THE ELSER

398 NE 5th St # 2316, Miami FL 33132

1 baths · 362 ft²

Closed

$475,000

Est. Payment $2,528/mo

MLS Sheet Video

Bathrooms

362

Sq. Ft.

2022

Year Built

Garage

Stories

230

Days on Market

Description

Fabulous Studio Hotel/Condo unit located in the heart of Downtown Miami. This unit features a full kitchen with all appliances, is completely furnished with modern furniture and flat screen TV. King size bed and pull out couch for extra room. Unbelievable East Miami Views of Miami Beach and Biscayne Bay. This Hotel Condo features a wrap around pool, two story gym, valet parking and so much more! Location offers easy access to Kaseya Center, Bayside Marketplace, All Major Roadways, Port of Miami, Public Parks and Public Transportation! Enjoy world-class amenities, stunning water vistas, and the flexibility of short or long-term rentals, an excellent investment opportunity with outstanding income potential. Don't miss it!

Facts

MLS#: A11877428
Subdivision: THE ELSER
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2022
Lot Size: 0 sqft
Sq. Ft.: 362 ft²
Sq. Mt.: 34 m²
Price per sq. ft.: $1,312/ft²
Price per sq. mt.: $13,971/m²
Stories: 40
Garage: 1 spaces
Pool: —
Days on Market: 230 days
Listed: Sep 12, 2025
Last Updated: May 7, 2026
Price/Lot Sq.Ft.: —

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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).

5/7/2026	Sold	$475,000
9/12/2025	Listed for sale	$475,000

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 # 2316, Miami FL 33132Directions

GreatSchools Summary Ratings

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

Sunrise Park Elementary School
PK,KG,1,2,3,4,5 · public · 0.2 mi
Eagles Landing Middle School
6,7,8 · public · 0.2 mi
Sandpiper Shores Elementary School
PK,KG,1,2,3,4,5 · public · 1.2 mi
West Glades Montessori School
PK,KG · private · 1.4 mi
Florence Fuller Cdc S 185th St
PK,KG · private · 1.7 mi
Boca Prep International School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.8 mi
West Boca Raton Community High School Adult Education Center
UG · public · 2.0 mi
Boca Raton Jewish Lc
PK,KG · private · 2.1 mi
Boca Raton Jewish Learning Center
PK,KG,1 · private · 2.1 mi
West Boca Raton High School
9,10,11,12 · public · 2.1 mi

Estimated Monthly Payment

$3,074/mo

Principal & Interest

$2,528

Property Tax

$396

Insurance

$150

HOA

Down Payment20% ($95,000)

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

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