$540,000
Sold · August 24, 2026
398 NE 5th Street 4207
MAP OF MIAMI DADE CO. FL.
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $540,000
- Vs. list price
- 7.7% under
- Days on market
- 405
- Price per sq ft
- $1,222
This condo in ZIP 33132 sold for $540,000 on August 24, 2026. That was 7.7% below its final list price of $585,000. It first came on the market at $600,000, so the price was adjusted before it sold. It spent 405 days on the market. At $1,222 per square foot, it closed 142.5% above the $504 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $540,000
- Sold On
- August 24, 2026
- Days on Site
- 405 Days
- Bedrooms
- 0
- 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 #
- A11829784
- Property Tax
- $11,772 (2024)
- HOA Fees
- $679 / Monthly
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
The best investments begin with vision. One of the best-priced residences at The Elser , this fully furnished turnkey residence is professionally managed for short-term rentals, offering a seamless ownership experience in the heart of Downtown Miami. Ideally positioned along Biscayne Boulevard , adjacent to the iconic Waldorf Astoria Residences Miami and surrounded by transformative developments including Miami Worldcenter , Brightline, Kaseya Center and Bayside. Perfectly situated within one of Miami's most prestigious luxury growth corridors, this residence presents an exceptional opportunity to enjoy today while investing in tomorrow.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2022
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 49
- Garage Spaces
- 1
- Living Sq Ft
- 442
- Total Sq Ft
- 442
Interior Features
- Appliances
- Dryer / Dishwasher / Microwave
- Cooling
- Central Air
- Heating
- Electric
- Flooring
- Ceramic Tile
- Interior Features
- Elevator
Exterior Features
- Exterior Features
- Balcony / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Private / Association
- Patio & Porch
- Open / Balcony
- Waterfront Features
- Bayfront / Intracoastal Access / None / Ocean Front
- View
- Bay / Intercoastal / Other
Community & HOA
- HOA Fee
- $679 / Monthly
- HOA Includes
- Common Areas / Cable Tv
- Association Amenities
- Fitness Center / Maintenance Grounds / Pool / Elevators
- Security
- Security System / Elevator Secured / Other
- Pets Allowed
- 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
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
Frequently Asked Questions
- How do I schedule a tour of 398 NE 5th Street 4207, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 398 NE 5th Street 4207, 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 4207, Miami, FL 33132 still available?
- 398 NE 5th Street 4207, Miami, FL 33132 is currently listed as Sold, and has been on the market 405 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 4207, Miami, FL 33132?
- With 20% down ($117,000) on the $585,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 4207, Miami, FL 33132 is about $3,074/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 4207, 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 4207, 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 4207, Miami, FL 33132 have an HOA fee?
- Yes: 398 NE 5th Street 4207, Miami, FL 33132 carries an HOA fee of about $679 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 4207, Miami, FL 33132?
- 398 NE 5th Street 4207, 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 4207, Miami, FL 33132?
- Often, yes. The right offer on 398 NE 5th Street 4207, 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 Related General Realty, 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.
$540,000
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Listed by Claudia A Montenegro, Related General Realty, 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 $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.
Sold$230,000
Sold · October 15, 2026
1750 N Bayshore Drive 1407
0 bed · 1 bath · 508 sqft · $453/sqft
$25,000 under the asking price
Sold$450,000
Sold · October 14, 2026
1800 N Bayshore Drive 306
1 bed · 2 bath · 870 sqft · $517/sqft
$25,000 under the asking price
Sold$420,000
Sold · October 14, 2026
1600 NE 1st Avenue 1014
1 bed · 1.5 bath · 857 sqft · $490/sqft
$3,000 under the asking price
Sold$730,000
Sold · October 9, 2026
1900 N Bayshore Drive 3202
2 bed · 2.5 bath · 1,400 sqft · $521/sqft
$25,000 under the asking price
Sold$399,000
Sold · October 9, 2026
20 NE 11th Street 4803A
0 bed · 1 bath · 275 sqft · $1,451/sqft
Sold$370,000
Sold · October 9, 2026
244 Biscayne Boulevard 2604
1 bed · 1 bath · 806 sqft · $459/sqft
$19,000 under the asking price
See every recorded sale in ZIP 33132 or find out what your ZIP 33132 home is worth.
