398 NE 5th St # 4210, Miami FL 33132, Miami
$890,000
Miami, FL, 33132












Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 509 sqft
- Year built
- 2022
- Type
- Condominium
- Association fee
- $0 / monthly
- Days on market
- 12
- MLS #
- A12047098
Listing courtesy of Keller Williams Capital Realty · 305-662-7325. Listing agent: Paula Martinez. MLS data last updated 2026-07-14.
Description
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.
398 NE 5th St # 4210, Miami FL 33132, Miami — for sale, listed for $890,000 (1 bed, 1 bath, 509 sqft).
$1,749/sqft · 97% percentile · based on 300 1-bed listings for sale in 33132 (median $683/sqft).
What just came on the market here?
Our walk of the feed recorded 5 new 1-bed listings for sale in 33132 debuting over the last 1 observed weeks with entry asking prices $200,000–$650,000.
n=5 · 2026-08-14 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $683/sqft — 23.2% above the Miami median asking of $555/sqft.
n=300 · 2026-08-14 · Methodology
Local market report
Availability in The Elser
89 listings are currently active in this building across 78 distinct units (41 × 1-bed, 10 × 2-bed, 19 × 3-bed, 19 × studio).
n=89 · 2026-08-14 · Methodology
Price per square foot
This listing is priced at $1,749 per square foot, which is the 97% percentile among 300 active 1-bed listings for sale in 33132 (median $683/sqft).
n=300 · 2026-08-14 · Methodology
About The Elser
The Elser: built 2022–2024; current sale asking prices $449,000–$1,650,000; current rents $2,650–$9,500; association fees $50–$1,800/month.
Run the numbers
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-08-14 · Methodology
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