$745,000

398 NE 5TH ST #1407, MIAMI, FL 33132

1 bed1 bath442 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026

This home against Downtown

$1,686 per sq ft, 100% over the Downtown median
177 days on the market
Price cut $50,000 since it was listed at $795,000
$10,820 in property taxes (2025)
1 car garage

Downtown today: 393 homes for sale, median list price $599,000.

About this home

Luxury Living in the Heart of Downtown Miami. Experience the pinnacle of urban living in this stunning, fully furnished studio located at The Elser Hotel & Residences. Boasting breathtaking, unobstructed views of Biscayne Bay and the Miami skyline, this turnkey residence offers a seamless blend of comfort and style. Enjoy world-class, resort-style amenities, including a massive sun deck with a shimmering pool, an outdoor theater, a state-of-the-art fitness center, and 24/7 concierge services. Perfectly positioned across from Bayfront Park and steps away from the Kaseya center, luxury dining, and vibrant nightlife. Move-in ready or perfect as a high-end short-term rental investment.

Zoned schools

Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Paul S. Walker Urbanscape, 0.2 mi
Grocery: Whole Foods Market, 0.2 mi

Distances from the center of Downtown, MIAMI.

Listing courtesy of Coldwell Banker Realty. MLS# A12018690.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed May 10, 2026.

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