398 NE 5th St # 4003, Miami FL 33132, Miami
$2,950
Miami, FL, 33132
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 439 sqft
- Year built
- 2022
- Type
- Condominium
- Days on market
- 0
- MLS #
- A12057950
Listing courtesy of Sigma Real Estate & Investment · rfayad@riadfayad.com. Listing agent: Riad Fayad. MLS data last updated 2026-07-22.
Description
Experience the ultimate Downtown Miami lifestyle at The Elser Residences with flexible lease terms from 3 to 6 months or up to 1 year. This fully furnished studio showcases breathtaking panoramic views of Biscayne Bay and the Downtown skyline from one of the building's most desirable lines. Designed with floor-to-ceiling windows, elegant finishes, and a smart open layout, the residence features a fully equipped kitchen, modern bathroom, in-unit washer and dryer, and all utilities included except electricity. Enjoy resort-style amenities including a spectacular bayfront pool deck, two-story state-of-the-art fitness center, private beach club access, sky lounge, co-working spaces, grilling terrace, 24/7 concierge, and valet parking. Ideally located in the heart of Downtown Miami, just steps from Bayside Marketplace, Kaseya Center, Miami Worldcenter, and Brightline Station, and minutes from Brickell, Miami Beach, and Miami International Airport. Surrounded by world-class dining, shopping, and entertainment, this residence offers an unmatched blend of luxury, convenience, and vibrant city living.
398 NE 5th St # 4003, Miami FL 33132, Miami — for rent, listed for $2,950 (1 bed, 1 bath, 439 sqft).
252 1-bed rentals in 33132 · median $3,300.
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 · 2026-07-28 · Methodology
Run the numbers
Browse this price segment
n=2,412 · 2026-07-28 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Are sellers cutting prices here?
28% of the 252 active 1-bed rentals in 33132 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=252 · 2026-07-28 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $4/sqft — 20% above the Miami median asking of $4/sqft.
n=241 · 2026-07-28 · Methodology
Current market segment
Right now: 252 active 1-bed rentals in 33132, median asking price $3,300, median $4/sqft.
n=252 · 2026-07-28 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · Methodology
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