Tour
$9,441 Closing Credit¹
#A11771429, Ivan Ramirez, Listing Office: One Sotheby's International Realty
#RX-11068030·
Listing office: At Realty LLC·
Listing agent: Arthur Covas·
Listing agent phone: (561) 235-6804·
Listing office phone: (954) 866-8936
$809,000 List price
398 NE 5th St Unit 4603 Miami, FL 33132
$9,607
Closing credit¹
1 bed
1 full
439 sqft
$1,843 / sqft
Condo
Property details
About 398 NE 5th St Unit 4603
The Elser Hotel & Residences Miami offers an elevated urban lifestyle with exceptional access to upscale dining, art, nightlife, cultural attractions, Biscayne Bay, and Miami International Airport. This stunning, fully furnished Studio residence showcases a 9'2'' ceiling height and floor-to-ceiling windows, flooding the space with natural light. Features include a smart thermostat and keyless entry for added convenience. Short-term rentals are permitted with a 1-day minimum, granting flexibility for investors, while hotel management offers an efficient rental program. With curated amenities designed for recreation and relaxation, this property represents a unique investment opportunity in the heart of Miami's vibrant landscape.Can be sold as one or package deal with units 2903 and 4503.
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size439 sqft
Year built2022
ParkingUnder Building
MLS #RX-11068030
Garage1 space
WaterfrontBay
ViewBay
Virtual tour
Summary
- MLS Number: RX-11068030
- Office Name: At Realty LLC
- Office Phone: (954) 866-8936
- Listing Agent: Arthur Covas
- Agent Phone: (561) 235-6804
All 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: 4/21/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$809,000
398 NE 5th St Unit 4603
$9,607
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. Typical income of Miami, FL residents is less than $<35k annually. Typical family type is 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 4603
This home is located at 398 NE 5th St Unit 4603 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 439 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $809,000.
In March 2025, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 573 sold below and more than 142 were sold right at the asked price. The number of homes for sale in Miami, FL increased by 13.7% between February and March 2025. The median list price of listings available in March 2025 was $580,300, while the average time on the real estate market was 70 days.
From Rocket Homes Real Estate and based on county public records data.