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Overview

  • Updated On:
  • 06/25/2026
  • 305947
  • Property ID
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1,150 ft2
  • Property Size
  • 2022
  • Year Built:

Condo for Sale in Miami, FL 33132 – 3 Bedrooms, 3 Baths – $1399999

$ 1,399,999
398 NE 5th St UNIT 1601, Miami

Description

Experience luxury in this stunning 3-bed, 3-bath residence at The Elser Hotel & Residences in Downtown Miami. Enjoy breathtaking views of Biscayne Bay and the city skyline from floor-to-ceiling windows and a private balcony. The open-concept layout features a gourmet kitchen with high-end finishes, smart keyless entry, and a 9’2″ ceiling height. Perfect for investors, this fully furnished unit allows short-term rentals with no restrictions, or live year-round in style. The Elser offers resort-style amenities: a rooftop pool, fitness center, and 24/7 concierge. Steps from Bayfront Park, top dining, and entertainment, this residence delivers a vibrant, sophisticated lifestyle. Schedule a tour today to discover modern Miami living at its finest!

Address: 398 NE 5th St UNIT 1601
City:
State/County:
Zip: 33132
Country: United States

Property Id: 305947
Price: $ 1,399,999
Property Size: 1,150 ft2
Bedrooms: 3
Bathrooms: 3
Year Built: 2022

Energy Class: A+
Energy class A+
A+
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AvailMax Intelligence

Neighborhood & Market Insights

List price $1,399,999 Current property price
Price per sq ft $1,217 1,150 sq ft listed
Area median $659,500 32 comparables
Internal estimate $756,201 - $852,737 Based on area price per sq ft
School district 1 school Provider ready
Walkability & Transit Ready for data
Walk Score Connect location Uses the existing Walk Score setup
Transit Score Pending Shown when Walk Score returns transit coverage
Location signal Miami 398 NE 5th St UNIT 1601, 33132, Miami, Florida
Open Walk Score
Neighborhood Market Strong sample
Median list price $659,500
Median price per sq ft $700
Trend lens Current active inventory
Valuation source Internal market model
This property $1,399,999
Area median $659,500
Estimate lens $804,469

This property is 112.3% above the current neighborhood median.

Price History Listing timeline
12/18/2025 Listed $1,399,999
06/25/2026 Last updated $1,399,999
Schools & District Provider ready
Schools Miami Ready for school data provider mapping.

The schools block is active and ready for district, ratings, and assigned-school provider data.

Estimated Value History Trend ready
12/18/2025 Listing baseline $1,399,999
06/25/2026 AvailMax estimate range $756,201 - $852,737

-42.5% modeled change across available points

Miami Florida 33132
Data sources
Walk Score setup AvailMax active listings AvailMax market model School metadata Listing and valuation history

$ 9,581.20
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,831.20

Transport
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Schools
Restaurants
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Important Listing Information

Property ID: 305947

Property Address: 398 NE 5th St UNIT 1601, Miami, Florida, 33132

Property details, pricing, availability, photos, dimensions, neighborhood information, and energy-related data may be provided by the property owner, listing agent, user submissions, or third-party data sources. Information may change without notice and should be independently verified before making any real estate, financial, or legal decision.

AvailableMax is a U.S.-based real estate technology platform that enables listing visibility and direct connections between users. AvailableMax does not represent buyers, sellers, landlords, or tenants in real estate transactions, and does not provide brokerage, legal, lending, or closing services unless expressly stated otherwise.

Photos, media, and listing content may be uploaded by users or supplied by third-party sources. Availability, accuracy, completeness, ownership, and usage rights of submitted materials are the responsibility of the submitting source.

Energy-related metrics and similar property attributes may be estimate-based or source-provided and may not reflect official governmental or certified assessments.

Data last updated: June 25, 2026 — 9:51 AM

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