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Sold for $365,000
  • $365,000

    398 NE 5th St Unit 2016, Miami, FL 33132

    0beds
    362sqft
    Condominium
    Built in 2022
    -- sqft lot
    $385,900 Zestimate®
    $1,008/sqft
    $2,954 Estimated rent

    Home value

    $385,900

    $367,000 - $405,000

    $2,954/mo

    Zestimate® history
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    What's special

    Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals. CHECK VIRTUAL TOUR

    Zillow last checked:

    Listing updated:

    Listed by:

    Federico Nunez 305-400-9479,

    Novel Management, LLC.

    Bought with:

    Juan Tascon, 3338967

    EXP Realty LLC

    Source: MIAMI,MLS#: A11892628MLS 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: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
    • Laundry: Washer/Dryer Hook-Up
    Features
    • Closet Cabinetry
    • Flooring: Ceramic Tile
    • Doors: High Impact Doors
    • Furnished: Yes
    Interior area
    • Total structure area: 362
    • Total interior livable area: 362 sqft

    Property

    Parking
    • Parking features: 1 Space, Valet
    Features
    • Exterior features: Balcony
    • Pool features: Association
    • Has view: Yes
    • View description: Bay, Ocean, Water
    • Has water view: Yes
    • Water view: Bay,Ocean,Water
    • Waterfront features: Bay
    • Frontage type: Bay/Harbor
    Details
    • Parcel number: 0141370785170

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete Block Construction
    Condition
    • Year built: 2022

    Utilities & green energy

    • Electric: Circuit Breakers

    Community & HOA

    Community
    • Security: Smoke Detector, Doorman, Elevator Secure, Lobby Secured
    • Application fee: $150
    • Pet fee: $0
    • Subdivision: The Elser Hotel
    HOA
    • Has HOA: Yes
    • Amenities included: Bar, Barbecue, Playground, Clubhouse-Clubroom, Elevator(s), Fitness Center, Pool, Sauna, Trash
    • HOA fee: $474 monthly
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $1,008/sqft
    • Tax assessed value: $478,400
    • Annual tax amount: $9,440
    • Date on market: 10/8/2025
    • Listing terms: All Cash,Conventional,FHA

    Price history

    DateEventPrice
    1/27/2026Sold$365,000-8.5%$1,008/sqft
    Source: MIAMI #A11892628 Report a problem
    12/24/2025Pending sale$399,000$1,102/sqft
    Source: MIAMI #A11892628 Report a problem
    12/15/2025Price change$399,000-2.4%$1,102/sqft
    Source: MIAMI #A11892628 Report a problem
    12/1/2025Price change$409,000-2.4%$1,130/sqft
    Source: MIAMI #A11892628 Report a problem
    11/20/2025Price change$419,000-2.3%$1,157/sqft
    Source: MIAMI #A11892628 Report a problem
    11/5/2025Price change$429,000-2.5%$1,185/sqft
    Source: MIAMI #A11892628 Report a problem
    10/23/2025Listed for sale$440,000-10.2%$1,215/sqft
    Source: MIAMI #A11892628 Report a problem
    10/23/2025Listing removed$489,900$1,353/sqft
    Source: MIAMI #A11853010 Report a problem
    10/8/2025Price change$489,9000%$1,353/sqft
    Source: MIAMI #A11853010 Report a problem
    8/27/2025Price change$490,000-3.9%$1,354/sqft
    Source: MIAMI #A11853010 Report a problem
    8/5/2025Price change$510,000-5.4%$1,409/sqft
    Source: MIAMI #A11779822 Report a problem
    8/1/2025Price change$538,9000%$1,489/sqft
    Source: MIAMI #A11779822 Report a problem
    6/18/2025Price change$539,000-0.2%$1,489/sqft
    Source: MIAMI #A11779822 Report a problem
    5/19/2025Price change$540,000-0.9%$1,492/sqft
    Source: MIAMI #A11779822 Report a problem
    5/7/2025Price change$545,000-5.2%$1,506/sqft
    Source: MIAMI #A11779822 Report a problem
    4/30/2025Listed for sale$575,000+5.5%$1,588/sqft
    Source: MIAMI #A11779822 Report a problem
    4/10/2025Listing removed$545,000$1,506/sqft
    Source: MIAMI #A11678176 Report a problem
    2/11/2025Price change$545,000-4.2%$1,506/sqft
    Source: MIAMI #A11678176 Report a problem
    12/19/2024Price change$569,000-1.9%$1,572/sqft
    Source: MIAMI #A11678176 Report a problem
    11/18/2024Price change$580,000-1.7%$1,602/sqft
    Source: MIAMI #A11678176 Report a problem
    10/22/2024Listed for sale$590,000$1,630/sqft
    Source: MIAMI #A11678176 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,749 +1.7%$478,400
    2024$9,584 -2.5%$478,400
    2023$9,834 $478,400
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $385,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $385,900