How do I schedule a tour of 398 NE 5th Street 1708, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 1708, 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 1708, Miami, FL 33132 still available?

398 NE 5th Street 1708, Miami, FL 33132 is currently listed as Active. 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 1708, Miami, FL 33132?

With 20% down ($98,000) on the $490,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 1708, Miami, FL 33132 is about $2,575/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 1708, 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 1708, 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 1708, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 1708, Miami, FL 33132 carries an HOA fee of about $1,300 quarterly. 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 1708, Miami, FL 33132?

398 NE 5th Street 1708, 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 1708, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 1708, 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.

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$490,000

398 NE 5th Street 1708

Miami, FL 33132

The Elser Condo

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

Price Check

How this price compares

List price: $490,000
Price per sq ft: $1,010
Original price: Unchanged
Days on market: N/A

This 1-bedroom condo in ZIP 33132 is listed at $490,000, or $1,010 per square foot.

Bedrooms

Bathrooms

485

Living Sq Ft

2022

Year Built

Estimated monthly payment

$2,575 /mo

Principal and interest only, based on $98,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $490,000
Days on Site: 0 Days
Bedrooms: 1
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 485 sqft
Total Sq Ft: 485 sqft
Year Built: 2022
Property Type: Condo
MLS #: A12119621
Property Tax: $7,075 (2025)
HOA Fees: $1,300 / Quarterly
Subdivision: The Elser Condo
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

In the heart of Downtown Miami, The Elser sets a new standard for luxury living and smart investment. This stunning studio is not just a home; it's an opportunity. Allows short term rentals managed across top rental platforms like Airbnb, VRBO, it offers you the chance to earn income or as a personal getaway. Enjoy breathtaking views, 24/7 concierge, smart technology, and EV charging. The amenities? Unmatched. Dive into a resort-style pool, unwind in exclusive lounge areas, and work seamlessly in our state-of-the-art co-working space. Steps away from Miami's best – Whole Foods, FTX Arena, South Beach. The Elser is not just a residence; it's the pinnacle of Miami living. Whether you're looking for your next home or a smart investment, welcome to your future in Miami.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 2022
Property Condition: Resale
Number of Stories: 47
Garage Spaces: 1
Parking: Valet
Direction Faces: North
Living Sq Ft: 485
Total Sq Ft: 485

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Tile
Interior Features: Bedroom On Main Level / Eat In Kitchen / Elevator / Living Dining Room / Other / Separate Shower / Bar
Windows: Blinds / Skylights
Furnished: Furnished

Exterior Features

Construction: CBS Concrete Block Structure / Block
Exterior Features: Balcony / Outdoor Living Area
Architectural Style: Other
Pool Features: Association
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / Intracoastal Access / None
View: Bay / Intercoastal

Community & HOA

HOA Fee: $1,300 / Quarterly
HOA Includes: Common Areas / Cable Tv / Internet / Maintenance Structure / Pools / Trash
Association Amenities: Business Center / Fitness Center / Maintenance Grounds / Other / Pool / Elevators
Security: Security System / Elevator Secured / Lobby Secured
Utilities: Cable Available
Pets Allowed: Pet Fee / Pet Restrictions / Yes
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: No Rv / Ok To Lease / See Remarks
MLS Area: 2420

Schools

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

About the Community

The Elser Condo

View Community Details →

Homes for Sale: 2
Under Contract: 0
Median List Price: $1,244,500
Median $/Sq Ft: $1,073
Avg Days on Market: 13

View all 2 homes for sale in The Elser Condo →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th Street 1708, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 1708, 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 1708, Miami, FL 33132 still available?: 398 NE 5th Street 1708, Miami, FL 33132 is currently listed as Active. 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 1708, Miami, FL 33132?: With 20% down ($98,000) on the $490,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 1708, Miami, FL 33132 is about $2,575/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 1708, 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 1708, 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 1708, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 1708, Miami, FL 33132 carries an HOA fee of about $1,300 quarterly. 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 1708, Miami, FL 33132?: 398 NE 5th Street 1708, 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 1708, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 1708, 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 Coldwell Banker Realty

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.

$490,000

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Listed by Ana Teresa Rodriguez, Coldwell Banker Realty

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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.