$575,000

398 NE 5 Unit 2016 Miami, FL 33132

$6,828
Closing credit¹
0 beds
1 full
362 sqft
$1,588 / sqft
Condo

Property details

About 398 NE 5 Unit 2016

Fully furnished studio at The Elser with incredible views of Biscayne Bay. Located on the 20th floor, this stylish 362 sq. ft. studio is efficiently designed and comes fully furnished. It features a modern kitchen, in-unit washer and dryer, and is move-in ready or ideal for immediate rental income. The Elser is perfectly situated in the heart of Downtown Miami, steps from restaurants, shops, and entertainment. Enjoy top-tier amenities like a bayview pool, fitness center, coworking areas, resident lounge, and 24/7 concierge. Short-term rentals allowed. Motivated seller—bring your offer.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingOther
Size362 sqft
Year built2022
ParkingOne Space
MLS #A11779822
Garage1 space
ViewBay

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher
  • Flooring Type: Ceramic Tile
  • Interior: Elevator
  • Garage Space: 1 space
  • Parking: One Space
  • View: Bay
  • Exterior: None
  • Architectural Style: Coach/Carriage
  • Heating: Central
  • Cooling: Other
  • List Price: $575,000
  • Price/SqFt: $1,588
  • HOA Amount: $517
  • HOA Frequency: Quarterly
  • Year Built: 2022
  • Living Area: 362 SqFt
  • MLS Number: A11779822
  • MLS Name: SEFMIAMI
  • Office Name: Majestic Properties LLC
  • Office Phone: (305) 988-2269
  • Office Email: miguel@themajesticproperties.com
  • Listing Agent: Christina Crespo

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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birds eye view of property with a water view and a city view

$575,000

398 NE 5 Unit 2016

$6,828

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

4

Downtown Miami Charter School

Public Charter KG-6

0.6 mi

305 NW 3rd Ave

6

Frederick R. Douglass Elementary School

Public District PK-5

0.8 mi

314 NW 12th St

8

Miami Children's Museum Charter School

Public Charter KG-5

0.9 mi

980 MacArthur Cswy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,792. The majority of Miami, FL residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

58%
<35k
26%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

81%
Single, No Kids
5%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
1%
12-17 yrs old
40%
18-34 yrs old
36%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 398 NE 5 Unit 2016

The listing price of 398 NE 5 Unit 2016 property is $575,000.

The property 398 NE 5 Unit 2016 is a condo located in Miami, Florida, 33132.

Active Listing: 398 NE 5 Unit 2016 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 398 NE 5 Unit 2016 are: Downtown Miami Charter School (GreatSchools Rating 4/10), Frederick R. Douglass Elementary School (GreatSchools Rating 6/10), Miami Children's Museum Charter School (GreatSchools Rating 8/10), Ada Merritt K-8 Center (GreatSchools Rating 10/10), Lincoln-Marti Charter School Little Havana Campus (GreatSchools Rating 8/10), Mater Preparatory Academy (GreatSchools Rating 7/10), New World School of the Arts (GreatSchools Rating 9/10), School for Advanced Studies-Wolfson (GreatSchools Rating 10/10), Law Enforcement Officers Memorial High School (GreatSchools Rating 6/10).

The property at 398 NE 5 Unit 2016 has 0 bedroom and 1 bathroom.

The property 398 NE 5 Unit 2016 is 362 SqFt (source: MLS/tax record).

The year of construction for 398 NE 5 Unit 2016 is 2022.

This home is located at 398 NE 5 Unit 2016 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 362 square foot home was built in 2022. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $575,000.

Over 63 listings were sold over their listed price in April 2025 in Miami, FL. In the same period over 593 listings were sold below the listed price and 119 listings were sold for the listed price. In April 2025 in Miami, FL there were 9.2% more homes for sale than in March. In April 2025, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $585,104.

From Rocket Homes Real Estate and based on county public records data.

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