398 NE 5th St # 2112, Miami FL 33132

Condo/Co-op For Sale

$709,000

BTC: 8.27111526

ETH: 267.54716981

108 days

For Sale

Condo/Co-op

1 ba •

341 sqft

Overview

Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don’t miss out on this premier property in Miami’s luxury market.

Location

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

Details

Type:

Residential

Parking:

1 Space / Valet

Year Built:

2022

Lot:

No Data

Heating:

Central / Electric

Price/sqft:

$2,079

Cooling:

Central Air / Electric

HOA:

$445

Type:

Residential

Parking:

1 Space / Valet

Year Built:

2022

Lot:

No Data

Heating:

Central / Electric

Price/sqft:

$2,079

Cooling:

Central Air / Electric

HOA:

$445

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.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$432,500

$379K – $550K

Confidence Low

List vs. estimate

$276K above estimate

List $709,000 · +63.9%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$2,079

+265.4% vs. city median $569

Based on

114 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

$9,820

2025

HOA

$445/mo

View

Bay

Garage

1 car garage

Pets

Not allowed

All facts and features

Flooring

• Ceramic Floor

Heating

• Central

• Electric

Cooling

• Central Air

• Electric

Appliances

• Dryer

• Electric Range

• Electric Water Heater

• Microwave

• Refrigerator

• Washer

Other interior features

• Lobby

• First Floor Entry

Bedrooms and bathrooms

• Full bathrooms: 1
Parking

• 1 Space

• Valet

Property

• Exterior Features: Barbeque / Open Balcony

Other Property Information

• Parcel Number: 01-41-37-078-3820
Type and style

• Property Type: Residential

• Property Sub Type: Hotel/Motel
Other financial information

• HOA: $445

• HOA Frequency: Monthly

• Annual tax amount: $9,820
Source details

• MLS ID: A12039725

Other facts

• Construction Materials: CBS Construction

• Patio And Porch Features: Open Balcony

• Window Features: Blinds / Verticals

• Architectural Style: High Rise

• Garage Spaces: 1

• Garage: Yes

• Living Area: 341

• 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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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: Damar Florida Real Estate

398 NE 5th St # 2112, Miami FL 33132

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

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