How do I schedule a tour of 398 NE 5th Street 3907, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 3907, 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 3907, Miami, FL 33132 still available?

398 NE 5th Street 3907, Miami, FL 33132 is currently listed as Active, and has been on the market 89 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 3907, Miami, FL 33132?

With 20% down ($170,000) on the $850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 3907, Miami, FL 33132 is about $4,467/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 3907, 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 3907, 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 3907, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 3907, Miami, FL 33132 carries an HOA fee of about $567 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 3907, Miami, FL 33132?

398 NE 5th Street 3907, 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 3907, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 3907, 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

89 Days on Market

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All Listings

$850,000

398 NE 5th Street 3907

Miami, FL 33132

MAP OF MIAMI DADE CO. FL. PB B-41

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

Price Check

How this price compares

List price: $850,000
Price per sq ft: $1,923
Vs. nearby sales: 257.4% above
Days on market: 89

This 1-bedroom condo in ZIP 33132 is listed at $850,000, or $1,923 per square foot. It has been on the market for 89 days. The 6 most recent condo sales in the closings shown below sold at a median of $538 per square foot, so the asking price is 257.4% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

442

Living Sq Ft

2022

Year Built

Estimated monthly payment

$4,467 /mo

Principal and interest only, based on $170,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $567/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $850,000
Days on Site: 89 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 #: B26050574
Property Tax: $11,509 (2025)
HOA Fees: $567 / Monthly
Subdivision: MAP OF MIAMI DADE CO. FL. PB B-41
Development: The Elser
County: Miami Dade
Status: Active
Special Conditions: Standard

About This Property

Beautiful and captivating studio on the 39th Floor at The Elser Residences. This unit is an amazing opportunity for investors and buyers alike. With this unit you are getting a beautiful and comfy studio where you can kickback and enjoy in any way you see fit! Overlooking the Kesaya Center and ocean bay you'll be close to some of the best attractions Miami has to offer. Including, the Frost Museum, Perez Art Museum, Bayfront Park and Bayside Marketplace there are numerous things to do. The Elser provides a fitness center, pool, spa and sauna for all your relaxation needs as well. Having such a vast amount of choices in amenities this makes for an amazing rental that you can manage on your own or with The Elser's rental program.

Virtual Tour

General Features

Property Type: Condo
Status: Active
Year Built: 2022
Property Condition: New Construction
New Construction: Yes
Number of Stories: 47
Levels: One
Garage Spaces: 1
Attached Garage: Yes
Parking: Attached / Covered / Electric Vehicle Charging Stations / Garage / Guest / Valet
Direction Faces: East
Lot Size (Acres): 0
Living Sq Ft: 442
Total Sq Ft: 442
Structure Type: Multi Family
Sewer: Public Sewer
Water Source: Public
Zoning: 6401

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Disposal / Microwave / Oven / Refrigerator / Washer
Cooling: Central Air
Heating: Electric
Flooring: Ceramic Tile
Spa: Yes
Spa Features: Heated / In Ground
Interior Features: Bedroom On Main Level / Closet Cabinetry / Kitchen Dining Combo / Main Level Primary / Walk In Closets / Bar
Laundry: In Unit / Washer Dryer Install Allowed
Windows: Storm Windows
Main Level Bedrooms: 1
Main Level Baths: 1
Furnished: Furnished

Exterior Features

Construction: CBS Concrete Block Structure / Block
Roof: Concrete
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association / Heated
Patio & Porch: Glass Enclosed / Open / Balcony
Waterfront Features: Bayfront / None / Ocean Front
View: Bay / City / Ocean / Water

Community & HOA

HOA Fee: $567 / Monthly
HOA Includes: Common Areas / Insurance / Internet / Pools / Water
Association Amenities: Fitness Center / Maintenance Grounds / Pool / Parking / Sauna / Spa Hot Tub / Elevators
Community Features: Home Owners Association
Security: Security System / Elevator Secured / Fire Alarm / Key Card Entry / Lobby Secured
Utilities: Cable Available / Electricity Available / Water Available
Pets Allowed: Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: No Restrictions / Ok To Lease / Short Term Rentals Allowed
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: 9,401
Median List Price: $640,000
Median $/Sq Ft: $507
Avg Days on Market: 144

View all 9,401 homes for sale in Miami →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th Street 3907, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 3907, 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 3907, Miami, FL 33132 still available?: 398 NE 5th Street 3907, Miami, FL 33132 is currently listed as Active, and has been on the market 89 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 3907, Miami, FL 33132?: With 20% down ($170,000) on the $850,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 3907, Miami, FL 33132 is about $4,467/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 3907, 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 3907, 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 3907, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 3907, Miami, FL 33132 carries an HOA fee of about $567 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 3907, Miami, FL 33132?: 398 NE 5th Street 3907, 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 3907, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 3907, 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 Galt Ocean Realty Inc

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 July 19, 2026.

$850,000

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Listed by Julian Morales, Galt Ocean Realty Inc

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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 $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.