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ActiveFor sale

398 NE 5th Street # 2017, Miami FL 33132, Miami

$1,150,000

Miami, FL, 33132

398 NE 5th Street # 2017, Miami FL 33132 — photo 1
398 NE 5th Street # 2017, Miami FL 33132 — photo 2398 NE 5th Street # 2017, Miami FL 33132 — photo 3398 NE 5th Street # 2017, Miami FL 33132 — photo 4398 NE 5th Street # 2017, Miami FL 33132 — photo 5398 NE 5th Street # 2017, Miami FL 33132 — photo 6398 NE 5th Street # 2017, Miami FL 33132 — photo 7398 NE 5th Street # 2017, Miami FL 33132 — photo 8398 NE 5th Street # 2017, Miami FL 33132 — photo 9398 NE 5th Street # 2017, Miami FL 33132 — photo 10398 NE 5th Street # 2017, Miami FL 33132 — photo 11398 NE 5th Street # 2017, Miami FL 33132 — photo 12

Property details

Bedrooms
3
Bathrooms
3
Living area
1,043 sqft
Year built
2022
Type
Condominium
Association fee
$1,500 / monthly
Days on market
123
MLS #
F10546420

Listing courtesy of Keller Williams Legacy · 954-358-6000. Listing agent: Maria Corina Martinez. MLS data last updated 2026-05-31.

Description

Turn-key, fully furnished unit @ The Elser. Located in the heart of Downtown Miami. Enjoy stunning 180-degree views from sunrise to sunset, with Biscayne Bay and vibrant city views as your backdrop. 2 Bedroom + Open Den with 3 full baths. Flexible use allows personal enjoyment, full-time living, or income-producing short-term rentals via hotel program or approved platforms. High-end design features a modern kitchen, washer & dryer, and private balcony. Hotel amenities include a wrap-around bayfront pool & bar, two-story fitness center, spa, business center, valet, concierge, and South Beach beach club service. Steps from Bayside Marketplace, Kaseya Center, Brightline, theraters, Brickell & minutes to Port of Miami & Wynwood. Live, rent, or both—luxury lifestyle and investment in one.

398 NE 5th Street # 2017, Miami FL 33132, Miamifor sale, listed for $1,150,000 (3 bed, 3 bath, 1,043 sqft).

$1,103/sqft · 91% percentile · based on 2,021 3-bed listings for sale in miami (median $428/sqft).

Run the numbers

Local market report

ZIP vs city price level

Active listings like this in ZIP 33132 show a median asking $983/sqft — 130% above the Miami median asking of $428/sqft.

n=73 · 2026-07-30 · Methodology

Price position

$1,103/sqft against a $428/sqft median across 2,021 comparable 3-bed listings for sale in miami.

Percentile position: 91%.

n=2,021 · 2026-07-30 · Methodology

Availability in The Elser

86 listings are currently active in this building across 75 distinct units (39 × 1-bed, 10 × 2-bed, 19 × 3-bed, 18 × studio).

n=86 · 2026-07-30 · Methodology

Observed price & status history

Asking price reduced from $1,200,000 to $1,150,000.

New-listing flow (recorded)

3-bed listings for sale in miami: 46 observed debuts, 1-week window with entry asking prices $315,000–$4,500,000.

n=46 · 2026-07-30 · Methodology

Browse this price segment

n=1,527 · 2026-07-30 · Methodology

Market intelligence recomputed weekly from the full live MLS feed · 2026-07-30 · Methodology

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.