How do I schedule a tour of 398 NE 5th Street 4015, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 4015, 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 4015, Miami, FL 33132 still available?

398 NE 5th Street 4015, Miami, FL 33132 is currently listed as Active, and has been on the market 194 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 4015, Miami, FL 33132?

With 20% down ($135,000) on the $674,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 4015, Miami, FL 33132 is about $3,547/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 4015, 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 4015, 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 4015, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 4015, Miami, FL 33132 carries an HOA fee of about $2,583 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 4015, Miami, FL 33132?

398 NE 5th Street 4015, 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 4015, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 4015, 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

194 Days on Market

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$674,999

398 NE 5th Street 4015

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: $674,999
Price per sq ft: $1,205
Vs. nearby sales: 139.1% above
Days on market: 194

This 1-bedroom condo in ZIP 33132 is listed at $674,999, or $1,205 per square foot. The asking price has come down 17.6% from its original $819,000. It has been on the market for 194 days. The 6 most recent condo sales in the closings shown below sold at a median of $504 per square foot, so the asking price is 139.1% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

560

Living Sq Ft

2022

Year Built

Estimated monthly payment

$3,547 /mo

Principal and interest only, based on $135,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price: $674,999
Days on Site: 194 Days
Bedrooms: 1
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 560 sqft
Total Sq Ft: 560 sqft
Year Built: 2022
Property Type: Condo
MLS #: B26010042
Property Tax: $11,000 (2025)
HOA Fees: $2,583 / Quarterly
Subdivision: MAP OF MIAMI DADE CO. FL. PB B-41
County: Miami Dade
Status: Active
Special Conditions: Standard / Listed As Is

About This Property

Welcome to The Elser - the embodiment of what it means to own real estate in Miami. At the intersection of luxury & investment, this fully furnished, private corner unit features breathtaking water views only minutes from the airport and Miami Beach. The timeless design, supreme location and income generating potential makes it the perfect lifestyle investment for future owners. The City of Miami is one of the most globally recognized municipalities in the world. Don't miss the opportunity to own a piece of it. World Class Amenities: Rooftop Pool Deck & Bar Restaurant, State of The Art Fitness Facility, Steps away from Miami Heat's Arena.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 2022
Property Condition: Resale
Number of Stories: 49
Levels: One
Garage Spaces: 0
Attached Garage: Yes
Parking: Attached / Garage / Valet
Direction Faces: Southeast
Lot Size (Acres): 0
Living Sq Ft: 560
Total Sq Ft: 560
Structure Type: Multi Family
Sewer: Public Sewer
Water Source: Public
Zoning: 6401

Interior Features

Appliances: Dryer / Dishwasher / Disposal / Ice Maker / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Other
Interior Features: Built In Features / Main Level Primary / Other / Walk In Closets / Bar
Laundry: Washer Hookup / Washer Dryer Install Allowed
Main Level Bedrooms: 1
Main Level Baths: 1
Total Rooms: 3
Furnished: Furnished

Exterior Features

Construction: CBS Concrete Block Structure / Block
Roof: Other
Exterior Features: Balcony / Lighting / Outdoor Living Area
Pool Features: Association
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / None
View: Ocean / Other

Community & HOA

HOA Fee: $2,583 / Quarterly
HOA Includes: Common Areas / Maintenance Structure
Association Amenities: Cabana / Clubhouse / Fitness Center / Maintenance Grounds / Hobby Room / Other / Picnic Area / Pool / Restaurant / Spa Hot Tub
Security: Closed Circuit Cameras / Secured Garage Parking / Key Card Entry / Lobby Secured / Other / Phone Entry
Utilities: Cable Available / Other
Pets Allowed: Number Limit / Pet Fee / Yes
Financing Terms: Cash / Conventional / Other
Restrictions: Other 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 4015, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 4015, 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 4015, Miami, FL 33132 still available?: 398 NE 5th Street 4015, Miami, FL 33132 is currently listed as Active, and has been on the market 194 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 4015, Miami, FL 33132?: With 20% down ($135,000) on the $674,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 4015, Miami, FL 33132 is about $3,547/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 4015, 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 4015, 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 4015, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 4015, Miami, FL 33132 carries an HOA fee of about $2,583 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 4015, Miami, FL 33132?: 398 NE 5th Street 4015, 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 4015, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 4015, 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 Compass Florida, 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 June 23, 2026.

$674,999

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Listed by David Omachonu, Compass Florida, LLC

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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.