398 NE 5th 2016 Miami, FL $ 399,000
398 NE 5th 2016
$ 399,000
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398 NE 5th 2016

Miami, FL, 33132
$ 399,000
Baths1.0 Sq 362

Monthly Estimate*

$ 2,489

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View a Virtual Tour
Studio

Condo for sale in Miami, FL

for $399,000 with 1 full bath. This 362 square foot condo was built in 2022.

Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals. CHECK VIRTUAL TOUR

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Condo Pending

Price

$ 399,000

Bedrooms

Studio

Full Bath

1

Property Type

Condo

Taxes

$ 9,440

Style

Year Built

2022

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11892628

Features
General
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dryer Dishwasher Electric Range Disposal Microwave Refrigerator Washer
HOA Fee 474
Garage Spaces 1
Association Fee Includes Amenities Cable TV Internet Water
Patio/Porch Features Balcony Open
Architectural Style High Rise
Pool Features Association Heated
Security Features Door Man Elevator Secured Lobby Secured Smoke Detector(s)
Restrictions Daily Rentals Allowed No RV No Truck Okay to Lease 1st Year OK To Lease See Remarks
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 2022
View Bay Ocean Water
Unit Number 2016
Property Subtype Condominium
Tax Year 2023
Waterfront Features Bayfront
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Clubhouse Elevator(s) Fitness Center Barbecue Picnic Area Playground Pool Sauna Trash
Contingency 3rd Party Approval
Subdivision Name The Elser Hotel
Garage Y/N true
Total Rooms 0
Full Baths 1
Special Listing Conditions Listed As-Is
Status Pending
City Miami
Entry Location 20
Senior Community Y/N false
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA
Property Attached Y/N false
Year Built Details Effective Year Built
Tax Annual Amount 9440
Lease Considered Y/N false
Virtual Tour https://my.matterport.com/show/?m=DJ9UEav6Mo1
Standard Status Pending
Occupancy Type Call Agent
Property Sub Type Additional Condominium
Legal Description 398 NE 5TH STREET CONDO UNIT 2016 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
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Interior
Interior Amenities Closet Cabinetry Bar
Flooring Ceramic Tile
Total Stories 49
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features Washer Hookup Dryer Hookup
Total Bedrooms 0
Entry Level 20
Total Baths 1
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Exterior
Exterior Amenities Balcony Security/High Impact Doors
Parking Features One Space Valet
Building Area Total 362
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Novel Management, Llc.

Broker

info@novelmanagement.com

Email

Affordability Calculator

$3,276
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$787
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2025$399,000 -2.44% Price Down
12/1/2025$409,000 -2.39% Price Down
11/20/2025$419,000 -2.33% Price Down
11/5/2025$429,000 -2.50% Price Down
10/31/2025$440,000 Listed Price

Map


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398 NE 5th 2016, Miami, FL, 33132 is a Condo for sale at $399,000 with 362 sqft. 398 NE 5th 2016 is a studio with 1.0 baths and was built in 2022. The property's zip code is 33132 which is in Miami, FL