy.

Location

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

Details

Type:
Residential
Parking:
1 Space / Valet / Limited # Of Vehicle / No Rv/Boats / No Trucks/Trailers
Year Built:
2022
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,819
Cooling:
Central Air / Electric
HOA:
$900

Valuation

Our model vs. what's actually selling nearby.
Estimate
$585,000
$435K – $899K
Confidence Low
List vs. estimate
$554K above estimate
List $1,139,000 · +94.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,819
+223.7% vs. city median $562
Based on
187 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $642K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,969
2025
HOA
$900/mo
View
Other 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

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Washer

    Other interior features

    • Lobby

    • First Floor Entry

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Valet

    • Limited # Of Vehicle

    • No Rv/Boats

    • No Trucks/Trailers

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-6460

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $900

    • HOA Frequency: Monthly

    • Annual tax amount: $13,969

  • Source details

    • MLS ID: A12049798

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Patio And Porch Features: Deck / Open Balcony

    • Window Features: Clear Impact Glass / Blinds

    • Direction Faces: West

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 626

    • 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
781
median $639K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Condo/Co-op
6,493
median $495K
Active
Similar price
$797K – $1.5M
2,189
median $999K
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: Epique Realty Inc.