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398 NE 5th St # 1408, Miami FL 33132

Condo/Co-op For Sale
$620,000

BTC: 9.46564885

ETH: 344.44444444

119 days
1 bds
1 ba
430 sqft

Overview

Experience elevated luxury living in the heart of Downtown Miami. Offered fully furnished and move-in ready, this residence boasts stunning, unobstructed views of Biscayne Bay and the Miami skyline. The Elser uniquely allows flexible short-term rentals (daily) as well as annual leases, creating an exceptional opportunity. Interior features include sleek modern finishes, a fully equipped kitchen, king-size bed plus sofa sleeper, in-unit washer/dryer, and smart home technology. Ideally located just steps from the Port of Miami, Kaseya Center, Miami Worldcenter, and Brightline. Enjoy resort-style amenities such as the signature rooftop pool deck, two-story fitness center, and co-working lounge. HOA fees include Wi-Fi and cable.

Location

Details

Type:
Residential
Parking:
1 Space / Valet
Year Built:
2022
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,442
Cooling:
Electric
HOA:
$661

Valuation

Our model vs. what's actually selling nearby.
Estimate
$482,000
$387K – $699K
Confidence Low
List vs. estimate
$138K above estimate
List $620,000 · +28.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,441
+154.1% vs. city median $567
Based on
196 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $536K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,456
2025
HOA
$661/qtr
View
Bay, Ocean View
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Parquet

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Valet

    Property

    • Exterior Features: Other

    Other Property Information

    • Parcel Number: 01-41-37-078-2390

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $661

    • HOA Frequency: Quarterly

    • Annual tax amount: $10,456

  • Source details

    • MLS ID: A11956263

    Other facts

    • Construction Materials: Concrete Block Construction

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 430

    • Subdivision Name: MAP OF MIAMI DADE CO. FL.

Private inquiry
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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: Lead Consulting Group LLC