398 NE 5th St # 4006, Miami FL 33132, Miami
$729,800
Miami, FL, 33132












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, Miami — for 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
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