Sold for $415,000

$415,000

398 NE 5th Street #2403, Miami, FL 33132

1beds

490sqft

Condominium

Built in 2022

-- sqft lot

$400,400 Zestimate^®

$847/sqft

$2,851 Estimated rent

Home value

$400,400

$380,000 - $420,000

$2,851/mo

Zestimate^® history

Owner options

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$2,851/mo

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$2,851/mo

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$3,545/mo

Est. payment

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$3,545/mo

Est. payment

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What's special

Lowest priced, turnkey largest studio layout at the iconic The Elser. This rare 490 sq ft studio offers a more spacious and functional design than the smaller studio layouts in the building, allowing for a comfortable bedroom setup with the bed facing the TV divider. Ideally located in the heart of Downtown Miami, just steps from world-class dining, entertainment, and cultural destinations. Features include floor-to-ceiling windows, private balcony, fully equipped kitchen, in-unit washer/dryer, and stylish finishes. Enjoy resort-style amenities such as a 132-ft rooftop pool with LED screen, spa, two-story fitness center, sky lounge, co-working spaces, grilling terrace, lobby bar, and 24/7 concierge. Short-term rentals allowed through in-house or approved management.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main
Area: 15120
Dimensions: 120 X 126

Kitchen

Level: Main
Area: 7000
Dimensions: 140 X 50

Living room

Level: Main
Area: 17136
Dimensions: 136 X 126

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Laundry: Inside

Features

Built-in Features, None
Furnished: Yes

Interior area

Total structure area: 490
Total interior livable area: 490 sqft

Property

Parking

Total spaces: 1
Parking features: Assigned, Garage, Guest
Garage spaces: 1

Features

Patio & porch: Balcony
Exterior features: Balcony, Outdoor Living Area
Pool features: Association
Has spa: Yes
Spa features: Heated
Has view: Yes
View description: Bay, City, Ocean
Has water view: Yes
Water view: Bay,Ocean
Waterfront features: Ocean Front

Details

Parcel number: 0141370780790
Zoning: 6401
Special conditions: Short Sale

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block, Other, Concrete

Condition

Resale
New construction: No
Year built: 2022

Utilities & green energy

Utilities for property: Cable Available

Community & HOA

Community

Features: Property Manager On-Site
Security: Security System
Subdivision: MAP OF MIAMI DADE CO. FL. PB B-41

HOA

Has HOA: Yes
Amenities included: Elevator(s), Fitness Center, Management, Pool, Restaurant
Services included: Common Areas, HVAC, Insurance, Maintenance Structure
HOA fee: $680 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $847/sqft
Tax assessed value: $528,485
Annual tax amount: $10,769
Date on market: 1/22/2026
Cumulative days on market: 18 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
6/24/2026	Sold	$415,000+1.2%$847/sqft
Source: BeachesMLS #R11156917 Report a problem
1/22/2026	Listed for sale	$410,000-43.8%$837/sqft
Source: BeachesMLS #RX-11156917 Report a problem
11/1/2023	Sold	$730,000$1,490/sqft
Source: Public Record Report a problem
5/4/2022	Listing removed	--
Source: Zillow Rental Network Premium_1 Report a problem
5/2/2022	Price change	$2,634+6%$5/sqft
Source: Zillow Rental Network Premium_1 Report a problem
4/14/2022	Listed for rent	$2,484$5/sqft
Source: Zillow Rental Network Premium_1 Report a problem