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For sale
    • $720,000

    398 NE 5th St #3207, Miami, FL 33132

    0beds
    442sqft
    : 
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    Condominium
    Built in 2022
    -- sqft lot
    $686,000 Zestimate®
    $1,629/sqft
    $680/mo HOA

    What's special

    Fully furnished studioPrivate balconyFloor-to-ceiling glassWood-look porcelain flooringSleek open layout
    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.
    165 days
    |
    6
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Margarita Zapata 646-415-3286,

    BM2 Realty

    Source: MIAMI,MLS#: A11949064MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      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

        $686,000

        $652,000 - $720,000

        $3,117/mo

        Price history

        DateEventPrice
        2/2/2026Listed for sale$720,000$1,629/sqft
        Source: MIAMI #A11949064 Report a problem
        11/19/2025Price change$3,400-2.9%$8/sqft
        Source: MIAMI #A11725296 Report a problem
        10/22/2025Price change$3,500-22.2%$8/sqft
        Source: MIAMI #A11725296 Report a problem
        1/15/2025Listed for rent$4,500+12.5%$10/sqft
        Source: MIAMI #A11725296 Report a problem
        6/15/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/19/2023Listed for rent$4,000$9/sqft
        Source: Zillow Rentals Report a problem
        5/18/2023Listing removed--
        Source: MIAMI #A11356080 Report a problem
        3/13/2023Listed for rent$4,000+68.1%$9/sqft
        Source: MIAMI #A11356080 Report a problem
        4/2/2022Listing removed--
        Source: Zillow Rental Network Premium_1 Report a problem
        3/18/2022Listed for rent$2,380$5/sqft
        Source: Zillow Rental Network Premium_1 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        96 / 100
        Walker's Paradise
        99 / 100
        Rider's Paradise
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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