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398 NE 5th St, Miami FL 33132

House For Sale
$780,000

BTC: 12.18750000

ETH: 409.95669175

25 days
Waterfront
1 bds
1 ba
442 sqft

Overview

Luxury living in the heart of downtown Miami. Experience the pinnacle of urban living in this stunning, fully furnished studio apartment at Elser Hotel & Residences. Offering breathtaking, unobstructed views of Biscayne Bay and the Miami skyline, this turnkey apartment provides a flawless blend of comfort and style. It boasts stunning views and amenities including access to the Signature Bridge and new green park areas reminiscent of Central Park. Enjoy first-class, resort-style amenities including a massive sun terrace with a sparkling pool, an outdoor theater, a state-of-the-art fitness center, and 24/7 concierge services. It's perfectly located across from Bayfront Park and within steps of Kaseya Center, upscale restaurants, and vibrant nightlife. Perfect as a ready-to-move-in or high-end short-term rental investment.

Location

Florida • Miami • 33132 • House • For Sale • Waterfront

Details

Type:
Residential
Parking:
On Street
Year Built:
2022
Lot:
No Data
Heating:
Central
Price/sqft:
$1,765
Cooling:
Other
HOA:
$494

Valuation

Our model vs. what's actually selling nearby.
Estimate
$539,000
$477K – $716K
Confidence Low
List vs. estimate
$241K above estimate
List $780,000 · +44.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,764
+271.2% vs. city median $475
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $522K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,820
2025
HOA
$494/mo
Pool
Automatic Chlorination
View
Intracoastal View, Ocean
Waterfront
Intracoastal Front
Garage
1 car garage
All facts and features

  • Flooring

    • Marble

    Heating

    • Central

    Cooling

    • Other

    Appliances

    • Water Purifier

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    • Washer/Dryer Leased

    Other interior features

    • Bar

    • Den/Library/Office

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • On Street

    Other Property Information

    • Parcel Number: 01-41-37-078-1510

    • Zoning: 6401

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • HOA: $494

    • HOA Frequency: Monthly

    • Annual tax amount: $10,820

  • Source details

    • MLS ID: A12040040

    Other facts

    • Laundry Features: Washer/Dryer Hook-Up

    • Lot Features: Interior Lot

    • Pool Features: Automatic Chlorination / Auto Pool Clean / Fenced

    • Direction Faces: Northeast

    • Architectural Style: Attached / Other

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 442

    • Water Source: Other

    • 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
771
median $645K
Active
Same city
Miami
12,295
median $635K
Active
Same type
House
2,943
median $815K
Active
Similar price
$546K – $1.0M
3,567
median $700K
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: Cays LLC