New construction

$850,000

398 NE 5th Street #3907, Miami, FL 33132

1beds

442sqft

$6,373/mo

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Condominium

Built in 2022

-- sqft lot

$801,700 Zestimate^®

$1,923/sqft

$567/mo HOA

What's special

Beautiful and captivating studio on the 39th Floor at The Elser Residences. This unit is an amazing opportunity for investors and buyers alike. With this unit you are getting a beautiful and comfy studio where you can kickback and enjoy in any way you see fit! Overlooking the Kesaya Center and ocean bay you'll be close to some of the best attractions Miami has to offer. Including, the Frost Museum, Perez Art Museum, Bayfront Park and Bayside Marketplace there are numerous things to do. The Elser provides a fitness center, pool, spa and sauna for all your relaxation needs as well. Having such a vast amount of choices in amenities this makes for an amazing rental that you can manage on your own or with The Elser's rental program.

19 days

38

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Heating

Electric

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Refrigerator, Washer
Laundry: In Unit, Washer Dryer Install Allowed

Features

Bedroom on Main Level, Closet Cabinetry, Kitchen/Dining Combo, Main Level Primary, Walk-In Closet(s), Bar
Flooring: Ceramic Tile
Windows: Storm Window(s)
Has fireplace: No
Furnished: Yes

Interior area

Total structure area: 442
Total interior livable area: 442 sqft

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Property

Parking

Total spaces: 1
Parking features: Attached, Covered, Electric Vehicle Charging Station(s), Garage, Guest, Valet
Attached garage spaces: 1

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Entry location: Front Desk
Patio & porch: Glass Enclosed, Open, Balcony
Exterior features: Balcony, Outdoor Living Area
Pool features: Association, Heated
Has spa: Yes
Spa features: Heated, In Ground
Has view: Yes
View description: Bay, City, Ocean, Water
Has water view: Yes
Water view: Bay,Ocean,Water
Waterfront features: Bayfront, None, Ocean Front

Details

Parcel number: 0141370782300
Zoning: 6401
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block
Roof: Concrete

Condition

New Construction
New construction: Yes
Year built: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Water Available

Community & HOA

Community

Features: Home Owners Association
Security: Security System, Elevator Secured, Fire Alarm, Key Card Entry, Lobby Secured
Subdivision: MAP OF MIAMI DADE CO. FL. PB B-41

HOA

Has HOA: Yes
Amenities included: Fitness Center, Maintenance Grounds, Pool, Parking, Sauna, Spa/Hot Tub, Elevator(s)
Services included: Common Areas, Insurance, Internet, Pool(s), Water
HOA fee: $567 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,923/sqft
Tax assessed value: $553,210
Annual tax amount: $11,509
Date on market: 7/9/2026
Cumulative days on market: 19 days
Listing terms: Cash,Conventional
Electric utility on property: Yes

Estimated market value

$801,700

$762,000 - $842,000

$2,828/mo

Price history

Date	Event	Price
7/9/2026	Listed for sale	$850,000+19.5%$1,923/sqft
Source: BeachesMLS #B26050574 Report a problem
3/23/2023	Sold	$711,000$1,609/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,273 -3.4%	$553,210 -5%
2024	$11,666 -4.3%	$582,326 -1.8%
2023	$12,190	$593,000

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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