How do I schedule a tour of 398 NE 5th 4118, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th 4118, 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 4118, Miami, FL 33132 still available?

398 NE 5th 4118, Miami, FL 33132 is currently listed as Active, and has been on the market 1 day. 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 4118, Miami, FL 33132?

With 20% down ($279,800) on the $1,399,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th 4118, Miami, FL 33132 is about $7,352/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 4118, 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 4118, 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 4118, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th 4118, Miami, FL 33132 carries an HOA fee of about $1,716 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 4118, Miami, FL 33132?

398 NE 5th 4118, 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 4118, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th 4118, 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.

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1 Day on Market

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$1,399,000

398 NE 5th 4118

Miami, FL 33132

The Elser Residences

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

Bedrooms

Bathrooms

1,135

Living Sq Ft

2022

Year Built

Estimated monthly payment

$7,352 /mo

Principal and interest only, based on $279,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,716/mo HOA are not included.

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Listing Snapshot

Price: $1,399,000
Days on Site: 1 Days
Bedrooms: 3
Total Baths: 3
Full Baths: 3
Partial Baths: 0
Living Area: 1,135 sqft
Year Built: 2022
Property Type: Condo
MLS #: A12077007
Property Tax: $23,345 (2025)
HOA Fees: $1,716 / Monthly
Subdivision: The Elser Residences
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, with daily rentals permitted. Featuring floor-to-ceiling impact windows, modern open-concept design, and stunning Biscayne Bay and Miami skyline views. Turnkey and ideal for personal use or income generation. Enjoy resort-style amenities including rooftop pool, fitness center, 24-hour concierge, valet, and more, just steps from Bayfront Park, dining, entertainment, and the waterfront.

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General Features

Property Type: Condo
Status: Active
Year Built: 2022
Property Condition: Resale
Number of Stories: 47
Garage Spaces: 0
Living Sq Ft: 1,135

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Interior Features: Built In Features / Closet Cabinetry / Elevator / None / Other / Bar

Exterior Features

Construction: Block
Exterior Features: Balcony / Lighting / Outdoor Living Area
Pool Features: Association
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / None
View: Bay / Water

Community & HOA

HOA Fee: $1,716 / Monthly
HOA Includes: Common Areas / Cable Tv / Insurance / Maintenance Structure / Pools / Recreation Facilities / Sewer / Trash / Water
Association Amenities: Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Parking / Sauna / Spa Hot Tub / Trash / Elevators
Security: Security System / Fire Alarm / Fire Sprinkler System / Lobby Secured / Smoke Detectors / Security Guard
Pets Allowed: Yes
Financing Terms: Cash / Conventional / FHA / Va Loan
MLS Area: 2420

Schools

Elementary School: Frederick Douglass
Middle School: Jose De Diego
High School: Booker T. Washington

About the Community

The Elser Residences

View Community Details →

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 Realty lists homes in The Elser Residences for 1% commission and represents buyers at no cost.

Homes for Sale: 4
Under Contract: 0
Median List Price: $1,339,000
Median $/Sq Ft: $1,239
Avg Days on Market: 175

View all 4 homes for sale in The Elser Residences →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th 4118, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th 4118, 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 4118, Miami, FL 33132 still available?: 398 NE 5th 4118, Miami, FL 33132 is currently listed as Active, and has been on the market 1 day. 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 4118, Miami, FL 33132?: With 20% down ($279,800) on the $1,399,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th 4118, Miami, FL 33132 is about $7,352/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 4118, 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 4118, 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 4118, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th 4118, Miami, FL 33132 carries an HOA fee of about $1,716 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 4118, Miami, FL 33132?: 398 NE 5th 4118, 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 4118, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th 4118, 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 August 30, 2026.

$1,399,000