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$475,000

398 NE 5th St Unit 1516 Miami, FL 33132

0 beds
1 full
362 sqft
$1,312 / sqft
Condo

Property details

About 398 NE 5th St Unit 1516

Lowest Priced Condo at Conde Nast Traveler Readers' Choice Top 10 Hotels in Miami! Welcome to The Elser Hotel & Residences, where luxury meets convenience in the heart of downtown Miami. Stunning turn-key studio with water and skyline views, and steps away from Bayfront Park, Kaseya Center, Bayside Marketplace, Museum Park, Port of Miami and Miami World Center. Enjoy seamless smart access to an impressive array of luxury amenities. Dive into the 132' wrap-around roof top pool while watching the 16' LED TV. Work up a sweat in the two-story fitness center while taking in the stunning city views, or unwind at the spa. Imbibe at the pool bar and chic lounge areas. Make this your Miami pied-a-terre and receive income via the in-house Hotel program when you're not using it!

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size362 sqft
Year built2022
ParkingAttached, Garage, Valet
MLS #A11763592
Attached garage1 space
ViewCity, Ocean, Water

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Elevator, Bar
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, Valet
  • View: City, Ocean, Water
  • Exterior: Balcony, Security/High Impact Doors
  • Architectural Style: High Rise
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $475,000
  • Price/SqFt: $1,312
  • HOA Amount: $557 Monthly
  • Directions: From 395 east exit at NE 2nd Ave. Go right to NE 5th St and go left. Building is on the corner of NE 5th & Biscayne Blvd.
  • Year Built: 2022
  • Stories: 1
  • Living Area: 362 SqFt
  • MLS Number: A11763592
  • MLS Name: SEFMIAMI
  • Office Name: Real Broker LLC
  • Office Phone: (855) 450-0442
  • Office Email: flbroker@therealbrokerage.com
  • Listing Agent: Joseph Mooradian

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: 7/29/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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

Tax history

We're sorry, we currently don't have tax history data for this listing.

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. Residents of Miami, FL typically earn less than $<35k each year. Most families are 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 5th St Unit 1516

The listing price of 398 NE 5th St Unit 1516 property is $475,000.

The property 398 NE 5th St Unit 1516 is a condo located in Miami, Florida, 33132.

Active Listing: 398 NE 5th St Unit 1516 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 398 NE 5th St Unit 1516 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 5th St Unit 1516 has 0 bedroom and 1 bathroom.

The property 398 NE 5th St Unit 1516 is 362 SqFt (source: MLS/tax record).

The year of construction for 398 NE 5th St Unit 1516 is 2022.

This home is located at 398 NE 5th St Unit 1516 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 March 20, 2025 and is currently priced at $475,000.

Miami, FL housing market in June 2025 saw over 48 listings sold above listed price, more than 103 sold at listed price and over 570 sold below. Between May and June 2025, Miami, FL real estate market has seen increase in the number of listings by 7.1%. While the average time on the market in June 2025 was 75 days, the median list price was $589,216.

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

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