How do I schedule a tour of 398 NE 5th Street 2004, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 2004, 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 2004, Miami, FL 33132 still available?

398 NE 5th Street 2004, Miami, FL 33132 is currently listed as Active, and has been on the market 13 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 2004, Miami, FL 33132?

With 20% down ($137,380) on the $686,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2004, Miami, FL 33132 is about $3,610/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 2004, 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 2004, 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 2004, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 2004, Miami, FL 33132 carries an HOA fee of about $2,055 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 2004, Miami, FL 33132?

398 NE 5th Street 2004, 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 2004, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 2004, 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

13 Days on Market

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$686,900

398 NE 5th Street 2004

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: $686,900
Price per sq ft: $1,551
Original price: Unchanged
Days on market: 13

This 1-bedroom condo in ZIP 33132 is listed at $686,900, or $1,551 per square foot. It has been on the market for 13 days.

Bedrooms

Bathrooms

443

Living Sq Ft

2022

Year Built

Estimated monthly payment

$3,610 /mo

Principal and interest only, based on $137,380 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $686,900
Days on Site: 13 Days
Bedrooms: 1
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 443 sqft
Total Sq Ft: 443 sqft
Year Built: 2022
Property Type: Condo
MLS #: A12112238
Property Tax: $10,640 (2025)
HOA Fees: $2,055 / Quarterly
Subdivision: MAP OF MIAMI DADE CO. FL.
County: Miami Dade
Status: Active
Special Conditions: Short Sale / Listed As Is

About This Property

Discover an exceptional opportunity to own at The Elser Hotel & Residences, in the heart of Downtown Miami! This fully furnished junior suite on the 20th floor offers 443 sq. ft. of living space, a functional open-concept layout, modern finishes, an equipped kitchen, in-unit washer and dryer, and a private balcony. Enjoy the perfect combination of comfort, luxury, and convenience in a premier high-rise building featuring resort-style amenities, including a spectacular pool overlooking Biscayne Bay, fitness center, concierge services, valet parking, dining options, and inviting social spaces. Ideally located steps from Miami Worldcenter, Kaseya Center, Bayside Marketplace, Brightline Station, and Downtown Miami's finest restaurants, shopping, and entertainment. Currently operated as a short-term rental through the hotel program, with the option to use another approved rental management company, subject to applicable regulations and agreements. An attractive opportunity for investors or those seeking a Miami getaway. Experience the vibrant Downtown Miami lifestyle at The Elser! The unit is currently enrolled in The Elser's hotel rental management program. Owners may choose to work with the hotel operator or another management company approved by the Commercial Parcel Owner. Short-term rentals are subject to the unit's Certificate of Use and applicable condominium regulations. All transient guests must register at the front desk. Buyers and their agents should independently verify rental restrictions, management agreements, association fees, approval requirements, and permitted uses. Contact the listing agent for additional information regarding rental management options and property details.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 2022
Property Condition: Resale
Number of Stories: 49
Garage Spaces: 1
Parking: Valet
Living Sq Ft: 443
Total Sq Ft: 443

Interior Features

Appliances: Dryer / Dishwasher / Microwave / Oven / Refrigerator / Washer
Cooling: Central Air
Heating: None
Flooring: Laminate / Other

Exterior Features

Construction: Block
Pool Features: Association
View: Bay

Community & HOA

HOA Fee: $2,055 / Quarterly
Association Amenities: Elevators / Fitness Center / Maintenance Grounds / Other / Pool / Sauna / Spa Hot Tub
Security: Security System / Key Card Entry
Pets Allowed: Yes
Financing Terms: Cash / Conventional / FHA / Va Loan
Restrictions: See Remarks
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 2004, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 2004, 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 2004, Miami, FL 33132 still available?: 398 NE 5th Street 2004, Miami, FL 33132 is currently listed as Active, and has been on the market 13 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 2004, Miami, FL 33132?: With 20% down ($137,380) on the $686,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2004, Miami, FL 33132 is about $3,610/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 2004, 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 2004, 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 2004, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 2004, Miami, FL 33132 carries an HOA fee of about $2,055 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 2004, Miami, FL 33132?: 398 NE 5th Street 2004, 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 2004, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 2004, 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 Realty One Group Evolution

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.

$686,900

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Listed by Carolina De Vasconcelos Gomez, Realty One Group Evolution

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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.