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398 NE 5th St # 2314, Miami FL 33132

Condo/Co-op For Sale
$895,000

BTC: 11.44281787

ETH: 353.68504248

-$5K (2026/08/25)
223 days
Waterfront
1 bds
2 ba
665 sqft

Overview

THE ONLY 1 BEDROOM LINE with 2 FULL BATHROOMS at THE ELSER RESIDENCES, Enjoy direct WATER VIEWS to BISCAYNE BAY AND BAYSIDE MARINA from your bed or your dining room. This unit is managed by a LICENSED AIRBNB property management (optional). Owner can use it as PRIMARY RESIDENCE, 2nd HOME or INVESTMENT PROPERTY. Owner has the option to offer the unit FOR RENT BY OWNER directly or throughA REALTOR/BROKER from 6 months up to 12 months. FULLY FURNISHED, READY TO MOVE IN OR PRODUCE INCOME for the owner. Full-service, professionally managed building, owners and guests enjoy resort-style amenities including 24/7 concierge, valet parking, rooftop pool with panoramic views, 10,000 sq ft state of the art fitness center, spa-inspired amenities, and on-site dining and lounge areas. PRIME LOCATION IN THE HEART OF THE CITY OF MIAMI, just steps from Miami Arena, Bayside Marketplace and Marina, Bayfront Park, the new epicenter of Downtown: MIAMI WORLD CENTER. Just 5 min from BRICKELL, and major cultural and entertainment venues. Easy access to Miami Beach, the airport, and highways.

Location

Details

Type:
Residential
Parking:
1 Space / Additional Spaces Available / Valet
Year Built:
2022
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,346
Cooling:
Central Air / Electric
HOA:
$1,023

Valuation

Our model vs. what's actually selling nearby.
Estimate
$590,000
$449K – $947K
Confidence Low
List vs. estimate
$305K above estimate
List $895,000 · +51.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,345
+137.2% vs. city median $567
Based on
194 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $555K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,096
2025
HOA
$1,023/mo
View
Bay, Ocean View
Waterfront
Ocean Front
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Electric Range

    • Refrigerator

    Other interior features

    • Interior Hall

    • Lobby

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Additional Spaces Available

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-4520

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,023

    • HOA Frequency: Monthly

    • Annual tax amount: $12,096

  • Source details

    • MLS ID: A11955632

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Washer/Dryer Hook-Up / Common Area

    • Patio And Porch Features: Deck / Open Balcony

    • Window Features: Blinds / High Impact Windows / Impact Glass

    • Direction Faces: Southeast

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 665

    • Subdivision Name: THE ELSER RESIDENCES

Private inquiry
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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: EXP Realty LLC