$517,000
398 NE 5th St # 4412, Miami FL 33132
Miami, FL, 33132
- Year Built
- 2022
- Property Type
- Condominium
- HOA Fee
- $474/mo
- Annual Taxes
- $10,068/yr
- MLS #
- A11995616
Market Position
Using 200 of 294 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $517,000 · area median: $387,000
- Days on market
- 61 · area median: 49
Priced below 13% of 200 comparable listings · area median: $946/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 29, 2026 · Newest source update: Jul 28, 2026
Listing courtesy of Miami Masterpiece · 786-728-9127
Listed by Carla Ruiz Contreras
Last updated: Apr 7, 2026
Overview
Experience elevated urban living in the heart of Downtown Miami at The Elser Hotel Residences. This fully furnished studio showcases breathtaking panoramic views of Biscayne Bay and the Miami skyline from a high-floor vantage point. Designed for both lifestyle and investment, this condo-hotel unit offers a seamless blend of luxury, flexibility, and income potential. Owners benefit from short-term rental permissions, making it an exceptional opportunity for investors seeking strong returns in one of Miami’s most dynamic locations. Residents and guests enjoy resort-style amenities including a heated pool, bar, valet service, and secured lobby, all within walking distance to world-class dining, entertainment, cultural venues, and waterfront attractions. A rare opportunity to own a turnkey property in a prime Downtown Miami location with unmatched rental versatility and lifestyle appeal.
Features
Interior
Exterior
Flooring
Heating
Cooling
Parking
View
Appliances
est.$3,927/mo
Est. payment based on a $517,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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