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398 NE 5th St # 2602, Miami FL 33132

Condo/Co-op For Sale
$620,000

BTC: 9.74842767

ETH: 325.86301139

-$30K (2026/01/23)
231 days
1 ba
430 sqft

Overview

Experience modern luxury in the heart of Downtown Miami at The Elser Hotel & Residences. This fully furnished 26th-floor studio offers breathtaking Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling windows, porcelain tile flooring, and a private balcony. Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Enjoy resort-style amenities with a 132-ft rooftop pool, fitness center, sky lounge, business center, and concierge services. Prime location near Bayside, Kaseya Center, Metromover, dining, and entertainment. Investor-friendly building with short-term rentals/Airbnb allowed.

Location

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

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$475,000
$383K – $690K
Confidence Low
List vs. estimate
$145K above estimate
List $620,000 · +30.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,441
+156.5% vs. city median $562
Based on
219 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $582K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,695
2025
HOA
$661/mo
View
Ocean View, Skyline
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-0470

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $661

    • HOA Frequency: Monthly

    • Annual tax amount: $9,695

  • Source details

    • MLS ID: A11930233

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 430

    • 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
$434K – $806K
4,064
median $594K
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: COSMORE Florida Corp.