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Downtown Miami For Sale CONDOMINIUM PRICE REDUCED

398 NE 5th St # 2602, Miami FL 33132

398 NE 5th St # 2602, Miami FL 33132

$620,000 ≈ ₿9.3596

MLS A11930233 · 220 days on market

1

Baths

430

SQUARE FEET

Condominium

Type

2022

Built

$661

HOA / mo

Listing courtesy of

COSMORE Florida Corp.

Kristijan Maglovski

MLS® #A11930233

Listing information last updated January 23, 2026

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

Overview

This condo in Downtown Miami has 1 bathroom across 430 square feet, and is listed for sale at $620,000 (about $1,442 per square foot). Built in 2022.

Experience modern luxury in the heart of Downtown Miami at The Elser Hotel & Residences. This fully furnished 26th-floor studio offers breathtaking Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling windows, porcelain tile flooring, and a private balcony. Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Enjoy resort-style amenities with a 132-ft rooftop pool, fitness center, sky lounge, business center, and concierge services. Prime location near Bayside, Kaseya Center, Metromover, dining, and entertainment. Investor-friendly building with short-term rentals/Airbnb allowed.

Listing history

Price reduced

↓ $30,000 from $650,000 · Jan 23, 2026 · MIAMI MLS

$620,000

Listed for sale

Dec 13, 2025 · MIAMI MLS

$650,000

Days on market

as of today

220 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

Annual property tax (2025)

$9,695

Association type

Condo

Pets

Allowed (verify restrictions)

HOA dues include

Air Conditioning MaintenanceAll AmenitiesCable TvCommon Area

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.

Building report · MCR exclusiveThe Elser — recertification, reserves, units & pricing

Property details

MLS #A11930233
Price$620,000
Size430 Square Feet
Bathrooms1
Garage1
Year built2022
TypeCondominium
StatusFor Sale
HOA$661 / mo
Price / Square Feet$1,442

Features & amenities

Built-in Features
Dishwasher
Dryer
Has a View
Has Cooling System
Has Garage
Has Heating System
Home Owners Association
Open Balcony
Property Attached
Refrigerator
Washer

Location

398 NE 5th St # 2602, 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 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 monthly.

What are the annual property taxes?

Annual property taxes for this Downtown Miami condo are approximately $9,695, per the latest tax record.

How long has this property been on the market?

This Downtown Miami condo has been on the market for 175 days.

Ask about this home

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

Book a private showing

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$620,000

398 NE 5th St # 2602, Miami FL 33132

Downtown Miami · 1 ba · 430 Square Feet

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Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 220 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.

$620,000

1 ba · 430 Square Feet

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