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 Realty 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 25 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 ($238,000) on the $1,190,000 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 $6,254/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 Realty 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 (RealManage Elevated Onsite). 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Active

25 Days on Market

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$1,190,000

398 NE 5th Street 2118

Miami, FL 33132

THE ELSER

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

Bedrooms

Bathrooms

1,135

Living Sq Ft

2022

Year Built

Estimated monthly payment

$6,254 /mo

Principal and interest only, based on $238,000 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: $1,190,000
Days on Site: 25 Days
Bedrooms: 3
Total Baths: 3
Full Baths: 3
Partial Baths: 0
Living Area: 1,135 sqft
Total Sq Ft: 1,237 sqft
Year Built: 2022
Property Type: Condo
MLS #: B26041166
Property Tax: $21,109 (2025)
HOA Fees: $1,560 / Monthly
Subdivision: THE ELSER
Development: THE ELSER
County: Miami Dade
Status: Active
Special Conditions: Standard / Listed As Is

About This Property

Sophisticated Fully Furnished 3BR/3BA Corner Unit Residence at The Elser Hotel & Residences. Discover unmatched luxury in thisDowntown Miami turnkey unit, featuring floor-to-ceiling windows and a 180-degree balcony showcasing panoramic Biscayne Bay and city skyline vistas. Highlights include a gourmet kitchen with premium appliances, 9'2'' ceilings, smart home tech, and designer finishes. Ideal for investors (unrestricted short-term rentals) or full-time luxury living. Building amenities: rooftop infinity pool, 24/7 concierge, valet, and fitness center. Steps from Bayfront Park, Michelin-starred dining, and Biscayne Boulevard's vibrant scene. A rare blend of elegance, location, and investment potential. Schedule your private tour today!

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General Features

Property Type: Condo
Status: Active
Year Built: 2022
Property Condition: Resale
Number of Stories: 47
Levels: One
Garage Spaces: 1
Attached Garage: Yes
Parking: Assigned / Attached / Garage / Guest / Valet
Direction Faces: Southeast
Lot Size (Acres): 0
Living Sq Ft: 1,135
Total Sq Ft: 1,237
Structure Type: Multi Family
Sewer: Public Sewer
Water Source: Public
Zoning: RES

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Ceramic Tile
Interior Features: Kitchen Dining Combo / Living Dining Room / Split Bedrooms / Separate Shower / Walk In Closets
Laundry: Washer Hookup / Inside / Laundry Closet / Washer Dryer Install Allowed
Windows: Blinds / Sliding
Main Level Bedrooms: 3
Main Level Baths: 3
Total Rooms: 4
Furnished: Furnished

Exterior Features

Construction: Concrete
Roof: Concrete
Exterior Features: Balcony / Outdoor Living Area
Architectural Style: Contemporary
Pool Features: Association
Patio & Porch: Open / Wrap Around / Balcony
Waterfront Features: None / Ocean Front
View: Bay / City / Water

Community & HOA

HOA Fee: $1,560 / Monthly
HOA Name: RealManage Elevated Onsite
HOA Includes: Cable Tv / Insurance / Legal Accounting / Maintenance Grounds / Pools / Reserve Fund / Sewer / Trash / Water / Internet
Association Amenities: Clubhouse / Fitness Center / Management / Pool / Parking / Restaurant
Community Features: Property Manager On Site
Security: Security System / Building Security / Key Card Entry / Smoke Detectors
Utilities: Cable Connected / Electricity Connected / Sewer Available / Water Available
Pets Allowed: No
Financing Terms: Cash / Conventional
Restrictions: Buyer Approval Required / Rental Restriction
MLS Area: 2420

Schools

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

About the Community

The Elser

View Community Details →

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 Realty lists homes in The Elser for 1% commission and represents buyers at no cost.

Homes for Sale: 9
Under Contract: 1
Median List Price: $850,000
Median $/Sq Ft: $1,486
Avg Days on Market: 208

View all 9 homes for sale in The Elser →

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 Realty 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 25 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 ($238,000) on the $1,190,000 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 $6,254/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 Realty 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 (RealManage Elevated Onsite). 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Linart Realty, 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 June 23, 2026.

$1,190,000