398 NE 5th St # 4210, Miami FL 33132, MIAMI, FL, 33132
Active45 days on marketListed Jul 2, 2026MLS #A12047126
About this home
398 NE 5th St # 4210, Miami FL 33132
Experience the pinnacle of sky-high living on the 42nd floor of The Elser Hotel & Residences! This turnkey, fully furnished luxury 1-bed condo delivers jaw-dropping, unobstructed panoramic views of Biscayne Bay and the vibrant Miami skyline. Masterfully designed with floor-to-ceiling glass, an Italian designer kitchen, quartz countertops, and high-end finishes throughout. Perfectly positioned in the absolute epicenter of Downtown Miami, you are steps away from the lush greenery of Bayfront Park, electrifying nights at the Kaseya Center, upscale shopping at Miami Worldcenter, and world-class dining. Beyond your front door, indulge in the ultimate resort lifestyle with The Elser’s unmatched five-star amenities: a massive 19,000+ sq ft amenity deck boasting a 132-foot resort-style pool with a giant 16ft LED screening wall, a 16-person sky-view hot tub, a multi-level elite fitness complex, an outdoor theater lawn, and a sophisticated two-level co-working lab. Complete with an on-site lobby cocktail bar, artisanal café, and 24/7 white-glove concierge, this property offers a rare luxury lifestyle or a premier, highly flexible short-term rental investment opportunity. This is the ultimate luxury pad or cash-flowing investment asset.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
509
Sqft
1
Garage
2022
Year built
$8
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$190 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$190/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$8 vs $508
Days on market
45 vs 66 typical
Where $8/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Downtown
Get to know Miami. See the full Miami guide →
Downtown — neighborhood snapshot
Population
24,316
Median age
38
Median income
$108,427
Median home value
$557,583
Avg household
2
Households w/ children
1,166
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the MIAMI 33132 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 398 NE 5th St # 4210
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$345,000
1600 SW 1st Ave # 711, Miami FL 33129
0 bd · 1 ba · 565 sqft · $611/sqft · 19 DOM
Sold · Mar ’26$626,000
Nearby listing
1 bd · 1 ba · 578 sqft · $1,083/sqft
Sold · Feb ’26$696,900
Nearby listing
1 bd · 1 ba · 578 sqft · $1,206/sqft
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Angela Rodriguez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 398 NE 5th St # 4210 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 398 NE 5th St # 4210 — before you fall in love.
See it in person
Schedule a tour
Live availability from Angela's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
398 NE 5th St # 4210 FAQs
What would the monthly payment be for 398 NE 5th St # 4210, Miami FL 33132?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $190/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How does the price compare to other homes in Miami?+
At $4,100, this home is listed about 99% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 398 NE 5th St # 4210, Miami FL 33132?+
Frederick R. Douglass Elementary (elementary), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Jose De Diego Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Keller Williams Capital Realty · Paula Martinez. MLS #A12047126.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New Miami homes, in your inbox
Like 398 NE 5th St # 4210, Miami FL 33132 but not quite? A daily digest of every new listing in Miami — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Angela to ping you on any price or status change →