How do I schedule a tour of 398 NE 5th Street 2314, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 2314, 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 2314, Miami, FL 33132 still available?

398 NE 5th Street 2314, Miami, FL 33132 is currently listed as Active, and has been on the market 20 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 2314, Miami, FL 33132?

With 20% down ($178,000) on the $890,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2314, Miami, FL 33132 is about $4,677/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 2314, 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 2314, 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 2314, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 2314, Miami, FL 33132 carries an HOA fee of about $1,023 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 2314, Miami, FL 33132?

398 NE 5th Street 2314, 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 2314, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 2314, 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

20 Days on Market

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All Listings

$890,000

398 NE 5th Street 2314

Miami, FL 33132

THE ELSER RESIDENCES

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

Price Check

How this price compares

List price: $890,000
Price per sq ft: $1,338
Vs. nearby sales: 137.2% above
Days on market: 20

This 1-bedroom condo in ZIP 33132 is listed at $890,000, or $1,338 per square foot. It has been on the market for 20 days. The 6 most recent condo sales in the closings shown below sold at a median of $564 per square foot, so the asking price is 137.2% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

665

Living Sq Ft

2022

Year Built

Estimated monthly payment

$4,677 /mo

Principal and interest only, based on $178,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,023/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $890,000
Days on Site: 20 Days
Bedrooms: 1
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 665 sqft
Total Sq Ft: 665 sqft
Year Built: 2022
Property Type: Condo
MLS #: A12112392
Property Tax: $14,318 (2025)
HOA Fees: $1,023 / Monthly
Subdivision: THE ELSER RESIDENCES
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

THE ONLY 1 BEDROOM AVAILABLE WITH 2 FULL BATHROOMS AT THE ELSER RESIDENCES IN DOWNTOWN MIAMI. THE LARGEST 1 BEDROOM LINE IN THE BUILDING. Exceptional opportunity to own a direct OCEAN VIEW residence, the only line in the building offering this layout. DAILY RENTALS LIKE AIRBNB ARE PERMITTED, making this residence ideal for short-term rental investors, Floor-to-ceiling glass opens to a spacious balcony accessible from both the living room and the bedroom, maximizing light, views, and indoor-outdoor living. as well as second- home buyers seeking flexibility and income potential. Offered fully furnished and fully equipped, ready for immediate use or rental. Located in a full-service, hotel-managed luxury building, owners and guests enjoy resort- style amenities including 24/7 concierge, valet, professional management, rooftop pool with panoramic views, fitness center, spa-inspired amenities, and on-site dining and lounge areas. Prime Downtown location steps from Bayside, Bayfront Park, Miami Worldcenter, Brickell, and major cultural and entertainment venues. Easy access to Miami Beach, the airport, and highways. THE ONLY 1 BEDROOM AVAILABLE WITH 2 FULL BATHROOMS AT THE ELSER RESIDENCES IN DOWNTOWN MIAMI. THE LARGEST 1 BEDROOM LINE IN THE BUILDING.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 2022
Number of Stories: 46
Garage Spaces: 1
Parking: Covered / Detached / Garage / Valet
Direction Faces: Southeast
Living Sq Ft: 665
Total Sq Ft: 665

Interior Features

Appliances: Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Ceramic Tile
Interior Features: Closet Cabinetry / Eat In Kitchen / Elevator / Living Dining Room / Separate Shower / Walk In Closets / Bar
Laundry: Washer Hookup / Dryer Hookup
Windows: Blinds
Furnished: Furnished

Exterior Features

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

Community & HOA

HOA Fee: $1,023 / Monthly
HOA Includes: Cable Tv / Hvac / Hot Water / Insurance / Internet / Pools / Recreation Facilities / Reserve Fund / Sewer / Security / Trash / Water
Association Amenities: Fitness Center / Maintenance Grounds / Pool / Spa Hot Tub
Security: Elevator Secured / Smoke Detectors / Security Guard
Pets Allowed: Cats Ok / Dogs Ok / Pet Restrictions / Yes
Financing Terms: Conventional / Cryptocurrency / Exchange1031 / Lease Purchase
Restrictions: No Restrictions / Other Restrictions / Ok To Lease / Short Term Rentals Allowed
MLS Area: 2420

This home's HOA fee works out to $1,023 a month, 36% below the $1,604 median across 5 homes for sale in this community. See the community's HOA fees

Schools

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

About the Community

The Elser Residences

View Community Details →

The Elser Residences is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $899,900 to $1,400,000. Homes were built starting 2022. Pure Equity lists homes in The Elser Residences 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: 5
Under Contract: 0
Median List Price: $1,299,000
Median $/Sq Ft: $1,245
Avg Days on Market: 160

View all 5 homes for sale in The Elser Residences →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th Street 2314, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 2314, 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 2314, Miami, FL 33132 still available?: 398 NE 5th Street 2314, Miami, FL 33132 is currently listed as Active, and has been on the market 20 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 2314, Miami, FL 33132?: With 20% down ($178,000) on the $890,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2314, Miami, FL 33132 is about $4,677/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 2314, 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 2314, 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 2314, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 2314, Miami, FL 33132 carries an HOA fee of about $1,023 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 2314, Miami, FL 33132?: 398 NE 5th Street 2314, 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 2314, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 2314, 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 Avanti Way Brickell

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 November 14, 2026.

$890,000

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Listed by Henry A Arevalo Maris, Avanti Way Brickell

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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 $570 per square foot. The most recent closed on November 9, 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.