398 NE 5th St # 4712, Miami FL 33132, Miami
$521,000
Miami, FL, 33132
Property details
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 341 sqft
- Year built
- 2022
- Type
- Condominium
- Association fee
- $440 / monthly
- Days on market
- 61
- MLS #
- A11995568
Listing courtesy of Miami Masterpiece · 786-728-9127. Listing agent: Carla Ruiz Contreras. MLS data last updated 2026-04-07.
Description
Experience elevated luxury living at The Elser Hotel & Residences in Downtown Miami with this stunning high-floor studio on the 47th level, offering breathtaking panoramic views of the Miami skyline and Biscayne Bay. This fully furnished residence features high ceilings, floor-to-ceiling windows, and designer finishes throughout, creating a modern and sophisticated living experience. The sleek kitchen is equipped with premium cabinetry and top-of-the-line appliances, ideal for both everyday living and short-term rental income. Residents enjoy world-class amenities including resort-style pool, fitness center, concierge services, and an exclusive on-site Michelin-starred dining experience. Located in the heart of Downtown Miami, just minutes from Brickell City Centre, Bayside Marketplace, museums, parks, and major highways. Only a short drive to South Beach and Key Biscayne. Ideal for investors, this property allows daily rentals, making it a prime opportunity for Airbnb or short-term income in one of Miami’s fastest-growing luxury markets.
398 NE 5th St # 4712, Miami FL 33132, Miami — for sale, listed for $521,000 (0 bed, 1 bath, 341 sqft).
$1,528/sqft · 86% percentile · based on 254 studio listings for sale in miami (median $1,081/sqft).
Asking price vs segment median
$521,000 asks 13.3% above the $459,999 median across 285 studio listings for sale in Miami.
n=285 · 2026-07-30 · Methodology
Time on market
This listing has been on the market 61 days; the median across 285 studio listings for sale in miami is 74 days.
n=285 · 2026-07-30 · Methodology
Run the numbers
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
What else is available at 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
How is this priced?
At $1,528 per square foot, this listing sits at the 86% percentile of the 254 comparable studio listings for sale in miami on the market right now.
The current median for that group is $1,081/sqft, so this asking price is above the middle of its market.
n=254 · 2026-07-30 · Methodology
Association fee context
The $440 association fee compares with a $615 median across 268 studio listings for sale in miami that report fees.
n=268 · 2026-07-30 · Methodology
Browse this price segment
n=3,279 · 2026-07-30 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-30 · Methodology
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