$1,550,000
398 NE 5th Street 4001
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
- $1,550,000
- Price per sq ft
- $1,348
- Vs. nearby sales
- 139% above
- Days on market
- 2
This 3-bedroom condo in ZIP 33132 is listed at $1,550,000, or $1,348 per square foot. It has been on the market for 2 days. The 6 most recent condo sales in the closings shown below sold at a median of $564 per square foot, so the asking price is 139% above what comparable homes here actually sold for.
Estimated monthly payment
$8,146 /mo
Principal and interest only, based on $310,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,776/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,550,000
- Days on Site
- 2 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 1,150 sqft
- Total Sq Ft
- 1,150 sqft
- Year Built
- 2022
- Property Type
- Condo
- MLS #
- A12114472
- Property Tax
- $23,423 (2025)
- HOA Fees
- $1,776 / Monthly
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Experience panoramic Biscayne Bay and Downtown Miami views from this fully furnished 3-bedroom, 3-bathroom corner residence at The Elser Hotel & Residences. Floor-to-ceiling windows, 9'2" ceilings, and an expansive wraparound balcony create a bright setting for enjoying Miami’s waterfront and skyline. The thoughtfully appointed interior features a premium kitchen, high-end appliances, smart-home technology, and elegant furnishings. Short-term rental flexibility accommodates personal enjoyment and potential rental income, subject to applicable requirements. Resort-style amenities include an infinity pool, a state-of-the-art fitness center, concierge, and valet service. Ideally located near Bayfront Park, dining, shopping, and entertainment, this residence offers a distinctive opportunity to own in the heart of Downtown Miami. Contact us to arrange a private showing. UNIT RENTED.AVAILABLE TO RENT AIRBNB
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2022
- Property Condition
- Resale
- Number of Stories
- 47
- Garage Spaces
- 1
- Living Sq Ft
- 1,150
- Total Sq Ft
- 1,150
Interior Features
- Appliances
- Dishwasher / Electric Range / Microwave / Refrigerator
- Cooling
- Other
- Heating
- Other
- Flooring
- Other
- Interior Features
- Closet Cabinetry / Other / Bar
- Laundry
- Washer Hookup / Dryer Hookup
Exterior Features
- Construction
- Block
- Exterior Features
- Other
- Pool Features
- Association
- Waterfront
- Yes
- Waterfront Features
- Bayfront / None / Other
- View
- Bay
Community & HOA
- HOA Fee
- $1,776 / Monthly
- HOA Includes
- Cable Tv / Internet
- Association Amenities
- Beach Rights / Business Center / Fitness Center / Maintenance Grounds / Other / Pool
- Security
- Other
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- 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
- 10,620
- Under Contract
- 1,797
- Median List Price
- $645,000
- Median Sale Price (October)
- $585,000
- Median $/Sq Ft
- $508
- Avg Days on Market
- 153
Frequently Asked Questions
- How do I schedule a tour of 398 NE 5th Street 4001, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 398 NE 5th Street 4001, 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 4001, Miami, FL 33132 still available?
- 398 NE 5th Street 4001, Miami, FL 33132 is currently listed as Active, and has been on the market 2 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 4001, Miami, FL 33132?
- With 20% down ($310,000) on the $1,550,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 4001, Miami, FL 33132 is about $8,146/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 4001, 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 4001, 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 4001, Miami, FL 33132 have an HOA fee?
- Yes: 398 NE 5th Street 4001, Miami, FL 33132 carries an HOA fee of about $1,776 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 4001, Miami, FL 33132?
- 398 NE 5th Street 4001, 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 4001, Miami, FL 33132?
- Often, yes. The right offer on 398 NE 5th Street 4001, 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 Urban Development & Investments 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 November 14, 2026.
$1,550,000
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Listed by Vanesa Seijas, Urban Development & Investments 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 $570 per square foot. The most recent closed on November 9, 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$347,000
Sold · November 9, 2026
1750 N Bayshore Drive 3403
1 bed · 1 bath · 791 sqft · $439/sqft
$12,000 under the asking price
Sold$1,100,000
Sold · November 6, 2026
900 Biscayne Boulevard 2602
3 bed · 3 bath · 1,575 sqft · $698/sqft
$99,000 under the asking price
Sold$770,000
Sold · November 2, 2026
1900 N Bayshore Drive 5103
2 bed · 2.5 bath · 1,380 sqft · $558/sqft
$29,000 under the asking price
Sold$530,000
Sold · October 30, 2026
888 Biscayne Boulevard 2511
1 bed · 1.5 bath · 845 sqft · $627/sqft
$69,000 under the asking price
Sold$370,000
Sold · October 30, 2026
1800 N Bayshore Drive 4102
1 bed · 1 bath · 841 sqft · $440/sqft
$23,900 under the asking price
- Photo Coming SoonSold
$575,000
Sold · October 30, 2026
1600 NE 1st Avenue 3120
2 bed · 2 bath · 1,009 sqft · $570/sqft
See every recorded sale in ZIP 33132 or find out what your ZIP 33132 home is worth.
