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For sale
  • $819,000

    398 NE 5th Street #4015, Miami, FL 33132

    1beds
    560sqft
    : 
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    Condominium
    Built in 2022
    -- sqft lot
    $769,700 Zestimate®
    $1,463/sqft
    $861/mo HOA

    What's special

    Breathtaking water viewsTimeless design
    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.
    101 days
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    21
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    David Omachonu 786-302-4088,

    Compass Florida, LLC

    Source: BeachesMLS,MLS#: B26010042MLS LogoOriginating 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

        $769,700

        $731,000 - $808,000

        $3,046/mo

        Price history

        DateEventPrice
        5/21/2026Listed for rent$3,500-35.2%$6/sqft
        Source: BeachesMLS #B26031144 Report a problem
        4/2/2026Price change$819,000-11.5%$1,463/sqft
        Source: BeachesMLS #B26010042 Report a problem
        7/1/2025Listing removed$5,400$10/sqft
        Source: BeachesMLS #F10448884 Report a problem
        6/5/2025Price change$925,000-9.8%$1,652/sqft
        Source: BeachesMLS #F10502924 Report a problem
        5/15/2025Listed for sale$1,025,000+23.7%$1,830/sqft
        Source: BeachesMLS #F10502924 Report a problem
        8/21/2024Price change$5,400-1.8%$10/sqft
        Source: BeachesMLS #F10448884 Report a problem
        7/3/2024Listed for rent$5,500+103.7%$10/sqft
        Source: BeachesMLS #F10448884 Report a problem
        7/24/2023Sold$828,300$1,479/sqft
        Source: Public Record Report a problem
        4/14/2022Listing removed--
        Source: Zillow Rental Network Premium_1 Report a problem
        3/12/2022Price change$2,700+0.9%$5/sqft
        Source: Zillow Rental Network Premium_1 Report a problem
        3/7/2022Listed for rent$2,675$5/sqft
        Source: Zillow Rental Network Premium_1 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Downtown

        Getting around

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

        Nearby schools

        GreatSchools rating
        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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