THE ELSER RESIDENCES

398 NE 5th St # 4008, Miami FL 33132

1 beds · 1 baths · 430 ft²

For Sale · Active Listing

$3,100

11.43%

Est. Payment $16/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

430

Sq. Ft.

2022

Year Built

1

Garage

49

Stories

419

Days on Market

Description

Picture this… You wake up on the 40th floor. You walk toward the window, coffee in hand, and Miami is right there in front of you. Biscayne Bay stretching out, the skyline glowing, and the Signature Bridge lighting up at night like a piece of art just for you. That’s not a vacation. That’s your everyday life. This 1-bedroom, 1-bath residence at The Elser is ready when you are. High ceilings, sleek Italkraft kitchen, and floor-to-ceiling windows that make the city feel like part of your living room. Enjoy downstairs at the resort-style pool, in the two-story gym, at the spa, or stepping out to some of the best dining and nightlife Miami has to offer. Valet, concierge, smart building tech everything is handled. It’s elevated, effortless, and exactly what Miami living should feel like. Come see it in person. Once you step inside, you’ll get it.

Facts

MLS#
A11769688
Subdivision
THE ELSER RESIDENCES
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
2022
Lot Size
0 sqft
Sq. Ft.
430 ft²
Sq. Mt.
40 m²
Price per sq. ft.
$7/ft²
Price per sq. mt.
$78/m²
Stories
49
Garage
1 spaces
Pool
Days on Market
419 days
Listed
Mar 26, 2025
Last Updated
May 19, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

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

55

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).

12/15/2025Price change$3,100-11.4%
3/26/2025Listed for sale$3,500

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 # 4008, Miami FL 33132Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$10,333

gross income / month to qualify

Monthly rent$3,100
Required annual income$124,000
Security deposit (est.)$3,100
Move-in cost (1st + last + security)$9,300

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 11 hours ago

Similar listings nearby

More homes in Miami around $3,100.

Call NowWhatsApp