398 NE 5th Street # 4015, Miami FL 33132, Miami
$819,000
Miami, FL, 33132
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 560 sqft
- Year built
- 2022
- Type
- Condominium
- Association fee
- $2,583 / quarterly
- Days on market
- 117
- MLS #
- B26010042
Listing courtesy of Compass Florida, LLC · 305-851-2820. Listing agent: David Omachonu. MLS data last updated 2026-07-28.
Description
Welcome to The Elser - the embodiment of what it means to own real estate in Miami. At the intersection of luxury & investment, this fully furnished, private corner unit features breathtaking water views only minutes from the airport and Miami Beach. The timeless design, supreme location and income generating potential makes it the perfect lifestyle investment for future owners. The City of Miami is one of the most globally recognized municipalities in the world. Don't miss the opportunity to own a piece of it. World Class Amenities: Rooftop Pool Deck & Bar Restaurant, State of The Art Fitness Facility, Steps away from Miami Heat's Arena.
398 NE 5th Street # 4015, Miami FL 33132, Miami — for sale, listed for $819,000 (1 bed, 1 bath, 560 sqft).
$1,463/sqft · 92% percentile · based on 291 1-bed listings for sale in 33132 (median $680/sqft).
Current market segment
Right now: 301 active 1-bed listings for sale in 33132, median asking price $535,000, median $680/sqft.
n=301 · 2026-07-28 · 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 · 2026-07-28 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $680/sqft — 23.1% above the Miami median asking of $552/sqft.
n=291 · 2026-07-28 · Methodology
Run the numbers
How is this priced?
At $1,463 per square foot, this listing sits at the 92% percentile of the 291 comparable 1-bed listings for sale in 33132 on the market right now.
The current median for that group is $680/sqft, so this asking price is above the middle of its market.
n=291 · 2026-07-28 · Methodology
Browse this price segment
n=2,614 · 2026-07-28 · Methodology
Price-reduction climate
39% of 301 active 1-bed listings for sale in 33132 are listed below their original asking price.
n=301 · 2026-07-28 · Methodology
Time on market
This listing has been on the market 117 days; the median across 301 1-bed listings for sale in 33132 is 84 days.
n=301 · 2026-07-28 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · 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.