MIAMI LUXHomes

398 NE 5th St # 3207, Miami, FL 33132

$720,0000 Beds1 Baths442 Sq. Ft.$1,629 / sq. ft.

Miami, FL 33132 · The Elser Hotel & Residences

Status
Active
Type
Condominium
Year Built
2022
Days on Market
256
MLS #
A11949064
County
Miami-Dade County

About 398 NE 5th St # 3207, Miami, FL 33132

High-floor, fully furnished studio at The Elser Hotel & Residences showcasing panoramic skyline and Biscayne Bay views. Sleek open layout with wood-look porcelain flooring, floor-to-ceiling glass, and a private balcony. Turnkey and rental-ready with daily rentals permitted and no minimum lease—ideal for income-producing ownership or flexible luxury living. Full-service condo-hotel offering a 24/7 front desk, resort-style amenities, and a prime Downtown Miami location near Miami Worldcenter, dining, and entertainment.

How This Listing Compares in Miami

Per square foot, it is asking 310% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

This homeMiami median (12 mo)
Price per sq. ft.$1,629$397
0-bedroom price$720,000$337,500
Days on market25651

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 398 NE 5th St # 3207, Miami, FL 33132

Bathrooms Full
1
Bathrooms Half
0
Interior Features
Built-in Features, Walk-In Closet(s)
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator
Flooring
Tile
Heating
Central, Electric
Cooling
Central Air, Electric
Architectural Style
High Rise
Garage Spaces
1
Parking Features
1 Space
Pool Private
No
Year Built Details
Effective Year Built

The Building at 398 NE 5th St # 3207, Miami, FL 33132

Building Name
The Elser
Building Area Total
442
Building Area Units
Square Feet
Stories Total
49
Entry Level
32
Association
Yes
Association Fee
$680
Association Fee Frequency
Monthly
Association Amenities
Bar, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub, Trash Chute
Pets Allowed
Yes
Security Features
Doorman, Elevator Secure, Card Entry

Lot, Views & Construction at 398 NE 5th St # 3207, Miami, FL 33132

Lot Size Square Feet
0
Waterfront
Yes
View
Bay, Ocean View, Water View
Construction Materials
Concrete Block With Brick, CBS Construction
Exterior Features
East Of Us1, Open Balcony
New Construction
No

Taxes & Public Record for 398 NE 5th St # 3207, Miami, FL 33132

Parcel Number
01-41-37-078-2230
Tax Annual Amount
$11,038
Tax Year
2,024
Tax Legal Description
398 NE 5TH STREET CONDO UNIT 3207 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
County Or Parish
Miami-Dade County

Map & Neighborhood

398 NE 5th St # 3207, Miami, FL 33132 · More homes in Miami

Courtesy of BM2 Realty

Comparable Listings in Miami

398 NE 5th St # 3207, Miami, FL 33132 at a Glance

Offered for sale in Miami 33132, 398 NE 5th St # 3207 is a condo with 0 bedrooms, 1 bathrooms and about 442 square feet of living space, dating to 2022. The asking price is $720,000, on the market since January 23, 2026, with BM2 Realty as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.