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398 NE 5th St # 4006, Miami FL 33132, Miami

$729,800

Miami, FL, 33132

398 NE 5th St # 4006, Miami FL 33132 — photo 1
398 NE 5th St # 4006, Miami FL 33132 — photo 2398 NE 5th St # 4006, Miami FL 33132 — photo 3398 NE 5th St # 4006, Miami FL 33132 — photo 4398 NE 5th St # 4006, Miami FL 33132 — photo 5398 NE 5th St # 4006, Miami FL 33132 — photo 6398 NE 5th St # 4006, Miami FL 33132 — photo 7398 NE 5th St # 4006, Miami FL 33132 — photo 8398 NE 5th St # 4006, Miami FL 33132 — photo 9398 NE 5th St # 4006, Miami FL 33132 — photo 10398 NE 5th St # 4006, Miami FL 33132 — photo 11398 NE 5th St # 4006, Miami FL 33132 — photo 12

Property details

Bedrooms
1
Bathrooms
1
Living area
443 sqft
Year built
2022
Type
Hotel/Motel
Association fee
$150 / quarterly
Days on market
796
MLS #
A11560900

Listing courtesy of KWG Realty Group LLC · 954-980-6666. Listing agent: Rongjie Sun. MLS data last updated 2025-12-23.

Description

THE ELSER Hotel & Residences. BRAND NEW! OCEAN view unit excellent location in the heart of Downtown Miami. Italian kitchen, quartz counter, Fully furnished & equipment, Resort style amenities, Co working spaces, Sky entertainment Lounge & more to discover. Ready to move to enjoy a Miami lifestyle

398 NE 5th St # 4006, Miami FL 33132, Miamifor sale, listed for $729,800 (1 bed, 1 bath, 443 sqft).

$1,647/sqft · 98% percentile · based on 1,618 1-bed listings for sale in miami (median $552/sqft).

Run the numbers

Price position

$1,647/sqft against a $552/sqft median across 1,618 comparable 1-bed listings for sale in miami.

Percentile position: 98%.

n=1,618 · 2026-07-29 · 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 · 2026-07-29 · Methodology

Price-reduction climate

38% of 1,656 active 1-bed listings for sale in miami are listed below their original asking price.

n=1,656 · 2026-07-29 · 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=292 · 2026-07-29 · Methodology

Competition for this listing

Right now: 1,656 active 1-bed listings for sale in miami, median asking price $432,944, median $552/sqft.

n=1,656 · 2026-07-29 · Methodology

Association fee context

The $50 association fee compares with a $836 median across 1,602 1-bed listings for sale in miami that report fees.

n=1,602 · 2026-07-29 · Methodology

Closest-priced alternatives

The 4 active listings closest in price within the same market segment:

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.