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For sale
  • $580,000

    398 NE 5th St #4416, Miami, FL 33132

    0beds
    362sqft
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    Condominium
    Built in 2022
    -- sqft lot
    $559,900 Zestimate®
    $1,602/sqft
    $500/mo HOA

    What's special

    Modern eleganceFloor-to-ceiling glassTwo-story fitness centerSleek open layoutHigh-floor designer studio
    A rare blend where luxury meets investment potential for exceptional ROI in Downtown Miami. Experience modern elegance in this turnkey, fully furnished, high-floor designer studio with cinematic Biscayne Bay and Downtown skyline views. Floor-to-ceiling glass frames a sleek open layout with king bed, sofa bed, full kitchen, washer/dryer, curated finishes, and secure keyless entry. Command resort-caliber amenities: rooftop pool with bar and restaurant, two-story fitness center, jacuzzi, 24/7 concierge, Beach Club access, and valet. Steps to Kaseya Center, Bayside, Brightline, dining, and shopping. Flexible ownership allows for personal enjoyment or lucrative short-term rentals in a high-demand market. Seize this opportunity to own at The Elser.
    331 days
    |
    8
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John Parsiani 305-788-7550,

    Parsiani Real Estate

    Source: MIAMI,MLS#: A11863322MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Trash Compactor, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
      Features
      • Built-in Features, Elevator, Entrance Foyer, Vaulted Ceiling(s)
      • Flooring: Tile
      • Doors: High Impact Doors
      • Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows
      Interior area
      • Total structure area: 362
      • Total interior livable area: 362 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Valet, No Rv/Boats, No Trucks/Trailers
      • Garage spaces: 1
      Features
      • Entry location: Foyer
      • Exterior features: Balcony
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Intracoastal View, Ocean, Water
      • Has water view: Yes
      • Water view: Bay,Intracoastal View,Ocean,Water
      • Waterfront features: Intracoastal Front, Ocean Front, Bay
      • Frontage type: Bay/Harbor
      Details
      • Parcel number: 0141370785410

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • CBS Construction
      Condition
      • Year built: 2022

      Utilities & green energy

      • Electric: Circuit Breakers

      Community & HOA

      Community
      • Security: Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, TV Camera
      • Application fee: $150
      • Pet fee: $150 nonrefundable
      • Subdivision: The Elser
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Barbecue, Business Center, Playground, Elevator(s), Fitness Center, Pool, Sauna, Spa/Hot Tub
      • HOA fee: $500 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,602/sqft
      • Tax assessed value: $514,000
      • Annual tax amount: $10,297
      • Date on market: 8/13/2025
      • Listing terms: All Cash,Conventional,FHA

        Estimated market value

        $559,900

        $532,000 - $588,000

        $2,954/mo

        Price history

        DateEventPrice
        8/26/2025Listed for sale$580,000+0.2%$1,602/sqft
        Source: MIAMI #A11863322 Report a problem
        7/12/2025Listing removed$579,000$1,599/sqft
        Source: MIAMI #A11622659 Report a problem
        3/18/2025Price change$579,000-10.8%$1,599/sqft
        Source: MIAMI #A11622659 Report a problem
        9/12/2024Price change$649,000-7.3%$1,793/sqft
        Source: MIAMI #A11622659 Report a problem
        7/12/2024Listed for sale$700,000+10.1%$1,934/sqft
        Source: MIAMI #A11622659 Report a problem
        5/11/2023Sold$635,500+0%$1,756/sqft
        Source: Public Record Report a problem
        9/19/2022Listing removed--
        Source: Nest Seekers International Report a problem
        8/11/2022Listed for sale$635,460$1,755/sqft
        Source: Nest Seekers International #2321222 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,474 +1.7%$514,000
        2024$10,297 -2.5%$514,000
        2023$10,566 $514,000
        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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