How do I schedule a tour of 398 NE 5th Street 3305, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 3305, 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 3305, Miami, FL 33132 still available?

398 NE 5th Street 3305, Miami, FL 33132 is currently listed as Active, and has been on the market 46 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 3305, Miami, FL 33132?

With 20% down ($116,000) on the $580,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 3305, Miami, FL 33132 is about $3,048/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 3305, 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 3305, 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 3305, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 3305, Miami, FL 33132 carries an HOA fee of about $2,039 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 3305, Miami, FL 33132?

398 NE 5th Street 3305, 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 3305, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 3305, 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

46 Days on Market

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$580,000

398 NE 5th Street 3305

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: $580,000
Price per sq ft: $1,312
Original price: $599,999
Days on market: 46

This 1-bedroom condo in ZIP 33132 is listed at $580,000, or $1,312 per square foot. The asking price has come down 3.3% from its original $599,999. It has been on the market for 46 days.

Bedrooms

Bathrooms

442

Living Sq Ft

2022

Year Built

Estimated monthly payment

$3,048 /mo

Principal and interest only, based on $116,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $580,000
Days on Site: 46 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 #: A12067653
Property Tax: $10,734 (2025)
HOA Fees: $2,039 / Quarterly
Subdivision: MAP OF MIAMI DADE CO. FL.
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Turnkey bay-view residence at The Elser, in the heart of Downtown Miami. 33rd-floor Residence 3305 offers sweeping Biscayne Bay and Miami skyline views from its private balcony, along with the flexibility of The Elser’s professionally managed hotel rental program. Enjoy your residence when in Miami and rent it when away—an ideal income-producing opportunity for out-of-town and international buyers. Steps from Bayside, Miami Worldcenter, Kaseya Center and the waterfront, this fully furnished 494 SF studio with an additional 41 SF balcony offers the full Elser experience, including a 132-foot rooftop pool, fitness center, concierge and on-site restaurant.Showings are by appointment only and should be scheduled in advance, as the residence is actively offered for short-term rental and may be occupied.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 2022
Number of Stories: 49
Garage Spaces: 0
Parking: Covered / Electric Vehicle Charging Stations / Guest
Living Sq Ft: 442
Total Sq Ft: 442

Interior Features

Appliances: Dryer / Dishwasher / Microwave / Refrigerator
Cooling: Central Air
Heating: Central
Flooring: Ceramic Tile
Interior Features: Built In Features / Closet Cabinetry / Elevator / Living Dining Room / Separate Shower / Walk In Closets / Bar
Laundry: Washer Hookup / Dryer Hookup
Total Rooms: 4
Furnished: Furnished

Exterior Features

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

Community & HOA

HOA Fee: $2,039 / Quarterly
HOA Includes: Common Areas / Cable Tv
Association Amenities: Fitness Center / Maintenance Grounds / Picnic Area / Pool / Trash / Elevators
Security: Elevator Secured / Key Card Entry / Lobby Secured / Security Guard
Utilities: Cable Available
Pets Allowed: Yes
Financing Terms: Cash / Conventional / FHA / Va Loan
Restrictions: No Restrictions
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 3305, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 3305, 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 3305, Miami, FL 33132 still available?: 398 NE 5th Street 3305, Miami, FL 33132 is currently listed as Active, and has been on the market 46 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 3305, Miami, FL 33132?: With 20% down ($116,000) on the $580,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 3305, Miami, FL 33132 is about $3,048/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 3305, 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 3305, 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 3305, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 3305, Miami, FL 33132 carries an HOA fee of about $2,039 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 3305, Miami, FL 33132?: 398 NE 5th Street 3305, 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 3305, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 3305, 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 MRI Realty Group

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.

$580,000

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Listed by Antonio George Mauri Aleman, MRI Realty Group

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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.