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398 NE 5th St # 4712, Miami FL 33132

Condo/Co-op For Sale
$521,000

BTC: 6.07792814

ETH: 196.60377358

181 days
Waterfront
1 ba
341 sqft

Overview

Experience elevated luxury living at The Elser Hotel & Residences in Downtown Miami with this stunning high-floor studio on the 47th level, offering breathtaking panoramic views of the Miami skyline and Biscayne Bay. This fully furnished residence features high ceilings, floor-to-ceiling windows, and designer finishes throughout, creating a modern and sophisticated living experience. The sleek kitchen is equipped with premium cabinetry and top-of-the-line appliances, ideal for both everyday living and short-term rental income. Residents enjoy world-class amenities including resort-style pool, fitness center, concierge services, and an exclusive on-site Michelin-starred dining experience. Located in the heart of Downtown Miami, just minutes from Brickell City Centre, Bayside Marketplace, museums, parks, and major highways. Only a short drive to South Beach and Key Biscayne. Ideal for investors, this property allows daily rentals, making it a prime opportunity for Airbnb or short-term income in one of Miami’s fastest-growing luxury markets.

Location

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

Details

Type:
Residential
Parking:
Valet
Year Built:
2022
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,528
Cooling:
Electric
HOA:
$440

Valuation

Our model vs. what's actually selling nearby.
Estimate
$432,500
$379K – $550K
Confidence Low
List vs. estimate
$88K above estimate
List $521,000 · +20.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,527
+168.5% 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
$10,420
2025
HOA
$440/mo
View
Bay, Intracoastal View
Waterfront
Yes
Furnished
Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Valet

    Property

    • Exterior Features: Barbeque

    Other Property Information

    • Parcel Number: 01-41-37-078-4080

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $440

    • HOA Frequency: Monthly

    • Annual tax amount: $10,420

  • Source details

    • MLS ID: A11995568

    Other facts

    • Construction Materials: CBS Construction

    • Architectural Style: High Rise

    • Waterfront: 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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Market around this address

Live counts in the same area.
View all
This zip
33132
846
median $616K
Active
Same city
Miami
12,474
median $639K
Active
Same type
Condo/Co-op
6,590
median $499K
Active
Similar price
$364K – $677K
3,878
median $515K
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: Miami Masterpiece