How do I schedule a tour of 398 NE 5th Street 3406, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 3406, 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 3406, Miami, FL 33132 still available?

398 NE 5th Street 3406, Miami, FL 33132 is currently listed as Sold, and has been on the market 47 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 3406, Miami, FL 33132?

With 20% down ($99,800) on the $499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 3406, Miami, FL 33132 is about $2,622/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 3406, 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 3406, 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 3406, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 3406, Miami, FL 33132 carries an HOA fee of about $505 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

Can I negotiate the price of 398 NE 5th Street 3406, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 3406, 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

47 Days on Market

All Listings

$499,000

398 NE 5th Street 3406

Miami, FL 33132

THE ELSER

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

Bedrooms

Bathrooms

443

Living Sq Ft

2022

Year Built

Estimated monthly payment

$2,622 /mo

Principal and interest only, based on $99,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $505/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $499,000
Days on Site: 47 Days
Bedrooms: 1
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 443 sqft
Total Sq Ft: 443 sqft
Year Built: 2022
Property Type: Condo
MLS #: A11918517
Property Tax: $11,098 (2024)
HOA Fees: $505 / Monthly
Subdivision: THE ELSER
County: Miami Dade
Status: Sold
Special Conditions: Listed As Is

About This Property

STUNNING NEW BUILDING WITH UNOBSTRUCTED DIRECT BAYVIEWS Furnished, 9-ft ceiling with floor-to-ceiling windows, balcony with dazzling views, porcelain tiles, washer/dryer custom Italian kitchen. smart keyless entry, smart thermostat, glass-enclosed showers, matte black kitchen, and fully built-out California-style closets. amenities, including a lobby with cocktail bar and restaurant over 19,000 square foot double-height amenity deck overlooking Downtown Miami and Biscayne Bay, curated art and green walls throughout all common areas, 132-foot resort-style pool with private lounge areas, 16-foot-long poolside screening LED wall, sky entertainment lounge and grilling terrace featuring eight grills, two-level co-working Lab featuring 11 reservable conference rooms, and a coffee lounge

Virtual Tour

General Features

Property Type: Condo
Status: Sold
Year Built: 2022
Property Condition: Resale
Number of Stories: 41
Garage Spaces: 1
Attached Garage: Yes
Parking: Attached / Garage / Valet
Living Sq Ft: 443
Total Sq Ft: 443

Interior Features

Appliances: Microwave / Refrigerator
Cooling: Central Air
Heating: Central
Flooring: Ceramic Tile
Interior Features: Bedroom On Main Level / Closet Cabinetry / Elevator / Bar
Furnished: Furnished

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / None
View: Bay

Community & HOA

HOA Fee: $505 / Monthly
HOA Includes: Hvac
Association Amenities: Business Center / Fitness Center
Security: Lobby Secured
Pets Allowed: Pet Restrictions / Yes
55+ Community: Yes
Financing Terms: Cash / Conventional
MLS Area: 2410

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
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 3406, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 3406, 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 3406, Miami, FL 33132 still available?: 398 NE 5th Street 3406, Miami, FL 33132 is currently listed as Sold, and has been on the market 47 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 3406, Miami, FL 33132?: With 20% down ($99,800) on the $499,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 3406, Miami, FL 33132 is about $2,622/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 3406, 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 3406, 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 3406, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 3406, Miami, FL 33132 carries an HOA fee of about $505 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 398 NE 5th Street 3406, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 3406, 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 Sunstone Brokers

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 July 1, 2026.

$499,000