398 NE 5TH STREET

398 NE 5th St # 4209, Miami FL 33132

2 beds · 2 baths · 983 ft²

Closed

$1,857,000

Est. Payment $9,884/mo

MLS Sheet Video

Bedrooms

Bathrooms

983

Sq. Ft.

2022

Year Built

Stories

Days on Market

Description

The Elser Hotel & Residences is positioned in Miami's most magnetic locale, downtown Miami. The brand-new, move-in-ready condo building offers a lively dynamic lifestyle for tastemakers of every stripe. Enjoy access to an abundance of well-appointed amenities and direct proximity to world-class entertainment, arts, and dining. The Elser Hotel & Residences comes equipped with the latest in smart home technology and amenities including a double-height pool deck with a 132 ft resort-style pool, a two-level modern gym and fitness studio, an outdoor yoga deck, and a lawn with unobstructed stunning Biscayne Bay and downtown city views.

Facts

MLS#: A11712356
Subdivision: 398 NE 5TH STREET
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2022
Lot Size: 0 sqft
Sq. Ft.: 983 ft²
Sq. Mt.: 91 m²
Price per sq. ft.: $1,889/ft²
Price per sq. mt.: $20,407/m²
Stories: 49
Garage: —
Pool: —
Days on Market: 71 days
Listed: Dec 19, 2024
Last Updated: Mar 6, 2025
Price/Lot Sq.Ft.: —

Comparable homes

Same ZIP, similar price + bedrooms.

$1,775,000

2 bd · 2 ba · 977 sqft

20 NE 11th St # 2710, Miami FL 33132

$1,950,000

2 bd · 2 ba · 1,169 sqft

20 NE 11th St # 4602, Miami FL 33132

$1,737,500

2 bd · 2 ba · 1,022 sqft

20 NE 11th St # 4502, Miami FL 33132

$2,000,000

2 bd · 2 ba · 945 sqft

20 NE 11th # 3706, Miami FL 33132

$1,699,999

2 bd · 2 ba · 1,093 sqft

20 NE 11th St # 4006, Miami FL 33132

$1,699,999

2 bd · 2 ba · 977 sqft

20 NE 11th St # 4308, Miami FL 33132

1040 Biscayne Blvd # 1403, Miami FL 33132

SOLD

$1,695,000

2 bd · 3 ba · 1,794 sqft

1040 Biscayne Blvd # 1403, Miami FL 33132

1040 Biscayne Blvd # 1602, Miami FL 33132

$1,682,000

2 bd · 3 ba · 1,802 sqft

1040 Biscayne Blvd # 1602, Miami FL 33132

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/6/2025	Sold	$1,857,000
12/19/2024	Listed for sale	$1,857,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

398 NE 5th St # 4209, Miami FL 33132Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Aventura City Of Excellence School
KG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Biscayne Academy
UG · private · 0.6 mi
Philosophical and Spiritual University
UG · private · 0.7 mi
Norman S. Edelcup/Sunny Isles Beach K-8
PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
Spirit Of Christ Child Development Center & Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Spirit Of Christ Child Development Center
PK,KG · private · 0.9 mi
Spirit of Christ Child Development Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Ojus Elementary School
PK,KG,1,2,3,4,5 · public · 0.9 mi
SmartKids Miami
PK,KG · private · 0.9 mi
St Lawrence Elementary School
KG,1,2,3,4,5,6,7,8 · private · 1.0 mi

Estimated Monthly Payment

$11,581/mo

Principal & Interest

$9,884

Property Tax

$1,548

Insurance

$150

HOA

Down Payment20% ($371,400)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Updated within 24 hours