$1,090,000
398 NE 5th Street 2017
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,090,000
- Price per sq ft
- $1,045
- Vs. nearby sales
- In line
- Days on market
- 248
This 2-bedroom condo in The Elser is listed at $1,090,000, or $1,045 per square foot. The asking price has come down 9.2% from its original $1,200,000. It has been on the market for 248 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 in line with what comparable homes here actually sold for.
Estimated monthly payment
$5,728 /mo
Principal and interest only, based on $218,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,500/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,090,000
- Days on Site
- 248 Days
- Bedrooms
- 2
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 1,043 sqft
- Year Built
- 2022
- Property Type
- Condo
- MLS #
- F10546420
- Property Tax
- $26,000 (2025)
- HOA Fees
- $1,500 / Monthly
- Subdivision
- The Elser
- Development
- THE ELSER
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
Turn-key, fully furnished unit @ The Elser. Located in the heart of Downtown Miami. Enjoy stunning 180-degree views from sunrise to sunset, with Biscayne Bay and vibrant city views as your backdrop. 2 Bedroom + Open Den with 3 full baths. Flexible use allows personal enjoyment, full-time living, or income-producing short-term rentals via hotel program or approved platforms. High-end design features a modern kitchen, washer & dryer, and private balcony. Hotel amenities include a wrap-around bayfront pool & bar, two-story fitness center, spa, business center, valet, concierge, and South Beach beach club service. Steps from Bayside Marketplace, Kaseya Center, Brightline, theraters, Brickell & minutes to Port of Miami & Wynwood. Live, rent, or both—luxury lifestyle and investment in one.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2022
- Property Condition
- Resale
- Number of Stories
- 49
- Parking
- Valet
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,043
- Structure Type
- Multi Family
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Water Heater
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile / Tile
- Interior Features
- Closet Cabinetry / Elevator / Family Dining Room / Main Level Primary / Separate Shower / Bar
- Laundry
- Washer Dryer Install Allowed
- Windows
- Drapes / Rods / Skylights
- Main Level Bedrooms
- 3
- Main Level Baths
- 3
- Total Rooms
- 3
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Lighting / Outdoor Living Area / Other
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Bay / Other / Pool
Community & HOA
- HOA Fee
- $1,500 / Monthly
- HOA Includes
- Common Areas / Insurance / Maintenance Structure / Pools / Recreation Facilities / Sewer / Trash / Water
- Association Amenities
- Beach Rights / Fitness Center / Maintenance Grounds / Pool / Parking / Sauna / Spa Hot Tub / Elevators
- Security
- Security System / Key Card Entry / Smoke Detectors
- Utilities
- Cable Available
- Pets Allowed
- Breed Restrictions / Pet Fee / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions / Ok To Lease / Short Term Rentals Allowed
- MLS Area
- 2410
This home's HOA fee works out to $1,500 a month, 101% above the $745 median across 9 homes for sale in The Elser. See The Elser HOA fees
About the Community
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
- 255
Frequently Asked Questions
- How do I schedule a tour of 398 NE 5th Street 2017, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 398 NE 5th Street 2017, 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 2017, Miami, FL 33132 still available?
- 398 NE 5th Street 2017, Miami, FL 33132 is currently listed as Active, and has been on the market 248 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 2017, Miami, FL 33132?
- With 20% down ($218,000) on the $1,090,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2017, Miami, FL 33132 is about $5,728/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 2017, 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 2017, 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 2017, Miami, FL 33132 have an HOA fee?
- Yes: 398 NE 5th Street 2017, Miami, FL 33132 carries an HOA fee of about $1,500 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 Street 2017, Miami, FL 33132?
- Often, yes. The right offer on 398 NE 5th Street 2017, 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 Keller Williams Legacy
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.
$1,090,000
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Listed by Maria Corina Martinez, Keller Williams Legacy
Map & Location
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Recent Sales
Recently sold homes in The Elser
These are the last 6 recorded closings in The Elser, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,072 per square foot. The most recent closed on May 7, 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$420,000
Sold · May 7, 2026
398 NE 5th Street 2316
0 bed · 1 bath · 362 sqft · $1,160/sqft
$55,000 under the asking price
Sold$400,000
Sold · March 9, 2026
398 NE 5th Street 1416
0 bed · 1 bath · 455 sqft · $879/sqft
$18,000 under the asking price
Sold$475,000
Sold · January 28, 2026
398 NE 5th Street 1906
0 bed · 1 bath · 443 sqft · $1,072/sqft
$14,900 under the asking price
Sold$450,000
Sold · January 21, 2026
398 NE 5th Street 3406
1 bed · 1 bath · 443 sqft · $1,016/sqft
$49,000 under the asking price
Sold$475,000
Sold · December 15, 2025
398 NE 5th Street 2503
1 bed · 1 bath · 439 sqft · $1,082/sqft
$20,000 under the asking price
Sold$475,000
Sold · December 12, 2025
398 NE 5th Street 2506
1 bed · 1 bath · 443 sqft · $1,072/sqft
$14,000 under the asking price
See every recorded sale in The Elser or find out what your The Elser home is worth.
