How do I schedule a tour of 398 NE 5th 2016, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th 2016, Miami, FL 33132. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.

Is 398 NE 5th 2016, Miami, FL 33132 still available?

398 NE 5th 2016, Miami, FL 33132 is currently listed as Sold, and has been on the market 75 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 2016, Miami, FL 33132?

With 20% down ($79,800) on the $399,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th 2016, Miami, FL 33132 is about $2,097/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 2016, 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 2016, Miami, FL 33132. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 398 NE 5th 2016, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th 2016, Miami, FL 33132 carries an HOA fee of about $474 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

Can I negotiate the price of 398 NE 5th 2016, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th 2016, 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Sold

75 Days on Market

1 / 28

All Listings

$399,000

398 NE 5th 2016

Miami, FL 33132

The Elser Hotel

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

Bedrooms

Bathrooms

362

Living Sq Ft

2022

Year Built

Estimated monthly payment

$2,097 /mo

Principal and interest only, based on $79,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $474/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $399,000
Days on Site: 75 Days
Bedrooms: 0
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 362 sqft
Total Sq Ft: 362 sqft
Year Built: 2022
Property Type: Condo
MLS #: A11892628
Property Tax: $9,440 (2023)
HOA Fees: $474 / Monthly
Subdivision: The Elser Hotel
County: Miami Dade
Status: Sold
Special Conditions: Listed As Is

About This Property

Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals. CHECK VIRTUAL TOUR

Virtual Tour

General Features

Property Type: Condo
Status: Sold
Year Built: 2022
Number of Stories: 49
Garage Spaces: 0
Parking: Valet
Living Sq Ft: 362
Total Sq Ft: 362

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Ceramic Tile
Interior Features: Closet Cabinetry / Bar
Laundry: Washer Hookup / Dryer Hookup

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association / Heated
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / None
View: Bay / Ocean / Water

Community & HOA

HOA Fee: $474 / Monthly
HOA Includes: Cable Tv / Internet / Water
Association Amenities: Clubhouse / Elevators / Fitness Center / Maintenance Grounds / Picnic Area / Playground / Pool / Sauna / Trash
Security: Security System / Elevator Secured / Lobby Secured / Smoke Detectors
Pets Allowed: Pet Restrictions / Yes
Financing Terms: Cash / Conventional / FHA
Restrictions: No Rv / See Remarks
MLS Area: 2410

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 Realty agent to schedule a private showing.

Homes for Sale: 10,814
Under Contract: 1,622
Median List Price: $639,900
Median Sale Price (August): $570,000
Median $/Sq Ft: $499
Avg Days on Market: 130

View all 10,814 homes for sale in Miami →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th 2016, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th 2016, Miami, FL 33132. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.
Is 398 NE 5th 2016, Miami, FL 33132 still available?: 398 NE 5th 2016, Miami, FL 33132 is currently listed as Sold, and has been on the market 75 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 2016, Miami, FL 33132?: With 20% down ($79,800) on the $399,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th 2016, Miami, FL 33132 is about $2,097/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 2016, 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 2016, Miami, FL 33132. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 398 NE 5th 2016, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th 2016, Miami, FL 33132 carries an HOA fee of about $474 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 398 NE 5th 2016, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th 2016, 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Novel Management, LLC.

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. 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 July 1, 2026.

$399,000