How do I schedule a tour of 398 NE 5th Street 4316, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 398 NE 5th Street 4316, 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 4316, Miami, FL 33132 still available?

398 NE 5th Street 4316, Miami, FL 33132 is currently listed as Active, and has been on the market 72 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 4316, Miami, FL 33132?

With 20% down ($139,980) on the $699,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 4316, Miami, FL 33132 is about $3,678/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 4316, 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 4316, 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 4316, Miami, FL 33132 have an HOA fee?

Yes: 398 NE 5th Street 4316, Miami, FL 33132 carries an HOA fee of about $500 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 4316, Miami, FL 33132?

398 NE 5th Street 4316, 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 4316, Miami, FL 33132?

Often, yes. The right offer on 398 NE 5th Street 4316, 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

72 Days on Market

1 / 30

All Listings

$699,900

398 NE 5th Street 4316

Miami, FL 33132

The Elser

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

Bedrooms

Bathrooms

362

Living Sq Ft

2022

Year Built

Estimated monthly payment

$3,678 /mo

Principal and interest only, based on $139,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $500/mo HOA are not included.

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Listing Snapshot

Price: $699,900
Days on Site: 72 Days
Bedrooms: 0
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 362 sqft
Total Sq Ft: 362 sqft
Year Built: 2022
Property Type: Condo
MLS #: A12042862
Property Tax: $10,267 (2024)
HOA Fees: $500 / Monthly
Subdivision: The Elser
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Luxury & Investment Opportunity at The Elser!Experience the best of Miami living while maximizing your investment potential. This fully furnished luxury residence offers breathtaking views of Biscayne Bay and the Downtown Miami skyline, making it the perfect choice for personal enjoyment, a vacation home, or a high-income-producing asset.Designed with modern elegance, the unit features an open-concept layout, premium finishes, a king-size bed, sofa bed, fully equipped kitchen, in-unit washer and dryer, flat-screen TV, and secure keyless entry.Enjoy world-class amenities, including a spectacular rooftop pool with panoramic views, bar and restaurant service, a two-story fitness center, jacuzzi, 24/7 concierge, valet parking, and exclusive Beach Club access.Ideally located in the heart of Downtown Miami, just steps from Kaseya Center, Bayside Marketplace, Miami Worldcenter, Brightline Station, Brickell, top restaurants, shopping, nightlife, and major attractions.The Elser is one of Miami’s most sought-after buildings for short-term rentals, offering exceptional flexibility and strong income potential in a high-demand market. Whether you're looking for a luxury lifestyle, a second home, or an investment with attractive ROI, this property checks every box.Don't miss this rare opportunity to own a premier residence in one of Miami's fastest-growing and most desirable locations!

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General Features

Property Type: Condo
Status: Active
Year Built: 2022
Number of Stories: 49
Garage Spaces: 0
Parking: Valet
Living Sq Ft: 362
Total Sq Ft: 362

Interior Features

Appliances: Dryer / Dishwasher / Electric Water Heater / Ice Maker / Microwave / Oven / Refrigerator / Trash Compactor / Washer
Cooling: Central Air
Heating: Central
Flooring: Vinyl
Interior Features: Built In Features / Bedroom On Main Level / Closet Cabinetry / Entrance Foyer / Elevator / Living Dining Room / Separate Shower / Vaulted Ceilings / Bar
Windows: Blinds
Furnished: Furnished

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association / Heated
Patio & Porch: Open / Balcony
Waterfront Features: Bayfront / Intracoastal Access / None / Ocean Front
View: Bay / Intercoastal / Ocean / Water

Community & HOA

HOA Fee: $500 / Monthly
HOA Includes: Common Areas / Cable Tv / Insurance / Internet / Maintenance Structure / Pools / Reserve Fund / Sewer / Security / Trash / Water
Association Amenities: Business Center / Fitness Center / Maintenance Grounds / Picnic Area / Playground / Pool / Sauna / Spa Hot Tub / Elevators
Community Features: Home Owners Association
Security: Security System / Closed Circuit Cameras / Elevator Secured / Fire Alarm / Key Card Entry / Smoke Detectors
Utilities: Cable Available
Pets Allowed: Yes
Financing Terms: Cash / Conventional / FHA
Restrictions: No Rv / No Truck / No Trailer Parking / See Remarks
MLS Area: 2420

Schools

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

About the Community

The Elser

View Community Details →

The Elser is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $579,000 to $1,200,000. Homes were built starting 2022. Pure Equity Realty lists homes in The Elser for 1% commission and represents buyers at no cost.

Homes for Sale: 9
Under Contract: 1
Median List Price: $850,000
Median $/Sq Ft: $1,486
Avg Days on Market: 213

View all 9 homes for sale in The Elser →

Frequently Asked Questions

How do I schedule a tour of 398 NE 5th Street 4316, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 398 NE 5th Street 4316, 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 4316, Miami, FL 33132 still available?: 398 NE 5th Street 4316, Miami, FL 33132 is currently listed as Active, and has been on the market 72 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 4316, Miami, FL 33132?: With 20% down ($139,980) on the $699,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 398 NE 5th Street 4316, Miami, FL 33132 is about $3,678/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 4316, 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 4316, 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 4316, Miami, FL 33132 have an HOA fee?: Yes: 398 NE 5th Street 4316, Miami, FL 33132 carries an HOA fee of about $500 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 4316, Miami, FL 33132?: 398 NE 5th Street 4316, 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 4316, Miami, FL 33132?: Often, yes. The right offer on 398 NE 5th Street 4316, 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 Potential Property Group

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 25, 2026.

$699,900