How do I schedule a tour of 398 NE 5th Street 2118, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 2118, 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 2118, Miami, FL 33132 still available?

398 NE 5th Street 2118, Miami, FL 33132 is currently listed as Active, and has been on the market 40 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 2118, Miami, FL 33132?

With 20% down ($245,000) on the $1,225,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2118, Miami, FL 33132 is about $6,438/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 2118, 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 2118, 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 2118, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 2118, Miami, FL 33132 carries an HOA fee of about $1,560 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 2118, Miami, FL 33132?

398 NE 5th Street 2118, 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 2118, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 2118, 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

40 Days on Market

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$1,225,000

398 NE 5th Street 2118

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: $1,225,000
Price per sq ft: $1,079
Original price: Unchanged
Days on market: 40

This 3-bedroom condo in ZIP 33132 is listed at $1,225,000, or $1,079 per square foot. It has been on the market for 40 days.

Bedrooms

Bathrooms

1,135

Living Sq Ft

2022

Year Built

Estimated monthly payment

$6,438 /mo

Principal and interest only, based on $245,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,560/mo HOA are not included.

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Listing Snapshot

Price: $1,225,000
Days on Site: 40 Days
Bedrooms: 3
Total Baths: 3
Full Baths: 3
Partial Baths: 0
Living Area: 1,135 sqft
Total Sq Ft: 1,135 sqft
Year Built: 2022
Property Type: Condo
MLS #: A12071480
Property Tax: $21,109 (2025)
HOA Fees: $1,560 / Monthly
Subdivision: MAP OF MIAMI DADE CO. FL.
County: Miami Dade
Status: Active

About This Property

Experience the ultimate in turnkey Miami luxury at this sophisticated 3-bedroom, 3-bathroom corner residence at The Elser Hotel & Residences. Designed for effortless living and exceptional flexibility, this fully furnished home pairs dramatic architecture with sweeping views and the rare opportunity to enjoy a residence that can also generate income.Floor-to-ceiling windows frame spectacular 180-degree views of Biscayne Bay, the Miami skyline, and the city’s ever-changing energy,Inside, refined contemporary interiors feature 9'2" ceilings, designer finishes, smart-home technology, and a chef-inspired kitchen outfitted with premium appliances. The open-concept layout, generous bedrooms, and elegant furnishings create a sophisticated retreat that feels equally at home as a private residence or a high-end income-producing property.But the experience extends far beyond your front door. The Elser delivers a resort-inspired collection of amenities designed to make everyday life feel like a vacation—including a spectacular rooftop infinity pool with panoramic city and bay views, 24-hour concierge service, valet parking, a state-of-the-art fitness center, and thoughtfully curated outdoor spacesLocated in the heart of Downtown Miami, you're moments from Bayfront Park, Biscayne Boulevard, world-class dining, nightlife, entertainment, cultural destinations, and the waterfront, placing the best of the city directly outside your door.This is Miami living—elevated

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 2022
Number of Stories: 37
Garage Spaces: 1
Attached Garage: Yes
Parking: Attached / Garage / Guest / Valet
Living Sq Ft: 1,135
Total Sq Ft: 1,135

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Ice Maker / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Heat Pump
Flooring: Wood
Interior Features: Built In Features / Closet Cabinetry / Main Level Primary / Other / Bar

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Heated
Patio & Porch: Open / Balcony
View: Bay / Skyline / Water

Community & HOA

HOA Fee: $1,560 / Monthly
HOA Includes: Cable Tv / Insurance / Pest Control / Pools / Recreation Facilities / Reserve Fund / Security / Trash / Water
Association Amenities: Business Center / Elevators / Fitness Center / Maintenance Grounds / Management / Pool / Parking / Sauna / Spa Hot Tub / Trash
Security: Security System / Elevator Secured / Fire Alarm / Fire Sprinkler System / Secured Garage Parking / Smoke Detectors
Pets Allowed: No
Financing Terms: Cash
Restrictions: Ok To Lease
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: 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 →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th Street 2118, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 2118, 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 2118, Miami, FL 33132 still available?: 398 NE 5th Street 2118, Miami, FL 33132 is currently listed as Active, and has been on the market 40 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 2118, Miami, FL 33132?: With 20% down ($245,000) on the $1,225,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2118, Miami, FL 33132 is about $6,438/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 2118, 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 2118, 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 2118, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 2118, Miami, FL 33132 carries an HOA fee of about $1,560 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 2118, Miami, FL 33132?: 398 NE 5th Street 2118, 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 2118, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 2118, 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 Miami Property Shop

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 August 30, 2026.

$1,225,000

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Listed by Maxine Siegler, Miami Property Shop

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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 $517 per square foot. The most recent closed on October 15, 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.