MAP OF MIAMI DADE CO. FL.

398 NE 5th St # 4716, Miami FL 33132

1 baths · 362 ft²

For Sale · Active Listing

$525,000

Est. Payment $2,794/mo

MLS Sheet Video

1

Bathrooms

362

Sq. Ft.

2022

Year Built

51

Stories

61

Days on Market

Description

Experience elevated living and exceptional investment potential at The Elser Miami, one of Downtown Miami’s most sought-after luxury residences. This fully furnished studio showcases breathtaking views of Biscayne Bay and the Miami skyline, blending modern design with high-end finishes for a turnkey opportunity. Designed for both lifestyle and income, the building offers world-class amenities including resort-style pool, fitness center, spa, business lounge, and on-site dining—including a Michelin-starred culinary experience. Ideal for short-term rentals, with flexible leasing options maximizing income potential. Located in the heart of Downtown Miami, just steps from Bayside, world-class museums, entertainment, and minutes to Brickell, South Beach, and Key Biscayne. This is a rare opportunity to own in one of Miami’s most dynamic and high-demand rental markets. Perfect for investors seeking strong returns or buyers looking for a luxury pied-à-terre in a prime waterfront location.

Facts

MLS#
A11995606
Subdivision
MAP OF MIAMI DADE CO. FL.
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.
$1,450/ft²
Price per sq. mt.
$15,441/m²
Stories
51
Garage
Pool
Days on Market
61 days
Listed
Apr 6, 2026
Last Updated
Apr 7, 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

43

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).

4/6/2026Listed for sale$525,000

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 # 4716, 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.

Estimated Monthly Payment

$3,382/mo

Principal & Interest

$2,794

Property Tax

$438

Insurance

$150

HOA

$0

20% ($105,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

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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.

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