Elser Hotel & Residences,Elser Hotel & Reside

398 NE 5th St # 4409, Miami FL 33132

2 beds · 2 baths · 1,202 ft²

For Sale · Active Listing

$8,250

3.13%

Est. Payment $44/mo

MLS Sheet Video

Bedrooms

Bathrooms

1,202

Sq. Ft.

2022

Year Built

Garage

Stories

241

Days on Market

Description

Experience oceanfront luxury in this spacious 2-Bedroom/2-bathrooms Ocean View condo at The Elser Miami. Features a King and Queen bedroom, fully equipped modern kitchen with Italian cabinetry and quartz countertops, spa-inspired ensuite baths, and comes fully furnished and stocked in a breezy coastal style. Located in the heart Downtown Miami, an epicenter of culture, fashion, dining, art, and entertainment. From waterfront parks to world-class restaurants and nightlife

Facts

MLS#: A11899679
Subdivision: Elser Hotel & Residences,Elser Hotel & Reside
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 2022
Lot Size: 0 sqft
Sq. Ft.: 1,202 ft²
Sq. Mt.: 112 m²
Price per sq. ft.: $7/ft²
Price per sq. mt.: $74/m²
Stories: 47
Garage: 1 spaces
Pool: —
Days on Market: 241 days
Listed: Oct 20, 2025
Last Updated: Jul 21, 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

July 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).

5/19/2026	Price change	$8,250+3.1%
10/20/2025	Listed for sale	$8,000

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 # 4409, Miami FL 33132Directions

GreatSchools Summary Ratings

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

Mini Me Daycare Learning Center Ii
PK,KG · private · 0.2 mi
Dr. Carlos J. Finlay Elementary School
PK,KG,1,2,3,4,5 · public · 0.4 mi
Childrens Creative Learning Center At Fiu
PK,KG · private · 0.5 mi
Mini ME Daycare Learning Center II
PK,TK,KG,1 · private · 0.5 mi
Gladeview Christian School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
Wesley Matthews Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Academy for Advanced Academics
11,12 · public · 0.7 mi
Miami Dade Christian Academy
9,10,11,12 · private · 0.7 mi
Academir Preschool Learning Center
PK,KG,1 · private · 0.7 mi
The Adventist School Academy Learning Center
PK,KG,1,2,3,4,5 · private · 0.8 mi

Affordability

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

$27,500

gross income / month to qualify

Monthly rent$8,250

Required annual income$330,000

Security deposit (est.)$8,250

Move-in cost (1st + last + security)$24,750

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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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