How do I schedule a tour of 398 NE 5th Street 2316, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 2316, 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 2316, Miami, FL 33132 still available?

398 NE 5th Street 2316, Miami, FL 33132 is currently listed as Sold, and has been on the market 230 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 2316, Miami, FL 33132?

With 20% down ($95,000) on the $475,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2316, Miami, FL 33132 is about $2,496/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 2316, 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 2316, 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 2316, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 2316, Miami, FL 33132 carries an HOA fee of about $2,100 quarterly. 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 2316, Miami, FL 33132?

398 NE 5th Street 2316, 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 2316, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 2316, 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.

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Sold

230 Days on Market

All Listings

$475,000

398 NE 5th Street 2316

Miami, FL 33132

THE ELSER

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

Bedrooms

Bathrooms

362

Living Sq Ft

2022

Year Built

Estimated monthly payment

$2,496 /mo

Principal and interest only, based on $95,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $475,000
Days on Site: 230 Days
Bedrooms: 0
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 362 sqft
Total Sq Ft: 362 sqft
Year Built: 2022
Property Type: Condo
MLS #: A11877428
Property Tax: $9,668 (2024)
HOA Fees: $2,100 / Quarterly
Subdivision: THE ELSER
County: Miami Dade
Status: Sold
Special Conditions: Listed As Is

About This Property

Fabulous Studio Hotel/Condo unit located in the heart of Downtown Miami. This unit features a full kitchen with all appliances, is completely furnished with modern furniture and flat screen TV. King size bed and pull out couch for extra room. Unbelievable East Miami Views of Miami Beach and Biscayne Bay. This Hotel Condo features a wrap around pool, two story gym, valet parking and so much more! Location offers easy access to Kaseya Center, Bayside Marketplace, All Major Roadways, Port of Miami, Public Parks and Public Transportation! Enjoy world-class amenities, stunning water vistas, and the flexibility of short or long-term rentals, an excellent investment opportunity with outstanding income potential. Don't miss it!

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General Features

Property Type: Condo
Status: Sold
Year Built: 2022
Number of Stories: 40
Garage Spaces: 1
Living Sq Ft: 362
Total Sq Ft: 362

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Ceramic Tile
Interior Features: Bedroom On Main Level / Separate Shower / Bar

Exterior Features

Construction: Block
Exterior Features: Balcony / Lighting / Outdoor Living Area / Other
Pool Features: Association
Patio & Porch: Open / Balcony
View: Bay

Community & HOA

HOA Fee: $2,100 / Quarterly
HOA Includes: Common Areas / Cable Tv / Hot Water / Maintenance Grounds / Maintenance Structure / Pools / Security
Association Amenities: Fitness Center / Maintenance Grounds / Pool / Sauna / Spa Hot Tub / Elevators
Security: Security System / Elevator Secured / Key Card Entry
Pets Allowed: Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: Other Restrictions
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: 207

View all 9 homes for sale in The Elser →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th Street 2316, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 2316, 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 2316, Miami, FL 33132 still available?: 398 NE 5th Street 2316, Miami, FL 33132 is currently listed as Sold, and has been on the market 230 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 2316, Miami, FL 33132?: With 20% down ($95,000) on the $475,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2316, Miami, FL 33132 is about $2,496/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 2316, 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 2316, 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 2316, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 2316, Miami, FL 33132 carries an HOA fee of about $2,100 quarterly. 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 2316, Miami, FL 33132?: 398 NE 5th Street 2316, 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 2316, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 2316, 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 BHHS EWM Realty

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 August 30, 2026.

$475,000