$649,000

398 NE 5th St Unit 1902 Miami, FL 33132

$7,707
Closing credit¹
1 bed
1 full
430 sqft
$1,509 / sqft
Condo

Property details

About 398 NE 5th St Unit 1902

Welcome to The Elser Hotel and Residences Miami, where luxury meets investment potential. This 1-bedroom, 1-bathroom unit is priced to sell at $649,000, offering the best value in the building. As an owner, you can take advantage of the professionally managed short-term rental program, allowing daily rentals to maximize your returns. ? Enjoy access to world-class amenities, including a resort-style pool, state-of-the-art fitness center, and co-working spaces. Located in the heart of Downtown Miami, you’re steps away from premier dining, entertainment, and cultural attractions. Don’t miss this exceptional opportunity to own a piece of Miami’s vibrant lifestyle.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size430 sqft
Year built2022
ParkingCovered, One Space, Valet
MLS #A11713607
Garage1 space
WaterfrontBay Front
ViewBay, City

Virtual tour

Summary

  • MLS Number: A11713607
  • MLS Name: SEFMIAMI
  • Office Name: Miles Goldstein Real Estate
  • Office Phone: (305) 336-6959
  • Office Email: mr.alexandergoldstein@gmail.com
  • Listing Agent: Ariel Shahaf

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: 3/12/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$649,000

398 NE 5th St Unit 1902

$7,707

closing credit¹

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0.5% sale price²

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,792. Most Miami, FL residents have annual incomes 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 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 1902

This home is located at 398 NE 5th St Unit 1902 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 430 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $649,000.

Over 29 listings were sold over their listed price in February 2025 in Miami, FL. In the same period over 420 listings were sold below the listed price and 87 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 13.9% between January and February 2025. In February 2025 median list price was $577,686 and the average listing age was 74 days.

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

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