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For sale
    • $525,000

    398 NE 5th St #4716, Miami, FL 33132

    0beds
    362sqft
    : 
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    Condominium
    Built in 2022
    -- sqft lot
    $509,100 Zestimate®
    $1,450/sqft
    $474/mo HOA

    What's special

    Fully furnished studio
    Experience elevated living and exceptional investment potential at The Elser Miami, one of Downtown Miami’s most sought-after luxury residences. This fully furnished studio showcases breathtaking views of Biscayne Bay and the Miami skyline, blending modern design with high-end finishes for a turnkey opportunity. Designed for both lifestyle and income, the building offers world-class amenities including resort-style pool, fitness center, spa, business lounge, and on-site dining—including a Michelin-starred culinary experience. Ideal for short-term rentals, with flexible leasing options maximizing income potential. Located in the heart of Downtown Miami, just steps from Bayside, world-class museums, entertainment, and minutes to Brickell, South Beach, and Key Biscayne. This is a rare opportunity to own in one of Miami’s most dynamic and high-demand rental markets. Perfect for investors seeking strong returns or buyers looking for a luxury pied-à-terre in a prime waterfront location.
    105 days
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    10
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Carla Ruiz Contreras PA 786-728-9127,

    Miami Masterpiece

    Source: MIAMI,MLS#: A11995606MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
      Features
      • Elevator
      • Flooring: Ceramic Tile
      • Furnished: Yes
      Interior area
      • Total structure area: 362
      • Total interior livable area: 362 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Valet
      Features
      • Entry location: First Floor Entry
      • Exterior features: Barbecue
      • Has view: Yes
      • View description: Bay, Intracoastal View, Water
      • Has water view: Yes
      • Water view: Bay,Intracoastal View,Water
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Details
      • Parcel number: 0141370785440
      • Special conditions: Short Sale

      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
      Green energy
      • Energy efficient items: Appliances

      Community & HOA

      Community
      • Security: Fire Alarm, Smoke Detector, Elevator Secure, Card Entry
      • Application fee: $0
      • Pet fee: $150
      • Subdivision: Map Of Miami Dade Co. Fl.
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Barbecue, Business Center, Cabana, Playground, Clubhouse-Clubroom, Community Room, Elevator(s), Fitness Center, Pool, Sauna, Trash
      • HOA fee: $474 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,450/sqft
      • Tax assessed value: $518,600
      • Annual tax amount: $10,550
      • Date on market: 4/6/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $509,100

        $484,000 - $535,000

        $2,818/mo

        Price history

        DateEventPrice
        4/7/2026Listed for sale$525,000-11.8%$1,450/sqft
        Source: MIAMI #A11995606 Report a problem
        5/2/2025Listing removed$595,000$1,644/sqft
        Source: MIAMI #A11621164 Report a problem
        10/15/2024Price change$595,000-3.3%$1,644/sqft
        Source: MIAMI #A11621164 Report a problem
        7/10/2024Listed for sale$615,000-3.8%$1,699/sqft
        Source: MIAMI #A11621164 Report a problem
        7/5/2024Listing removed--
        Source: MIAMI #A11585872 Report a problem
        5/11/2024Listed for sale$639,000-6%$1,765/sqft
        Source: MIAMI #A11585872 Report a problem
        3/26/2024Listing removed--
        Source: MIAMI #A11510721 Report a problem
        1/8/2024Listed for sale$680,000+5.9%$1,878/sqft
        Source: MIAMI #A11510721 Report a problem
        8/17/2023Sold$642,000$1,773/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,568 +1.7%$518,600
        2024$10,389 -2.5%$518,600
        2023$10,661 $518,600
        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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