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Downtown Miami For Sale CONDOMINIUM PRICE REDUCED

398 NE 5th St # 1408, Miami FL 33132

398 NE 5th St # 1408, Miami FL 33132

$520,000 ≈ ₿7.9125

MLS A11956263 · 173 days on market

1

Beds

1

Baths

430

SQUARE FEET

Condominium

Type

2022

Built

$661

HOA / mo

Listing courtesy of

Lead Consulting Group LLC

Ahmet Dal

MLS® #A11956263

Listing information last updated July 20, 2026

MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Lead Consulting Group LLC — and every agent and broker in Miami — to get the deal done.

Overview

This condo in Downtown Miami has 1 bedroom and 1 bathroom across 430 square feet, and is listed for sale at $520,000 (about $1,209 per square foot). Built in 2022.

Experience elevated luxury living in the heart of Downtown Miami. Offered fully furnished and move-in ready, this residence boasts stunning, unobstructed views of Biscayne Bay and the Miami skyline. The Elser uniquely allows flexible short-term rentals (daily) as well as annual leases, creating an exceptional opportunity. Interior features include sleek modern finishes, a fully equipped kitchen, king-size bed plus sofa sleeper, in-unit washer/dryer, and smart home technology. Ideally located just steps from the Port of Miami, Kaseya Center, Miami Worldcenter, and Brightline. Enjoy resort-style amenities such as the signature rooftop pool deck, two-story fitness center, and co-working lounge. HOA fees include Wi-Fi and cable.

Listing history

Price reduced

↓ $100,000 from $620,000 · Jul 20, 2026 · MIAMI MLS

$520,000

Listed for sale

Jan 31, 2026 · MIAMI MLS

$620,000

Days on market

as of today

173 days

Building & financials

FROM MIAMI MLS

The carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.

HOA / association dues

$661 / mo · $661 quarterly

Annual property tax (2025)

$10,456

Association type

Condo

Pets

Allowed (verify restrictions)

HOA dues include

All AmenitiesElevator

Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.

Property details

MLS #A11956263
Price$520,000
Size430 Square Feet
Bedrooms1
Bathrooms1
Garage1
Year built2022
TypeCondominium
StatusFor Sale
HOA$661 / mo
Price / Square Feet$1,209

Features & amenities

Dishwasher
Dryer
Elevator
Has a View
Has Cooling System
Has Garage
Has Heating System
Home Owners Association
Other
Property Attached
Refrigerator
Washer

Location

398 NE 5th St # 1408, Miami FL 33132

Estimate your payment

$

Est. monthly payment

per month

Principal & interest
Property tax (est.)
HOA$661
Down (20%)
Ask about real rates →

Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.

Questions, answered

How many bedrooms does this property have?

This Downtown Miami condo has 1 bedroom.

How many bathrooms does this property have?

This Downtown Miami condo has 1 bathroom.

What is the square footage?

This Downtown Miami condo offers 430 square feet of living space.

When was this property built?

This Downtown Miami condo was built in 2022.

How many parking spaces are included?

This Downtown Miami condo includes 1 parking space.

What is the HOA fee?

The HOA / association fee for this Downtown Miami condo is $661 quarterly.

What are the annual property taxes?

Annual property taxes for this Downtown Miami condo are approximately $10,456, per the latest tax record.

How long has this property been on the market?

This Downtown Miami condo has been on the market for 170 days.

Ask about this home

Questions on price, building, or financing? Send a note — we reply fast.

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$520,000

398 NE 5th St # 1408, Miami FL 33132

Downtown Miami · 1 bd · 1 ba · 430 Square Feet

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Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 173 days on market.

We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.

$520,000

1 bd · 1 ba · 430 Square Feet

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