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398 NE 5th Street 2112, Miami, FL 33132
Active
97 Days on Market
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$709,000

398 NE 5th Street 2112

Miami, FL 33132

MAP OF MIAMI DADE CO. FL.

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

How this price compares

List price
$709,000
Price per sq ft
$2,079
Original price
Unchanged
Days on market
97

This single-family home in ZIP 33132 is listed at $709,000, or $2,079 per square foot. It has been on the market for 97 days.

0
Bedrooms
1
Bathrooms
341
Living Sq Ft
2022
Year Built

Estimated monthly payment

$3,726 /mo

Principal and interest only, based on $141,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $445/mo HOA are not included.

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Listing Snapshot

Price
$709,000
Days on Site
97 Days
Bedrooms
0
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
341 sqft
Total Sq Ft
341 sqft
Year Built
2022
Property Type
Single Family
MLS #
A12039725
Property Tax
$9,820 (2025)
HOA Fees
$445 / Monthly
Subdivision
MAP OF MIAMI DADE CO. FL.
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don’t miss out on this premier property in Miami’s luxury market.

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
2022
Property Condition
Resale
Number of Stories
49
Garage Spaces
1
Parking
Valet
Living Sq Ft
341
Total Sq Ft
341

Interior Features

Appliances
Dryer / Electric Range / Electric Water Heater / Microwave / Refrigerator / Washer
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Ceramic Tile
Interior Features
Separate Shower / Bar
Windows
Blinds

Exterior Features

Construction
Block
Exterior Features
Balcony / Barbecue / Outdoor Living Area
Pool Features
Association / Heated
Patio & Porch
Open / Balcony
Waterfront Features
None
View
Bay

Community & HOA

HOA Fee
$445 / Monthly
HOA Includes
Common Areas / Pools
Association Amenities
Fitness Center / Maintenance Grounds / Pool / Elevators
Security
Security System / Elevator Secured / Fire Alarm / Smoke Detectors
Pets Allowed
No
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
Other Restrictions / Ok To Lease / Short Term Rentals Allowed
MLS Area
2420

Schools

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

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
View all 9,370 homes for sale in Miami →
How do I schedule a tour of 398 NE 5th Street 2112, Miami, FL 33132?
Use the Tour button on this listing to request a showing of 398 NE 5th Street 2112, 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 2112, Miami, FL 33132 still available?
398 NE 5th Street 2112, Miami, FL 33132 is currently listed as Active, and has been on the market 97 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 2112, Miami, FL 33132?
With 20% down ($141,800) on the $709,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2112, Miami, FL 33132 is about $3,726/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 2112, 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 2112, 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 2112, Miami, FL 33132 have an HOA fee?
Yes: 398 NE 5th Street 2112, Miami, FL 33132 carries an HOA fee of about $445 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 2112, Miami, FL 33132?
398 NE 5th Street 2112, 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 2112, Miami, FL 33132?
Often, yes. The right offer on 398 NE 5th Street 2112, Miami, FL 33132 depends on how it's priced against comparable single family 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 Damar Florida Real Estate

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.

$709,000

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Listed by Mirtha M Garcia, Damar Florida Real Estate

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