$7,244 Closing Credit¹
#A11760879, Daniele Semerano, Listing Office: Grand Lion Real Estate Group LLC
$620,000 List price
398 NE 5th St Unit 1708 Miami, FL 33132
$7,363
Closing credit¹
1 bed
1 full
485 sqft
$1,278 / 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
© 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: 4/17/2025, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$620,000
398 NE 5th St Unit 1708
$7,363
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 majority of Miami, FL residents have income less than $<35k annually. The majority of 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 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 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 $620,000.
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. Between February and March 2025, Miami, FL real estate market has seen increase in the number of listings by 13.7%. In March 2025, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $580,300.
From Rocket Homes Real Estate and based on county public records data.