Price reducedMLS® A11968390

$495,000

↓ Price reduced $130,000 on Sep 24, 2026

398 NE 5th Street 4313, Miami, FL 33132

Beds: 0
Baths: 1
Sqft: 357

Est. payment$4,237/mo

Home type: Condominium
Year built: 2022
Lot size: —
Price / sqft: $1,387
HOA: $549/mo
Community: MAP OF MIAMI DADE CO. FL.

Property description

Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one.Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services.Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.

Listing activity

Days on market: 217
Listed: Feb 19, 2026
MLS listing updated: Sep 24, 2026
Feed last checked: 7 minutes ago

Listed by Ozan Hosgor · United Realty Group Inc

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: Elevator
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Other
Other equipment: Other

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 1
Garage: Yes
Covered spaces: 1
Parking features: Covered, Valet
Attached garage: No

Exterior

Stories: 49
Building area: 357 sqft
Exterior features: Balcony, Barbecue
View: Ocean, Bay, Water, Skyline
Waterfront: Other, Bay
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 2022
New construction: Yes

Materials

Construction: Block, CBS
Property condition: Resale, New Construction

Utilities & green energy

Utilities

Utilities: Cable Available

Community & HOA

Community

Subdivision: MAP OF MIAMI DADE CO. FL.
MLS area: 2420
Security: Fire Alarm, Fire Sprinkler System, Key Card Entry, Security System, Smoke Detector(s)
Pets allowed: Pet Restrictions Possible, Yes
55+ community: No

Association

Has association: Yes
Association fee: $1,647 quarterly
Estimated monthly dues: $549
Amenities: Pool, Clubhouse, Community Room, Elevator(s), Fitness Center, Lobby, Parking, Playground, Spa/Hot Tub
Services included: Pool Service

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: A11968390
Possession: Close Of Escrow
Original list price: $625,000
Parcel number: 0141370784380
Annual property tax: $10,456
Tax year: 2025
Tax legal description: 398 NE 5TH STREET CONDO UNIT 4313 UNDIV 0.0904% INT IN COMMON ELEMENTS OFF REC 33416-1520

Additional MLS details

Reported by the listing source

Association Amenities: Pool, Clubhouse, Community Room, Elevator(s), Fitness Center, Lobby, Parking, Playground, Spa/Hot Tub
Association Fee Frequency: Quarterly
Association Fee Includes: Pool Service
Association: Yes
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 357
Construction Materials: Block, CBS
County Or Parish: Miami-Dade
Days On Market: 217
Elementary School: Frederick Douglass
High School: Booker T. Washington
List Price: 495000
Listing Contract Date: 2026-02-19
Living Area: 357
MLSArea Major: 2420
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2026-02-19
Photos Count: 20
Postal Code: 33132
Price Change Timestamp: 2026-09-24T18:19:09Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Fire Alarm, Fire Sprinkler System, Key Card Entry, Security System, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-02-19T05:00:00Z
Stories Total: 49
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Waterfront Features: Other, Bay
Tax Annual Amount: 10456
Bathrooms Full: 1
Bedrooms Total: 0
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 549

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
Feb 19, 2026	ListedMIAMI REALTORS® MLS	$625,000$1,751/sqft
Sep 24, 2026	Price reducedMIAMI REALTORS® MLS	$495,000$1,387/sqft

Public tax history

Year	Property taxes	Assessment
2025	$10,456	—

Payment calculator

Estimated monthly payment$4,237/moIllustrative estimate, not a loan offer.

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

Principal & interest: $2,568
Property taxes: $871
Insurance: $248
Association dues: $549

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

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