398 NE 5th St # 3810, Miami FL 33132, Miami
$850,000
Miami, FL, 33132
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 509 sqft
- Year built
- 2022
- Type
- Condominium
- Association fee
- $567 / monthly
- Days on market
- 255
- MLS #
- A11881372
Listing courtesy of Real Broker LLC · 855-450-0442. Listing agent: Jose Munoz. MLS data last updated 2026-01-15.
Description
Experience luxury and flexibility at Unit 3810 in The Elser Hotel & Residences — a fully furnished 1-bedroom, 1-bath high-floor condo with breathtaking direct bay views in the heart of Downtown Miami. Ideally located across from Bayside Marketplace and steps from the Kaseya Center, Miami Worldcenter, and MetroMover, this turnkey residence is perfect for both personal use and nightly rentals. The Elser offers resort-style amenities, including a massive bayfront terrace with pool, hot tub, grills, and outdoor theater, plus a two-story fitness center, coworking spaces, on-site dining, and 24/7 concierge. With walkable access to shopping, dining, events, and waterfront parks, Unit 3810 is the ideal lifestyle and investment opportunity in one of Miami’s fastest-growing neighborhoods.
398 NE 5th St # 3810, Miami FL 33132, Miami — for sale, listed for $850,000 (1 bed, 1 bath, 509 sqft).
$1,670/sqft · 96% percentile · based on 292 1-bed listings for sale in 33132 (median $680/sqft).
Price-reduction climate
38% of 302 active 1-bed listings for sale in 33132 are listed below their original asking price.
n=302 · 2026-07-29 · Methodology
Price per square foot
This listing is priced at $1,670 per square foot, which is the 96% percentile among 292 active 1-bed listings for sale in 33132 (median $680/sqft).
n=292 · 2026-07-29 · Methodology
Run the numbers
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=292 · 2026-07-29 · Methodology
Browse this price segment
n=2,614 · 2026-07-29 · Methodology
Local market report
Observed price & status history
Asking price reduced from $930,000 to $850,000.
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 · 2026-07-29 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · 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.