Active Under ContractMLS® A11995616

$517,000

398 NE 5th Street 4412, Miami, FL 33132

Beds: 0
Baths: 1
Sqft: 341

Est. payment$4,255/mo

Home type: Condominium
Year built: 2022
Lot size: —
Price / sqft: $1,516
HOA: $474/mo
Community: MAP OF MIAMI DADE CO. FL.

Property description

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.

Listing activity

Days on market: 181
Listed: Apr 6, 2026
MLS listing updated: Oct 15, 2026
Feed last checked: 10 minutes ago

Listed by Carla Michelle Ruiz Contreras · Miami Masterpiece

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
Flooring: Ceramic Tile
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer
Furnished: Furnished

Heating & cooling

Heating: Electric
Cooling: Electric

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: Valet
Attached garage: No

Exterior

Stories: 51
Building area: 341 sqft
Exterior features: Courtyard, Barbecue, Tennis Court(s)
View: Intracoastal, Bay, Water
Waterfront: None, Bay
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 2022
New construction: No

Materials

Construction: CBS
Property condition: Resale

Utilities & green energy

Utilities

Electric: Circuit Breakers

Community & HOA

Community

Subdivision: MAP OF MIAMI DADE CO. FL.
MLS area: 2420
Security: Elevator Secure, Lobby - Attended, Security System, Smoke Detector(s)
Pets allowed: Pet Restrictions Possible, Yes
55+ community: No

Association

Has association: Yes
Association fee: $474 monthly
Estimated monthly dues: $474
Amenities: Maintenance, Pool, Bar, Billiard Room, Business Center, Cabana, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Kitchen Facilities, Picnic Area, Playground
Services included: Security, Sewer, 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: A11995616
Possession: Negotiable
Original list price: $517,000
Parcel number: 0141370784050
Annual property tax: $10,068
Tax year: 2025
Tax legal description: 398 NE 5TH STREET CONDO UNIT 4412 UNDIV 0.0864% INT IN COMMON ELEMENTS OFF REC 33416-1520
Special listing conditions: Short Sale

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Bar, Billiard Room, Business Center, Cabana, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Kitchen Facilities, Picnic Area, Playground
Association Fee Frequency: Monthly
Association Fee Includes: Security, Sewer, Trash, Water
Association: Yes
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 341
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 181
Elementary School: Frederick Douglass
High School: Booker T. Washington
List Price: 517000
Listing Contract Date: 2026-04-06
Living Area: 341
MLSArea Major: 2420
Middle Or Junior School: Jose De Diego
Mls Status: Active Under Contract
On Market Date: 2026-04-06
Photos Count: 10
Postal Code: 33132
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Elevator Secure, Lobby - Attended, Security System, Smoke Detector(s)
Senior Community: No
Standard Status: Active Under Contract
State Or Province: FL
Status Change Timestamp: 2026-10-07T02:57:56Z
Stories Total: 51
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Waterfront Features: None, Bay
Tax Annual Amount: 10068
Bathrooms Full: 1
Bedrooms Total: 0
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 474

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
Apr 6, 2026	ListedMIAMI REALTORS® MLS	$517,000$1,516/sqft

Public tax history

Year	Property taxes	Assessment
2025	$10,068	—

Payment calculator

Estimated monthly payment$4,255/moIllustrative estimate, not a loan offer.

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

Principal & interest: $2,683
Property taxes: $839
Insurance: $259
Association dues: $474

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