# 398 NE 5th St, Miami, FL 33132

> **TL;DR:** 1bd/1ba condo, $579,000 ($1307/sqft), built 2022, 443 sqft.
> View. Est. $2,509/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $579,000 |
| Price/sqft | $1307 |
| Bedrooms | 1 |
| Bathrooms | 1 full |
| Square Feet | 443 |
| Year Built | 2022 |
| Stories | 49 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Views** - Other

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,509 |
| **Total** | **$2,509** |

## Key Amenities

- View

## Property Highlights

- Built in 2022
- 49 stories

## Description

### Agent Description
Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.

## Location

- **Address:** 398 NE 5th St, Miami, FL 33132
- **County:** Miami-Dade
- **Neighborhood:** The Elser

## Listing Agent

- **Name:** Minerva Arboleya
- **Brokerage:** Related General Realty, LLC.
- **Phone:** 3056322512
- **Email:** minerva@related-realty.com

## Primary Photo

![398 NE 5th St - Primary Photo](http://lh.rdcpix.com/ba072fb0f6b730bea20cde3482823c5cl-f1791557224r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/398-ne-5th-st-miami-fl-33132-11789023)*

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**MLS#:** A11789023 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/398-ne-5th-st-miami-fl-33132-11789023)

---

## Structured Data

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  "name": "398 NE 5th St, Miami, FL 33132",
  "description": "Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach",
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  "datePosted": "2026-06-17",
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