New construction

$625,000

398 NE 5th St #4313, Miami, FL 33132

0beds

357sqft

$4,819/mo

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Condominium

Built in 2022

-- sqft lot

$603,700 Zestimate^®

$1,751/sqft

$549/mo HOA

What's special

Private balconySmart keyless entryPorcelain tile flooringFloor-to-ceiling impact windowsSmart thermostatFull kitchen

Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one. Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services. Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.

153 days

5

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Other, Electric Range, Refrigerator, Washer

Features

Lobby, Elevator
Doors: High Impact Doors
Windows: Clear Impact Glass
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 357
Total interior livable area: 357 sqft

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: 1 Space, Covered, Valet, No Trucks/Trailers
Garage spaces: 1

Accessibility

Accessibility features: Accessible Elevator Installed

Features

Exterior features: Barbecue, Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay, Ocean, Skyline, Water
Has water view: Yes
Water view: Bay,Ocean,Water
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Additional structures: Studio Apartment
Parcel number: 0141370784380
Other equipment: Other

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Concrete Block Construction, CBS Construction

Condition

New Construction
New construction: Yes
Year built: 2022

Community & HOA

Community

Security: Fire Sprinkler System, Smoke Detector, Card Entry, Fire Alarm, Lobby Secured
Application fee: $150
Pet fee: $0
Subdivision: Map Of Miami Dade Co. Fl.

HOA

Has HOA: Yes
Amenities included: Playground, Clubhouse-Clubroom, Community Room, Elevator(s), Fitness Center, Pool, Spa/Hot Tub
HOA fee: $1,647 quarterly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,751/sqft
Tax assessed value: $513,128
Annual tax amount: $10,456
Date on market: 2/19/2026
Listing terms: All Cash,Conventional

Estimated market value

$603,700

$574,000 - $634,000

$2,940/mo

Price history

Date	Event	Price
4/22/2026	Listed for rent	$3,000$8/sqft
Source: MIAMI #A12005983 Report a problem
2/20/2026	Listed for sale	$625,000-3.1%$1,751/sqft
Source: MIAMI #A11968390 Report a problem
1/22/2024	Sold	$645,000-5%$1,807/sqft
Source: MIAMI #A11449435 Report a problem
12/23/2023	Contingent	$679,000$1,902/sqft
Source: MIAMI #A11449435 Report a problem
10/17/2023	Price change	$679,000-2.9%$1,902/sqft
Source: MIAMI #A11449435 Report a problem
10/7/2023	Price change	$699,000-5.5%$1,958/sqft
Source: MIAMI #A11449435 Report a problem
9/8/2023	Listed for sale	$740,000$2,073/sqft
Source: MIAMI #A11449435 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,456 -0.3%	$513,128 -2%
2024	$10,489 -2.5%	$523,600
2023	$10,763	$523,600

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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