How do I schedule a tour of 398 NE 5th Street 1518, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 1518, Miami, FL 33132. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 398 NE 5th Street 1518, Miami, FL 33132 still available?

398 NE 5th Street 1518, Miami, FL 33132 is currently listed as Active, and has been on the market 20 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 398 NE 5th Street 1518, Miami, FL 33132?

With 20% down ($299,800) on the $1,499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 1518, Miami, FL 33132 is about $7,878/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 398 NE 5th Street 1518, Miami, FL 33132?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 398 NE 5th Street 1518, Miami, FL 33132. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 398 NE 5th Street 1518, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 1518, Miami, FL 33132 carries an HOA fee of about $1,300 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 398 NE 5th Street 1518, Miami, FL 33132?

398 NE 5th Street 1518, Miami, FL 33132 is zoned for Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 398 NE 5th Street 1518, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 1518, Miami, FL 33132 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

20 Days on Market

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$1,499,000

398 NE 5th Street 1518

Miami, FL 33132

MAP OF MIAMI DADE CO. FL.

Explore the area: Miami homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $1,499,000
Price per sq ft: $1,330
Original price: Unchanged
Days on market: 20

This 3-bedroom condo in ZIP 33132 is listed at $1,499,000, or $1,330 per square foot. It has been on the market for 20 days.

Bedrooms

Bathrooms

1,127

Living Sq Ft

2024

Year Built

Estimated monthly payment

$7,878 /mo

Principal and interest only, based on $299,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,300/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $1,499,000
Days on Site: 20 Days
Bedrooms: 3
Total Baths: 3
Full Baths: 3
Partial Baths: 0
Living Area: 1,127 sqft
Total Sq Ft: 1,127 sqft
Year Built: 2024
Property Type: Condo
MLS #: A12112486
Property Tax: $23,078 (2025)
HOA Fees: $1,300 / Monthly
Subdivision: MAP OF MIAMI DADE CO. FL.
Development: THE ELSER
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS—offering the flexibility of Airbnb and daily rentals.What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations. For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management.Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances. Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 2024
Property Condition: New Construction
New Construction: Yes
Number of Stories: 646
Garage Spaces: 1
Living Sq Ft: 1,127
Total Sq Ft: 1,127

Interior Features

Appliances: Dishwasher / Electric Range / Microwave / Refrigerator
Cooling: Central Air
Heating: Central
Flooring: Concrete / Tile
Interior Features: Eat In Kitchen / Elevator / Living Dining Room / Main Level Primary / Tub Shower
Laundry: Washer Hookup / Dryer Hookup
Total Rooms: 1
Furnished: Furnished

Exterior Features

Construction: CBS Concrete Block Structure / Block
Exterior Features: Balcony / Outdoor Living Area
Private Pool: Yes
Pool Features: Private / Association
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / None
View: Bay

Community & HOA

HOA Fee: $1,300 / Monthly
HOA Includes: Common Areas / Cable Tv / Hot Water / Insurance / Legal Accounting / Maintenance Grounds / Pest Control / Pools / Recreation Facilities / Reserve Fund / Roof / Sewer / Security / Trash / Water
Association Amenities: Beach Rights / Fitness Center / Pool / Parking / Sauna / Spa Hot Tub / Elevators
Community Features: Home Owners Association
Security: Security System / Closed Circuit Cameras
Utilities: Cable Available
Pets Allowed: Cats Ok / Dogs Ok / No Pet Restrictions / Yes
Financing Terms: Cash / Conventional / Cryptocurrency
Restrictions: No Rv / No Truck / No Trailer Parking
MLS Area: 2420

Schools

Elementary School: Frederick Douglass
Middle School: Jose De Diego
High School: Booker T. Washington

About the Area

Miami

View Miami Real Estate →

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale: 10,620
Under Contract: 1,797
Median List Price: $645,000
Median Sale Price (October): $585,000
Median $/Sq Ft: $508
Avg Days on Market: 153

View all 10,620 homes for sale in Miami →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th Street 1518, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 1518, Miami, FL 33132. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 398 NE 5th Street 1518, Miami, FL 33132 still available?: 398 NE 5th Street 1518, Miami, FL 33132 is currently listed as Active, and has been on the market 20 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 398 NE 5th Street 1518, Miami, FL 33132?: With 20% down ($299,800) on the $1,499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 1518, Miami, FL 33132 is about $7,878/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 398 NE 5th Street 1518, Miami, FL 33132?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 398 NE 5th Street 1518, Miami, FL 33132. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 398 NE 5th Street 1518, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 1518, Miami, FL 33132 carries an HOA fee of about $1,300 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 398 NE 5th Street 1518, Miami, FL 33132?: 398 NE 5th Street 1518, Miami, FL 33132 is zoned for Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 398 NE 5th Street 1518, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 1518, Miami, FL 33132 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of EXP Realty LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.

$1,499,000

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Listed by Annie J Montiel, EXP Realty LLC

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Recently sold homes in ZIP 33132

These are the last 6 recorded closings in ZIP 33132, with the price each home actually sold for rather than what it was listed at. They closed at a median of $570 per square foot. The most recent closed on November 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.