Tour
$6,508 Closing Credit¹
#A11753444, Karla Perez Rodriguez, Listing Office: Homes 2 Love Realty, LLC.
$519,000 List price
398 NE 5th St Unit 1516 Miami, FL 33132
$6,163
Closing credit¹
0 beds
1 full
362 sqft
$1,434 / sqft
Condo
Property details
About 398 NE 5th St Unit 1516
Price reduced and now the lowest priced condo at the most luxurious condo-hotel in Miami! Welcome to The Elser Hotel & Residences, where luxury meets convenience in the heart of downtown Miami. This stunning turn-key studio built in 2022 with water and skyline views, and is literally across the street from the vibrant Bayfront Park, Kaseya Center, Bayside Marketplace, renowned museums, and the bustling Port of Miami. Enjoy seamless smart access to an impressive array of luxury amenities. Dive into one of the multiple pools, work up a sweat in the two-story fitness center, or unwind at the spa. Imbibe at the pool bar and chic lounge areas. With no rental restrictions, this unit offers flexibility for both personal use and short term investment opportunity. Seller financing available!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size362 sqft
Year built2022
ParkingAttached, Garage, Valet
MLS #A11763592
Attached garage1 space
ViewCity, Ocean, Water
Summary
- 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
© 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: 4/15/2025, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$519,000
398 NE 5th St Unit 1516
$6,163
closing credit¹
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Price information
Property sales
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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.
Neighborhood
The neighbors living near this home have an average income of $21,792. The most common annual income of people living in Miami, FL is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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 Concerts
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 398 NE 5th St Unit 1516
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 $519,000.
In March 2025 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 142 listings were sold at asking price, while more than 573 were sold below. In March 2025 in Miami, FL there were 13.7% more homes for sale than in February. In March 2025 median list price was $580,300 and the average listing age was 70 days.
From Rocket Homes Real Estate and based on county public records data.