$7,719

closing credit¹

398 NE 5th St Unit 1708 Miami, FL 33132

$650,000
1 bed
1 full
485 sqft
$1,340 / sqft
Condo

Property details

About 398 NE 5th St Unit 1708

In the heart of Downtown Miami, The Elser sets a new standard for luxury living and smart investment. This stunning studio is not just a home; it's an opportunity. Allows short term rentals managed across top rental platforms like Airbnb, VRBO, it offers you the chance to earn income or as a personal getaway. Enjoy breathtaking views, 24/7 concierge, smart technology, and EV charging. The amenities? Unmatched. Dive into a resort-style pool, unwind in exclusive lounge areas, and work seamlessly in our state-of-the-art co-working space. Steps away from Miami's best – Whole Foods, FTX Arena, South Beach. The Elser is not just a residence; it's the pinnacle of Miami living. Whether you're looking for your next home or a smart investment, welcome to your future in Miami.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size485 sqft
Year built2022
ParkingOne Space, Valet
MLS #A11668916
Garage1 space
WaterfrontBay Front, Water Access
ViewBay, Intercoastal

Virtual tour

Summary

  • MLS Number: A11668916
  • MLS Name: SEFMIAMI
  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 667-4815
  • Office Email: charlette.seidel@floridamoves.com
  • Listing Agent: Ana Rodriguez

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: 2/5/2025, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of water feature

$650,000

398 NE 5th St Unit 1708

$7,719

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Downtown Miami Charter School

Public Charter KG-6

0.6 mi

305 NW 3rd Ave

3

Frederick R. Douglass Elementary School

Public District PK-5

0.8 mi

314 NW 12th St

9

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. Typical family type is 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 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 1708

This home is located at 398 NE 5th St Unit 1708 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 485 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $650,000.

In January 2025 more than 31 listings in Miami, FL were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 425 were sold below. The number of listings in Miami, FL increased by 14.8% between December and January 2025. The median list price of listings available in January 2025 was $574,895, while the average time on the real estate market was 76 days.

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

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