$699,000
398 NE 5th Street 2805
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
- $699,000
- Price per sq ft
- $1,581
- Original price
- Unchanged
- Days on market
- 3
This 1-bedroom condo in ZIP 33132 is listed at $699,000, or $1,581 per square foot. It has been on the market for 3 days.
Estimated monthly payment
$3,674 /mo
Principal and interest only, based on $139,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $680/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $699,000
- Days on Site
- 3 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 442 sqft
- Total Sq Ft
- 442 sqft
- Year Built
- 2022
- Property Type
- Condo
- MLS #
- A12103466
- Property Tax
- $10,703 (2025)
- HOA Fees
- $680 / Monthly
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.
General Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2022
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 49
- Garage Spaces
- 1
- Living Sq Ft
- 442
- Total Sq Ft
- 442
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal
- Cooling
- Other
- Heating
- Electric / Other
- Flooring
- Ceramic Tile
- Interior Features
- Breakfast Area / Eat In Kitchen / Elevator / Living Dining Room / Other / Bar
- Furnished
- Furnished
Exterior Features
- Exterior Features
- Other
- Architectural Style
- Other
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Intracoastal Access / Other
- View
- Intercoastal / Other / Skyline / Water
Community & HOA
- HOA Fee
- $680 / Monthly
- HOA Includes
- Cable Tv
- Association Amenities
- Business Center / Cabana / Fitness Center / Maintenance Grounds / Spa Hot Tub / Elevators
- Security
- Elevator Secured / Fire Alarm / Lobby Secured / Window Bars
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- Other Restrictions / See Remarks
- MLS Area
- 2420
Schools
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Area
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
- 9,401
- Median List Price
- $640,000
- Median $/Sq Ft
- $507
- Avg Days on Market
- 144
Frequently Asked Questions
- How do I schedule a tour of 398 NE 5th Street 2805, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 398 NE 5th Street 2805, 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 2805, Miami, FL 33132 still available?
- 398 NE 5th Street 2805, Miami, FL 33132 is currently listed as Active, and has been on the market 3 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 2805, Miami, FL 33132?
- With 20% down ($139,800) on the $699,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 2805, Miami, FL 33132 is about $3,674/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 2805, 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 2805, 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 2805, Miami, FL 33132 have an HOA fee?
- Yes: 398 NE 5th Street 2805, Miami, FL 33132 carries an HOA fee of about $680 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 2805, Miami, FL 33132?
- 398 NE 5th Street 2805, 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 2805, Miami, FL 33132?
- Often, yes. The right offer on 398 NE 5th Street 2805, 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 Cays LLC
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 October 9, 2026.
$699,000
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Listed by Handan Gucyilmaz Gunay, Cays LLC
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Recent Sales
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 $544 per square foot. The most recent closed on October 2, 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.
Sold$2,200,000
Sold · October 2, 2026
488 NE 18th Street 3715
3 bed · 4 bath · 2,018 sqft · $1,090/sqft
$75,000 under the asking price
Sold$700,000
Sold · September 30, 2026
888 Biscayne Boulevard 2701
2 bed · 2 bath · 1,315 sqft · $532/sqft
$20,000 under the asking price
Sold$350,000
Sold · September 30, 2026
1750 N Bayshore Drive 4912
1 bed · 1 bath · 791 sqft · $442/sqft
$33,000 under the asking price
Sold$2,025,000
Sold · September 30, 2026
488 NE 18th Street 715
3 bed · 4 bath · 2,018 sqft · $1,003/sqft
$74,000 under the asking price
Sold$270,000
Sold · September 30, 2026
234 NE 3rd Street 909
1 bed · 1 bath · 625 sqft · $432/sqft
$19,000 under the asking price
Sold$415,000
Sold · September 30, 2026
1900 N Bayshore Drive 504
1 bed · 1 bath · 763 sqft · $544/sqft
$10,000 under the asking price
See every recorded sale in ZIP 33132 or find out what your ZIP 33132 home is worth.
