High-floor, fully furnished studio at The Elser Hotel & Residences showcasing panoramic skyline and Biscayne Bay views. Sleek open layout with wood-look porcelain flooring, floor-to-ceiling glass, and a private balcony. Turnkey and rental-ready with daily rentals permitted and no minimum lease—ideal for income-producing ownership or flexible luxury living. Full-service condo-hotel offering a 24/7 front desk, resort-style amenities, and a prime Downtown Miami location near Miami Worldcenter, dining, and entertainment.
For sale
$720,000
398 NE 5th St #3207, Miami, FL 33132
0beds
442sqft
Condominium
Built in 2022
-- sqft lot
$685,300 Zestimate®
$1,629/sqft
$680/mo HOA
What's special
Fully furnished studioPrivate balconyFloor-to-ceiling glassWood-look porcelain flooringSleek open layout
- 211 days
- 15
- 0
Zillow last checked:
Listing updated:
Listed by:
Margarita Zapata 646-415-3286,
BM2 Realty
Source: MIAMI,MLS#: A11949064
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator
Features
- Built-in Features, Walk-In Closet(s)
- Flooring: Tile
- Doors: High Impact Doors
Interior area
- Total structure area: 442
- Total interior livable area: 442 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: 1 Space
- Garage spaces: 1
Features
- Exterior features: Balcony
- Pool features: Association
- Spa features: Community
- Has view: Yes
- View description: Bay, Ocean, Water
- Has water view: Yes
- Water view: Bay,Ocean,Water
- Waterfront features: Bay
- Frontage type: Bay/Harbor
Lot
- Features: East Of Us1
Details
- Parcel number: 0141370782230
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Block, CBS Construction
Condition
- Year built: 2022
Community & HOA
Community
- Security: Doorman, Elevator Secure, Card Entry
- Application fee: $0
- Pet fee: $0
- Subdivision: Map Of Miami Dade Co. Fl.
HOA
- Has HOA: Yes
- Amenities included: Bar, Business Center, Clubhouse-Clubroom, Elevator(s), Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash
- HOA fee: $680 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,629/sqft
- Tax assessed value: $541,642
- Annual tax amount: $11,038
- Date on market: 1/23/2026
- Listing terms: All Cash,Conventional
Estimated market value
$685,300
$651,000 - $720,000
$3,493/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Listed for sale | $720,000$1,629/sqft |
Source: | ||
| 11/19/2025 | Price change | $3,400-2.9%$8/sqft |
Source: | ||
| 10/22/2025 | Price change | $3,500-22.2%$8/sqft |
Source: | ||
| 1/15/2025 | Listed for rent | $4,500+12.5%$10/sqft |
Source: | ||
| 6/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/19/2023 | Listed for rent | $4,000$9/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/18/2023 | Listing removed | -- |
Source: | ||
| 3/13/2023 | Listed for rent | $4,000+68.1%$9/sqft |
Source: | ||
| 4/2/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 3/18/2022 | Listed for rent | $2,380$5/sqft |
Source: Zillow Rental Network Premium_1 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,037 -3.4% | $541,642 -5% |
| 2024 | $11,422 -4.3% | $570,149 -1.8% |
| 2023 | $11,935 | $580,600 |
Find assessor info on the county website
Monthly payment
Est. payment









