THE ELSER RESIDENCES

398 NE 5th St # 4512, Miami FL 33132

1 baths · 341 ft²

For Sale · Active Listing

$2,650

10.17%

Est. Payment $14/mo

MLS Sheet Video

1

Bathrooms

341

Sq. Ft.

2022

Year Built

1

Garage

49

Stories

135

Days on Market

Description

Fully furnished 1-bedroom, 1-bath residence located in one of the most desirable lines of the building, offering breathtaking views of Biscayne Bay and the Miami skyline. Enjoy stunning sunrises, vibrant sunsets, and expansive water views from this thoughtfully designed unit. This residence offers a true resort-style experience with a wrap-around pool deck, two-story fitness center, sky lounge with panoramic views, 24/7 concierge service, and valet parking for ultimate convenience. Ideally situated in the heart of Downtown Miami, just steps from world-class dining, shopping, entertainment, and cultural destinations. Turnkey and move-in ready, perfect for tenants seeking comfort, style, and prime location.

Facts

MLS#
A11973173
Subdivision
THE ELSER RESIDENCES
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
2022
Lot Size
0 sqft
Sq. Ft.
341 ft²
Sq. Mt.
32 m²
Price per sq. ft.
$8/ft²
Price per sq. mt.
$83/m²
Stories
49
Garage
1 spaces
Pool
Days on Market
135 days
Listed
Feb 27, 2026
Last Updated
Jul 12, 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

July 2026

100/100
Buyers marketSellers market

38

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).

7/12/2026Price change$2,650-10.2%
2/27/2026Listed for sale$2,950

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 # 4512, 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.

$8,833

gross income / month to qualify

Monthly rent$2,650
Required annual income$106,000
Security deposit (est.)$2,650
Move-in cost (1st + last + security)$7,950

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

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