ActiveMLS® A11949064

$720,000

398 NE 5th Street 3207, Miami, FL 33132

Beds: 0
Baths: 1
Sqft: 442

Est. payment$5,696/mo

Home type: Condominium
Year built: 2022
Lot size: —
Price / sqft: $1,629
HOA: $680/mo
Community: MAP OF MIAMI DADE CO. FL.

Property description

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.

Listing activity

Days on market: 273
Listed: Jan 23, 2026
MLS listing updated: Oct 6, 2026
Feed last checked: 2 minutes ago

Listed by Margarita Zapata · BM2 Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Bathrooms (decimal): 1
Full bathrooms: 1
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Built-in Features, Walk-In Closet(s)
Flooring: Tile
Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Refrigerator

Heating & cooling

Heating: Central, Electric
Cooling: Central Air, Electric

Property

Parking

Garage spaces: 1
Garage: Yes
Covered spaces: 1

Exterior

Stories: 49
Building area: 442 sqft
Exterior features: Balcony
View: Ocean, Bay, Water
Waterfront: None, Bay
Waterfront property: Yes

Lot

Road frontage: East of US-1

Construction

Type & style

Home type: Condominium
Year built: 2022

Materials

Construction: CBS, Concrete Block - No Stucco

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: MAP OF MIAMI DADE CO. FL.
MLS area: 2420
Security: Elevator Secure, Key Card Entry, Lobby - Attended
Pets allowed: No Restrictions, Yes
55+ community: No

Association

Has association: Yes
Association fee: $680 monthly
Estimated monthly dues: $680
Amenities: Pool, Bar, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Sauna, Spa/Hot Tub, Trash Chute
Services included: Pool Service, Common Areas, Elevator, Maintenance Structure, Security, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33132

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11949064
Possession: Close Of Escrow
Original list price: $720,000
Parcel number: 0141370782230
Annual property tax: $11,038
Tax year: 2024
Tax legal description: 398 NE 5TH STREET CONDO UNIT 3207 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520

Additional MLS details

Reported by the listing source

Association Amenities: Pool, Bar, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Sauna, Spa/Hot Tub, Trash Chute
Association Fee Frequency: Monthly
Association Fee Includes: Pool Service, Common Areas, Elevator, Maintenance Structure, Security, Trash, Water
Association: Yes
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 442
Construction Materials: CBS, Concrete Block - No Stucco
County Or Parish: Miami-Dade
Days On Market: 273
Elementary School: Frederick Douglass
High School: Booker T. Washington
List Price: 720000
Listing Contract Date: 2026-01-23
Living Area: 442
MLSArea Major: 2420
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2026-01-23
Photos Count: 26
Postal Code: 33132
Property Sub Type: Condominium
Property Type: Residential
Road Frontage Type: East of US-1
Rooms Total: 0
Security Features: Elevator Secure, Key Card Entry, Lobby - Attended
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-01-23T13:47:17Z
Stories Total: 49
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Waterfront Features: None, Bay
Tax Annual Amount: 11038
Bathrooms Full: 1
Bedrooms Total: 0
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 680

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Jan 23, 2026	ListedMIAMI REALTORS® MLS	$720,000$1,629/sqft

Public tax history

Year	Property taxes	Assessment
2024	$11,038	—

Payment calculator

Estimated monthly payment$5,696/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $3,736
Property taxes: $920
Insurance: $360
Association dues: $680

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MAP OF MIAMI DADE CO. FL.

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary

—

Jose De DiegoMiddle

—

Booker T. WashingtonHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes