Condo in 398 NE 5th Street 4207, Miami, FL 33132 for sale with MLS# A11829784

The best investments begin with vision. One of the best-priced residences at The Elser , this fully furnished turnkey residence is professionally managed for short-term rentals, offering a seamless ownership experience in the heart of Downtown Miami. Ideally positioned along Biscayne Boulevard , adjacent to the iconic Waldorf Astoria Residences Miami and surrounded by transformative developments including Miami Worldcenter , Brightline, Kaseya Center and Bayside. Perfectly situated within one of Miami's most prestigious luxury growth corridors, this residence presents an exceptional opportunity to enjoy today while investing in tomorrow.

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398 NE 5th Street 4207, Miami, FL 33132

Price
Price:
$585,000.00
Original List Price:
$600,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,323.52
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
May 18, 2026 9:45 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
442 Sqft
Built-Up Area:
442 Sqft
Property Features
View from the Property:
Bay, Other, Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Front, None, Bayfront, Intracoastal
Swimming Pool Features:
Private
Security:
Security System, Other, Elevator Secure
Appliances:
Dryer, Dishwasher, Microwave
Interior:
Elevator
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Electric
Unit Description:
Studio
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2022
Levels:
Two
Entry Level (floor):
1
Flooring:
Ceramic Tile
Number of stories:
49
Road Frontage Type:
East of US-1
Flood Zone Code:
X
Property Condition:
New Construction
Taxes and Expenses
Tax Annual Amount:
$11,772.00
Tax Year:
2024
Association Fee:
$679.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Community
Association
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Pool, Maintenance, Elevator(s), Fitness Center, Lobby
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Cable Tv, Common Areas, Elevator
Senior Community:
No
Restrictions:
Other Restrictions
Minimum Days per Lease:
1
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 4207 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
0141370782330
Public Schools Assigned
Elementary School:
Frederick Douglass
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
June 27, 2025
Listing Agreement executed on:
June 27, 2025
Price change occurred on:
May 18, 2026 9:45 pm
Listing Status Last Changed On:
June 27, 2025 7:30 pm
Photos updated on:
July 1, 2026 3:45 pm
Last Modified:
July 7, 2026 9:02 pm
Additional Information
Courtesy of:
Related General Realty, LLC.
Attribution:
Not provided
Location
Floor Number:
42
Street Name:
5th
Street Number:
398
Unit Number:
4207
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 43.6''
Longitude:
W81° 48' 38.7''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $109,505
Median Home Value $545,100
Median Rent $2,534/mo
Median Age 34
Population 18,244

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 60 Moderate
☀️ O3 30 Good
🫁 PM2.5 60 Moderate

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Ver la Propiedad Ver la propiedad 398 NE 5th Street 4207, Miami, FL 33132
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.