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398 NE 5th Street 4313, Miami, FL 33132
Active
217 Days on Market
Virtual Tour
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All Listings

$495,000

398 NE 5th Street 4313

Miami, FL 33132

MAP OF MIAMI DADE CO. FL.

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

How this price compares

List price
$495,000
Price per sq ft
$1,387
Vs. nearby sales
175.2% above
Days on market
217

This condo in ZIP 33132 is listed at $495,000, or $1,387 per square foot. The asking price has come down 20.8% from its original $625,000. It has been on the market for 217 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 175.2% above what comparable homes here actually sold for.

0
Bedrooms
1
Bathrooms
357
Living Sq Ft
2022
Year Built

Estimated monthly payment

$2,601 /mo

Principal and interest only, based on $99,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$495,000
Days on Site
217 Days
Bedrooms
0
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
357 sqft
Total Sq Ft
357 sqft
Year Built
2022
Property Type
Condo
MLS #
A11968390
Property Tax
$10,456 (2025)
HOA Fees
$1,647 / Quarterly
Subdivision
MAP OF MIAMI DADE CO. FL.
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one.Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services.Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
2022
Property Condition
New Construction / Resale
New Construction
Yes
Number of Stories
49
Garage Spaces
1
Parking
Covered / Valet
Living Sq Ft
357
Total Sq Ft
357

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Interior Features
Elevator / Kitchen Dining Combo

Exterior Features

Construction
Block
Exterior Features
Balcony / Barbecue / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
Waterfront
Yes
Waterfront Features
Bayfront / Other
View
Bay / Ocean / Skyline / Water

Community & HOA

HOA Fee
$1,647 / Quarterly
HOA Includes
Pools
Association Amenities
Clubhouse / Elevators / Fitness Center / Playground / Pool / Parking / Spa Hot Tub
Security
Security System / Fire Alarm / Fire Sprinkler System / Key Card Entry / Smoke Detectors
Utilities
Cable Available
Pets Allowed
Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
No Truck / No Trailer Parking / Okay To Lease1st Year / Other Restrictions / Ok To Lease / Short Term Rentals Allowed
MLS Area
2420

Schools

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

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 →
How do I schedule a tour of 398 NE 5th Street 4313, Miami, FL 33132?
Use the Tour button on this listing to request a showing of 398 NE 5th Street 4313, 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 4313, Miami, FL 33132 still available?
398 NE 5th Street 4313, Miami, FL 33132 is currently listed as Active, and has been on the market 217 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 4313, Miami, FL 33132?
With 20% down ($99,000) on the $495,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 4313, Miami, FL 33132 is about $2,601/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 4313, 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 4313, 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 4313, Miami, FL 33132 have an HOA fee?
Yes: 398 NE 5th Street 4313, Miami, FL 33132 carries an HOA fee of about $1,647 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 4313, Miami, FL 33132?
398 NE 5th Street 4313, 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 4313, Miami, FL 33132?
Often, yes. The right offer on 398 NE 5th Street 4313, 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 United Realty Group Inc

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.

$495,000

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Listed by Ozan Hosgor, United Realty Group Inc

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