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398 NE 5th Street 1915, Miami, FL 33132
Active
127 Days on Market
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$660,000

398 NE 5th Street 1915

Miami, FL 33132

THE ELSER

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

How this price compares

List price
$660,000
Price per sq ft
$1,140
Vs. nearby sales
6.3% above
Days on market
127

This 1-bedroom condo in The Elser is listed at $660,000, or $1,140 per square foot. It has been on the market for 127 days. The 6 most recent condo sales in the closings shown below sold at a median of $1,072 per square foot, so the asking price is 6.3% above what comparable homes here actually sold for.

1
Bedrooms
1
Bathrooms
579
Living Sq Ft
2022
Year Built

Estimated monthly payment

$3,469 /mo

Principal and interest only, based on $132,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $745/mo HOA are not included.

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Listing Snapshot

Price
$660,000
Days on Site
127 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
579 sqft
Total Sq Ft
579 sqft
Year Built
2022
Property Type
Condo
MLS #
A11974308
Property Tax
$10,857 (2025)
HOA Fees
$745 / Monthly
Subdivision
THE ELSER
County
Miami Dade
Status
Active
Special Conditions
Real Estate Owned / Listed As Is

About This Property

This Amazing Residence is centrally located in Downtown offering breathtaking views os Biscayne Bay . Its a perfect fit for an investor, because the flexibility on the rental to maximize returns through short terms , or simply enjoy a personal luxury residence in the city . Furnished apartment .The building features 5 starts amenities , including a state of the art , gym and expansive pool deck with a restaurant right in the same floor . just Enjoy!!!

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
2022
Property Condition
Resale
Number of Stories
49
Garage Spaces
1
Living Sq Ft
579
Total Sq Ft
579

Interior Features

Appliances
Dryer / Dishwasher / Disposal / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
None

Exterior Features

Construction
Block
Exterior Features
Other
Pool Features
Association
Waterfront
Yes
Waterfront Features
Bayfront / None
View
Bay

Community & HOA

HOA Fee
$745 / Monthly
HOA Includes
Internet / Sewer / Security / Water
Association Amenities
Clubhouse / Fitness Center / Pool / Elevators
Community Features
Other
Security
Key Card Entry
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Other Restrictions / Ok To Lease / Short Term Rentals Allowed
MLS Area
2410

Schools

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

The Elser is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $579,000 to $1,200,000. Homes were built starting 2022. Pure Equity lists homes in The Elser and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
9
Under Contract
1
Median List Price
$850,000
Median $/Sq Ft
$1,575
Avg Days on Market
244
View all 9 homes for sale in The Elser →
How do I schedule a tour of 398 NE 5th Street 1915, Miami, FL 33132?
Use the Tour button on this listing to request a showing of 398 NE 5th Street 1915, 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 1915, Miami, FL 33132 still available?
398 NE 5th Street 1915, Miami, FL 33132 is currently listed as Active, and has been on the market 127 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 1915, Miami, FL 33132?
With 20% down ($132,000) on the $660,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 1915, Miami, FL 33132 is about $3,469/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 1915, 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 1915, 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 1915, Miami, FL 33132 have an HOA fee?
Yes: 398 NE 5th Street 1915, Miami, FL 33132 carries an HOA fee of about $745 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 1915, Miami, FL 33132?
398 NE 5th Street 1915, 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 1915, Miami, FL 33132?
Often, yes. The right offer on 398 NE 5th Street 1915, 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 Compass Florida, 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 June 23, 2026.

$660,000

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Listed by Elizabeth Texeira, Compass Florida, LLC

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