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Home » Real Estate » FL » Miami » 33132 »
$517,000
398 NE 5th St, #4412, Miami, FL, 33132
1
Bath
341
Square Feet
Carla Ruiz
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.
Offered By
Carla Ruiz Contreras, Miami Masterpiece
Property Details
Property Type
Residential Sale
Status
Active
Bathrooms (Full)
1
Property Sub Type
Condominium
Square Feet
341
MLS #
A11995616
Flooring
Ceramic Floor
Appliances
Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
Heating
Electric
Cooling
Electric
Year Built
2022
ARCHITECTURAL STYLE
High Rise
EXTERIOR FEATURES
Barbeque, Courtyard, Tennis Court(s)
Parking Features
Valet
View
Bay, Intracoastal View, Water View
CITY
Miami
SUBDIVISION
Map Of Miami Dade Co. Fl.
COUNTY
Miami-Dade County
AREA
Map Of Miami Dade Co. Fl.
STATE
FL
HOA
1
TAX AMOUNT
10068.0
HOA FEE
474.0
HOA FREQUENCY
Monthly
HOA AMENITIES
Bar, Barbecue, Billiard Room, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Pool
LATEST UPDATE
2026-04-07T01:12:11.118Z
PRICE CHANGE(S)
$517,000 Apr 7, 2026
Property Details
Property Type
Residential Sale
Status
Active
Bathrooms (Full)
1
Property Sub Type
Condominium
Square Feet
341
MLS #
A11995616
New Properties On Market
234
15%
Increase In New Listings
Average Asking Price
$434,622
$731,063 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$112
$414 Decrease In List Price/Sq. Ft.
Average Days On Market
5
16 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
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Loan Type
Down Payment
HOA Dues
Interest Rate
Estimated Property Taxes
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.