$1,399,900

398 NE 5th St Unit 2118 Miami, FL 33132

$10,000
Closing credit¹
3 beds
3 full
1,135 sqft
$1,233 / sqft
Condo

Property details

About 398 NE 5th St Unit 2118

Sophisticated Fully Furnished 3BR/3BA Corner Unit Residence at The Elser Hotel & Residences. Discover unmatched luxury in this Downtown Miami turnkey unit, featuring floor-to-ceiling windows and a 180-degree balcony showcasing panoramic Biscayne Bay and city skyline vistas. Highlights include a gourmet kitchen with premium appliances, 9'2'' ceilings, smart home tech, and designer finishes. Ideal for investors (unrestricted short-term rentals) or full-time luxury living. Building amenities: rooftop infinity pool, 24/7 concierge, valet, and fitness center. Steps from Bayfront Park, Michelin-starred dining, and Biscayne Boulevard's vibrant scene. A rare blend of elegance, location, and investment potential. Schedule your private tour today!

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,135 sqft
Year built2022
ParkingGarage - Building
MLS #RX-11065760
Garage1 space
WaterfrontBay
ViewBay, City, Ocean

Virtual tour

Summary

  • MLS Number: RX-11065760
  • Office Name: At Realty LLC
  • Office Phone: (954) 866-8936
  • Listing Agent: Arthur Covas
  • Agent Phone: (561) 235-6804

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/11/2025, 2:20:52 PM 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 building exterior featuring a city view

$1,399,900

398 NE 5th St Unit 2118

$10,000

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. Residents typically live in single, no kids family. Most residents in this area 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 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 2118

This home is located at 398 NE 5th St Unit 2118 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 1,135 square foot home was built in 2022. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $1,399,900.

In February 2025 more than 29 listings in Miami, FL were sold above the asking price. During the same period more than 87 listings were sold at asking price, while more than 420 were sold below. Between January and February 2025, Miami, FL real estate market has seen increase in the number of listings by 13.9%. 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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