$1,379,000
398 NE 5th Street 3618
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,379,000
- Price per sq ft
- $1,215
- Original price
- $1,449,000
- Days on market
- 314
This 3-bedroom condo in ZIP 33132 is listed at $1,379,000, or $1,215 per square foot. The asking price has come down 4.8% from its original $1,449,000. It has been on the market for 314 days.
Estimated monthly payment
$7,247 /mo
Principal and interest only, based on $275,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,746/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,379,000
- Days on Site
- 314 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 1,135 sqft
- Total Sq Ft
- 1,135 sqft
- Year Built
- 2022
- Property Type
- Condo
- MLS #
- A11910614
- Property Tax
- $24,574 (2024)
- HOA Fees
- $1,746 / Monthly
- Subdivision
- The Elser Residences
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Experience elevated living at The Elser Residences in this beautifully appointed 3-bed, 3-bath residence. Thoughtfully designed with breathtaking Biscayne Bay and Downtown Miami views, this home features 9’2” ceilings, floor-to-ceiling impact windows, smart keyless entry, and an Ecobee smart thermostat for ultimate comfort. The open layout blends modern style with everyday functionality. Residents enjoy a collection of curated amenities, a vibrant lifestyle, and unmatched access to Miami’s top dining, entertainment, and cultural destinations. A rare opportunity to own a sophisticated, turn-key home in one of Miami’s most desirable buildings.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2022
- Property Condition
- Resale
- Number of Stories
- 49
- Garage Spaces
- 0
- Living Sq Ft
- 1,135
- Total Sq Ft
- 1,135
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Main Level Primary
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / None
- View
- Bay
Community & HOA
- HOA Fee
- $1,746 / Monthly
- HOA Includes
- Maintenance Structure / Sewer / Water
- Association Amenities
- Business Center / Clubhouse / Elevators / Fitness Center / Maintenance Grounds / Picnic Area / Pool
- Security
- Security System
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Okay To Lease1st Year / Ok To Lease / Short Term Rentals Allowed
- MLS Area
- 2410
This home's HOA fee works out to $1,746 a month, in line with the $1,716 median across 3 homes for sale in this community. See the community's HOA fees
About the Community
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
- 3
- Median List Price
- $1,299,000
- Median $/Sq Ft
- $1,215
- Avg Days on Market
- 227
Frequently Asked Questions
- How do I schedule a tour of 398 NE 5th Street 3618, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 398 NE 5th Street 3618, 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 3618, Miami, FL 33132 still available?
- 398 NE 5th Street 3618, Miami, FL 33132 is currently listed as Active, and has been on the market 314 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 3618, Miami, FL 33132?
- With 20% down ($275,800) on the $1,379,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 3618, Miami, FL 33132 is about $7,247/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 3618, 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 3618, 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 3618, Miami, FL 33132 have an HOA fee?
- Yes: 398 NE 5th Street 3618, Miami, FL 33132 carries an HOA fee of about $1,746 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 3618, Miami, FL 33132?
- Often, yes. The right offer on 398 NE 5th Street 3618, 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 Finanz Butik Realty
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 June 23, 2026.
$1,379,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Priscila Bilbao Freire, Finanz Butik Realty
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
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.
