$599,000

398 NE 5th St Unit 2116 Miami, FL 33132

$7,113
Closing credit¹
0 beds
1 full
362 sqft
$1,655 / sqft
Condo

Property details

About 398 NE 5th St Unit 2116

Stunning Studio at the Brand-New Elser Hotel & Residences, Downtown Miami.Experience luxury living in this beautifully designed studio.This fully furnished unit features a modern aesthetic,a full kitchen with high-end appliances,and a sleek flat-screen TV.The spacious layout includes a king-size bed and a pull-out couch,offering comfort and versatility,ideal as a personal retreat or a high-performing short-term rental. Enjoy breathtaking views of Miami Beach,the city skyline, and Biscayne Bay.The Elser boasts world-class amenities,including a wrap-around pool,a state-of-the-art two-story gym,valet parking,and more. Prime location with easy access to Kaseya Center,Bayside Marketplace,major highways,Port of Miami, parks,and public transportation.Don’t miss this exceptional opportunity!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size362 sqft
Year built2022
ParkingValet
MLS #A11746223
WaterfrontBay Front
ViewBay

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s), Bar
  • Parking: Valet
  • Waterfront: Bay Front
  • View: Bay
  • Exterior: Balcony, Security/High Impact Doors
  • Architectural Style: High Rise
  • Heating: Central
  • Cooling: Central Air
  • List Price: $599,000
  • Price/SqFt: $1,654
  • HOA Amount: $557 Monthly
  • Year Built: 2022
  • Living Area: 362 SqFt
  • MLS Number: A11746223
  • MLS Name: SEFMIAMI
  • Office Name: United Realty Group Inc
  • Office Phone: (954) 450-2000
  • Office Email: pbrownell@urgfl.com
  • Listing Agent: Gabriela Melo

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: 6/4/2025, 4:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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398 NE 5th St Unit 2116, Miami, FL 33132 - property view of water

$599,000

398 NE 5th St Unit 2116

$7,113

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.

All data from GreatSchools

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 most common type of family 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 2116

The listing price of 398 NE 5th St Unit 2116 property is $599,000.

The property 398 NE 5th St Unit 2116 is a condo located in Miami, Florida, 33132.

Active Listing: 398 NE 5th St Unit 2116 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 398 NE 5th St Unit 2116 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 2116 has 0 bedroom and 1 bathroom.

The property 398 NE 5th St Unit 2116 is 362 SqFt (source: MLS/tax record).

The year of construction for 398 NE 5th St Unit 2116 is 2022.

This home is located at 398 NE 5th St Unit 2116 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 February 18, 2025 and is currently priced at $599,000.

Miami, FL housing market in May 2025 saw over 53 listings sold above listed price, more than 98 sold at listed price and over 602 sold below. The number of homes for sale in Miami, FL increased by 8.2% between April and May 2025. Listings spent 68 days on the market in May 2025, and had a median list price of $585,197 during the same period.

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

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