How do I schedule a tour of 398 NE 5th Street 4115, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 4115, 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 4115, Miami, FL 33132 still available?

398 NE 5th Street 4115, Miami, FL 33132 is currently listed as Active, and has been on the market 164 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 4115, Miami, FL 33132?

With 20% down ($172,000) on the $860,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 4115, Miami, FL 33132 is about $4,520/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 4115, 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 4115, 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 4115, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 4115, Miami, FL 33132 carries an HOA fee of about $862 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 4115, Miami, FL 33132?

398 NE 5th Street 4115, 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 4115, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 4115, 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.

Active

164 Days on Market

1 / 27

All Listings

$860,000

398 NE 5th Street 4115

Miami, FL 33132

MAP OF MIAMI DADE CO. FL.

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

Bedrooms

Bathrooms

560

Living Sq Ft

2022

Year Built

Estimated monthly payment

$4,520 /mo

Principal and interest only, based on $172,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $862/mo HOA are not included.

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Listing Snapshot

Price: $860,000
Days on Site: 164 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 #: A11957052
Property Tax: $11,493 (2025)
HOA Fees: $862 / Monthly
Subdivision: MAP OF MIAMI DADE CO. FL.
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Experience elevated downtown living in Unit 4115, a high-floor 1-bedroom, 1-bath ADA compliant residence at The Elser Hotel & Residences, showcasing breathtaking direct bay views and a front-row vantage point to Miami’s future skyline, including the iconic Waldorf Astoria Miami, poised to become the tallest building east of New York City. This rare, flexible-use condo is perfectly suited as a primary residence, luxury second home, or high-performing income asset, with the building’s short-term-rental–friendly policy offering attractive revenue potential and owner flexibility. Thoughtfully designed for modern urban living, the unit combines comfort, accessibility, and strong long-term investment appeal in one turnkey offering. Residents and guests enjoy resort-style amenities and hotel-style services in a premier downtown location, just moments from the waterfront, Miami Worldcenter, world-class dining, entertainment, and cultural venues. Whether you’re seeking an elevated lifestyle base, a lock-and-leave second home, or a strategic foothold in one of Miami’s fastest-growing districts, Unit 4115 delivers exceptional value, versatility, and future upside.

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General Features

Property Type: Condo
Status: Active
Year Built: 2022
Number of Stories: 49
Garage Spaces: 1
Parking: Covered / Valet
Living Sq Ft: 560
Total Sq Ft: 560

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Tile
Interior Features: Other / Walk In Closets / Bar
Furnished: Furnished

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association / Heated
Patio & Porch: Open / Balcony
View: Bay / City / Other

Community & HOA

HOA Fee: $862 / Monthly
HOA Includes: Common Areas / Cable Tv / Insurance / Internet / Maintenance Structure / Sewer / Trash / Water
Association Amenities: Elevators / Fitness Center / Maintenance Grounds / Pool / Sauna / Spa Hot Tub
Community Features: Home Owners Association
Security: Security System / Elevator Secured / Fire Sprinkler System / Secured Garage Parking / Key Card Entry / Other / Smoke Detectors
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional
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 Realty agent to schedule a private showing.

Homes for Sale: 10,916
Under Contract: 1,622
Median List Price: $639,900
Median Sale Price (August): $570,000
Median $/Sq Ft: $498
Avg Days on Market: 130

View all 10,916 homes for sale in Miami →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th Street 4115, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 4115, 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 4115, Miami, FL 33132 still available?: 398 NE 5th Street 4115, Miami, FL 33132 is currently listed as Active, and has been on the market 164 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 4115, Miami, FL 33132?: With 20% down ($172,000) on the $860,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 4115, Miami, FL 33132 is about $4,520/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 4115, 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 4115, 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 4115, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 4115, Miami, FL 33132 carries an HOA fee of about $862 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 4115, Miami, FL 33132?: 398 NE 5th Street 4115, 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 4115, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 4115, 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 EXP Realty LLC

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 June 23, 2026.

$860,000