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Sold for $400,000
  • $400,000

    398 NE 5th St #1412, Miami, FL 33132

    0beds
    341sqft
    Condominium
    Built in 2022
    -- sqft lot
    $466,200 Zestimate®
    $1,173/sqft
    $2,896 Estimated rent

    Home value

    $466,200

    $420,000 - $517,000

    $2,896/mo

    Zestimate® history
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    What's special

    Wrap-around pool and barTurn-key unitHigh-end designModern appliances
    Prime Investment! BEST PRICE IN THE BUILDING at the time of publication! Gorgeous furnished studio at the awarded The Elser Hotel & Residences, facing Biscayne Bay and City. This turn-key unit offers flexible use: personal, business, vacation, or short-term rental via hotel program or platform. High-end design includes king bed, modern appliances, convertible sofa & table, rotating LED TV, and balcony with panoramic city & water views. Fully equipped to hotel standards. Amenities: wrap-around pool & bar, Beach Club service in South Beach, valet parking, spa, multi-level gym & business center. Steps from Bayside, Kaseya Center, Brightline, Brickell, Miami River; close to Port of Miami and the next Signature Bridge & Wynwood. Enjoy the vibrant Miami luxury lifestyle!Low HOA: $1,573 quarterly

    Zillow last checked:

    Listing updated:

    Listed by:

    Juan Mezzini 305-302-7972,

    Mezzini Realty Group

    Bought with:

    Juan Tascon, 3338967

    EXP Realty LLC

    Source: MIAMI,MLS#: A11846720MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
    Features
    • Other
    • Flooring: Ceramic Tile, Tile
    • Windows: High Impact Windows
    • Furnished: Yes
    Interior area
    • Total structure area: 341
    • Total interior livable area: 341 sqft

    Property

    Parking
    • Parking features: 1 Space, Covered, Valet, Limited # Of Vehicle
    Features
    • Exterior features: Balcony
    • Pool features: Association
    • Spa features: Community
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Bay
    • Frontage type: Bay/Harbor
    Details
    • Additional structures: Studio Apartment
    • Parcel number: 0141370783750

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Year built: 2022

    Community & HOA

    Community
    • Security: Elevator Secure, Card Entry, Lobby Secured
    • Application fee: $150
    • Pet fee: $150
    • Subdivision: The Elser Hotel&Residences
    HOA
    • Has HOA: Yes
    • Amenities included: Bar, Business Center, Elevator(s), Fitness Center, Exterior Lighting, Other, Pool, Spa/Hot Tub
    • HOA fee: $524 monthly
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $1,173/sqft
    • Tax assessed value: $470,400
    • Annual tax amount: $9,327
    • Date on market: 7/24/2025
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    11/10/2025Sold$400,000-6.8%$1,173/sqft
    Source: MIAMI #A11846720 Report a problem
    9/20/2025Price change$429,000-4.5%$1,258/sqft
    Source: MIAMI #A11846720 Report a problem
    8/22/2025Price change$449,000-0.2%$1,317/sqft
    Source: MIAMI #A11846720 Report a problem
    7/25/2025Listed for sale$450,000-5.3%$1,320/sqft
    Source: MIAMI #A11846720 Report a problem
    7/10/2025Listing removed$475,000$1,393/sqft
    Source: MIAMI #A11703091 Report a problem
    6/6/2025Price change$475,000-4.8%$1,393/sqft
    Source: MIAMI #A11703091 Report a problem
    4/29/2025Price change$499,000-9.1%$1,463/sqft
    Source: MIAMI #A11703091 Report a problem
    12/6/2024Listed for sale$549,000-7.7%$1,610/sqft
    Source: MIAMI #A11703091 Report a problem
    10/5/2024Listing removed$3,500$10/sqft
    Source: MIAMI #A11527770 Report a problem
    7/25/2024Listing removed$595,000$1,745/sqft
    Source: MIAMI #A11526245 Report a problem
    7/25/2024Price change$595,000-5.3%$1,745/sqft
    Source: MIAMI #A11526245 Report a problem
    6/1/2024Listed for rent$3,500$10/sqft
    Source: MIAMI #A11527770 Report a problem
    5/24/2024Listing removed--
    Source: MIAMI #A11527770 Report a problem
    4/26/2024Price change$628,000-1.7%$1,842/sqft
    Source: MIAMI #A11526245 Report a problem
    2/5/2024Listed for rent$3,500$10/sqft
    Source: MIAMI #A11527770 Report a problem
    2/2/2024Listed for sale$639,000-1.7%$1,874/sqft
    Source: MIAMI #A11526245 Report a problem
    11/30/2023Listing removed--
    Source: MIAMI #A11481229 Report a problem
    11/6/2023Listed for sale$650,000$1,906/sqft
    Source: MIAMI #A11481229 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,586 -0.3%$470,400 -2%
    2024$9,616 -2.5%$480,000
    2023$9,867 $480,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $466,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $466,200