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398 NE 5th St # 1601, Miami FL 33132

Condo/Co-op For Sale
$1,399,999

BTC: 21.37403053

ETH: 777.77722222

198 days
Waterfront
3 bds
3 ba
1,150 sqft

Overview

Experience luxury in this stunning 3-bed, 3-bath residence at The Elser Hotel & Residences in Downtown Miami. Enjoy breathtaking views of Biscayne Bay and the city skyline from floor-to-ceiling windows and a private balcony. The open-concept layout features a gourmet kitchen with high-end finishes, smart keyless entry, and a 9'2" ceiling height. Perfect for investors, this fully furnished unit allows short-term rentals with no restrictions, or live year-round in style. The Elser offers resort-style amenities: a rooftop pool, fitness center, and 24/7 concierge. Steps from Bayfront Park, top dining, and entertainment, this residence delivers a vibrant, sophisticated lifestyle. Schedule a tour today to discover modern Miami living at its finest!

Location

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

Details

Type:
Residential
Parking:
Valet
Year Built:
2022
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,217
Cooling:
Central Air / Electric
HOA:
$1,666

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,060,000
$749K – $1.5M
Confidence Low
List vs. estimate
$339K above estimate
List $1,399,999 · +32.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,217
+114.5% vs. city median $567
Based on
137 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
$23,550
2025
HOA
$1,666/mo
View
Bay
Waterfront
Yes
Pets
Allowed
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Washer

    Other interior features

    • Closet Cabinetry

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Valet

    Property

    • Exterior Features: Barbeque / Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-0030

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,666

    • HOA Frequency: Monthly

    • Annual tax amount: $23,550

  • Source details

    • MLS ID: A11909504

    Other facts

    • Construction Materials: Concrete Block Construction

    • Fireplace Features: Fireplace

    • Patio And Porch Features: Deck / Open Balcony

    • Architectural Style: Corner Unit

    • Waterfront: Yes

    • Fireplace: Yes

    • Living Area: 1150

    • 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
707
median $639K
Active
Same city
Miami
12,004
median $650K
Active
Same type
Condo/Co-op
6,342
median $500K
Active
Similar price
$979K – $1.8M
1,758
median $1.3M
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: EXP Realty LLC