Welcome to The Elser - the embodiment of what it means to own real estate in Miami. At the intersection of luxury & investment, this fully furnished, private corner unit features breathtaking water views only minutes from the airport and Miami Beach. The timeless design, supreme location and income generating potential makes it the perfect lifestyle investment for future owners. The City of Miami is one of the most globally recognized municipalities in the world. Don't miss the opportunity to own a piece of it. World Class Amenities: Rooftop Pool Deck & Bar Restaurant, State of The Art Fitness Facility, Steps away from Miami Heat's Arena.
For sale
$819,000
398 NE 5th Street #4015, Miami, FL 33132
1beds
560sqft
Condominium
Built in 2022
-- sqft lot
$769,700 Zestimate®
$1,463/sqft
$861/mo HOA
What's special
Breathtaking water viewsTimeless design
- 101 days |
- 21 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
David Omachonu 786-302-4088,
Compass Florida, LLC
Source: BeachesMLS,MLS#: B26010042
Originating MLS: BeachesMLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Washer Dryer Install Allowed
Features
- Built-in Features, Main Level Primary, Other, Walk-In Closet(s), Bar
- Flooring: Other
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 560
- Total interior livable area: 560 sqft
Video & virtual tour
Property
Parking
- Parking features: Attached, Garage, Valet
- Has attached garage: Yes
Accessibility
- Accessibility features: Accessible Washer/Dryer, Accessibility Features, Accessible Kitchen Appliances, Accessible Full Bath, Accessible Bedroom, Accessible Closets, Customized Wheelchair Accessible, Accessible Electrical and Environmental Controls, Accessible Kitchen, Accessible Central Living Area, Smart Technology, Accessible Doors, Accessible Hallway(s)
Features
- Levels: One
- Stories: 1
- Patio & porch: Open, Balcony
- Exterior features: Balcony, Lighting, Outdoor Living Area
- Pool features: Association
- Has view: Yes
- View description: Ocean, Other
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Bayfront, None
Details
- Parcel number: 0141370785030
- Zoning: 6401
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Other
Community & HOA
Community
- Security: Closed Circuit Camera(s), Secured Garage/Parking, Key Card Entry, Lobby Secured, Other, Phone Entry
- Pet deposit fee: $300
- Subdivision: MAP OF MIAMI DADE CO. FL. PB B-41
HOA
- Has HOA: Yes
- Amenities included: Cabana, Clubhouse, Fitness Center, Maintenance Grounds, Hobby Room, Other, Picnic Area, Pool, Restaurant, Spa/Hot Tub
- Services included: Common Areas, Maintenance Structure
- HOA fee: $2,583 quarterly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,463/sqft
- Tax assessed value: $562,320
- Annual tax amount: $11,000
- Date on market: 4/2/2026
- Cumulative days on market: 101 days
- Listing terms: Cash,Conventional,Other
Estimated market value
Zestimate®
$769,700
Estimated sales range
$731,000 - $808,000
Rent Zestimate®
$3,046/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for rent | $3,500-35.2%$6/sqft |
Source: BeachesMLS #B26031144 Report a problem | ||
| 4/2/2026 | Price change | $819,000-11.5%$1,463/sqft |
Source: | ||
| 7/1/2025 | Listing removed | $5,400$10/sqft |
Source: BeachesMLS #F10448884 Report a problem | ||
| 6/5/2025 | Price change | $925,000-9.8%$1,652/sqft |
Source: | ||
| 5/15/2025 | Listed for sale | $1,025,000+23.7%$1,830/sqft |
Source: | ||
| 8/21/2024 | Price change | $5,400-1.8%$10/sqft |
Source: BeachesMLS #F10448884 Report a problem | ||
| 7/3/2024 | Listed for rent | $5,500+103.7%$10/sqft |
Source: BeachesMLS #F10448884 Report a problem | ||
| 7/24/2023 | Sold | $828,300$1,479/sqft |
Source: Public Record Report a problem | ||
| 4/14/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 3/12/2022 | Price change | $2,700+0.9%$5/sqft |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 3/7/2022 | Listed for rent | $2,675$5/sqft |
Source: Zillow Rental Network Premium_1 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,459 -18.6% | $562,320 -20% |
| 2024 | $14,081 -2.5% | $702,900 |
| 2023 | $14,449 | $702,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Frederick R. Douglass Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Frederick Douglass
- Middle: Jose De Diego
- High: Booker T. Washington
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Miami-Dade County
- Miami
- 33132
- Downtown
- 398 NE 5th Street Unit 4015