$1,300,000
398 NE 5th Street 1911
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
- $1,300,000
- Price per sq ft
- $1,605
- Vs. nearby sales
- 218.5% above
- Days on market
- 37
This 2-bedroom condo in ZIP 33132 is listed at $1,300,000, or $1,605 per square foot. It has been on the market for 37 days. The 6 most recent condo sales in the closings shown below sold at a median of $504 per square foot, so the asking price is 218.5% above what comparable homes here actually sold for.
Estimated monthly payment
$6,832 /mo
Principal and interest only, based on $260,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,342/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,300,000
- Days on Site
- 37 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 810 sqft
- Total Sq Ft
- 810 sqft
- Year Built
- 2022
- Property Type
- Condo
- MLS #
- A12071562
- HOA Fees
- $1,342 / Monthly
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- County
- Miami Dade
- Status
- Active
About This Property
Experience elevated waterfront living at The Elser Miami, ideally located in the heart of Downtown Miami. Residence 1911 is a stunning 2-bed, 2-bath corner unit offering breathtaking panoramic views of Biscayne Bay and the Miami skyline through expansive floor-to-ceiling windows.Fully furnished and beautifully designed, this turnkey residence features a bright, open-concept layout, contemporary finishes, and a sleek modern kitchen with custom cabinetry, quartz countertops, and stainless-steel appliances. The corner position provides exceptional natural light and sweeping water and city views, creating an inviting atmosphere for both relaxing and entertaining.The Elser offers a unique opportunity for owners looking for both luxury living and income potential, with short-term rentals permitted according to condominium regulations and a professionally managed rental program available. The residence can be enjoyed as a private Miami retreat or utilized as a flexible investment property.Residents enjoy an impressive collection of resort-style amenities, including a spectacular pool deck, fitness center, private lounges, outdoor theater, bar and restaurant terrace, concierge services, and valet parking.Located in the heart of Downtown Miami, The Elser places you minutes from Bayside Marketplace, Bayfront Park, Kaseya Center, Brickell, Wynwood, Miami Worldcenter, world-class dining, shopping, entertainment, and Miami International Airport.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2022
- Property Condition
- Resale
- Number of Stories
- 49
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Garage / Valet
- Direction Faces
- East
- Living Sq Ft
- 810
- Total Sq Ft
- 810
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Built In Features / Bedroom On Main Level / Breakfast Area / Closet Cabinetry / Elevator / Split Bedrooms / Walk In Closets
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Pool Features
- Association
- Waterfront Features
- None / Ocean Front
- View
- Ocean / Skyline
Community & HOA
- HOA Fee
- $1,342 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Internet / Maintenance Grounds / Maintenance Structure / Security / Water
- Association Amenities
- Fitness Center / Other / Pool / Elevators
- Security
- Elevator Secured / Secured Garage Parking / Smoke Detectors
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional / Cryptocurrency
- Restrictions
- Ok To Lease
- MLS Area
- 2420
Schools
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Area
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
- 9,370
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $509
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 398 NE 5th Street 1911, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 398 NE 5th Street 1911, 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 1911, Miami, FL 33132 still available?
- 398 NE 5th Street 1911, Miami, FL 33132 is currently listed as Active, and has been on the market 37 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 1911, Miami, FL 33132?
- With 20% down ($260,000) on the $1,300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 1911, Miami, FL 33132 is about $6,832/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 1911, 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 1911, 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 1911, Miami, FL 33132 have an HOA fee?
- Yes: 398 NE 5th Street 1911, Miami, FL 33132 carries an HOA fee of about $1,342 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 1911, Miami, FL 33132?
- 398 NE 5th Street 1911, 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 1911, Miami, FL 33132?
- Often, yes. The right offer on 398 NE 5th Street 1911, 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 Deal Flow 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 August 30, 2026.
$1,300,000
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Listed by Patricia Villati, Deal Flow Realty, LLC.
Map & Location
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Recent Sales
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 $517 per square foot. The most recent closed on October 15, 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.
Sold$230,000
Sold · October 15, 2026
1750 N Bayshore Drive 1407
0 bed · 1 bath · 508 sqft · $453/sqft
$25,000 under the asking price
Sold$450,000
Sold · October 14, 2026
1800 N Bayshore Drive 306
1 bed · 2 bath · 870 sqft · $517/sqft
$25,000 under the asking price
Sold$420,000
Sold · October 14, 2026
1600 NE 1st Avenue 1014
1 bed · 1.5 bath · 857 sqft · $490/sqft
$3,000 under the asking price
Sold$730,000
Sold · October 9, 2026
1900 N Bayshore Drive 3202
2 bed · 2.5 bath · 1,400 sqft · $521/sqft
$25,000 under the asking price
Sold$399,000
Sold · October 9, 2026
20 NE 11th Street 4803A
0 bed · 1 bath · 275 sqft · $1,451/sqft
Sold$370,000
Sold · October 9, 2026
244 Biscayne Boulevard 2604
1 bed · 1 bath · 806 sqft · $459/sqft
$19,000 under the asking price
See every recorded sale in ZIP 33132 or find out what your ZIP 33132 home is worth.
