398 NE 5th St # 1902, Miami FL 33132, photo 1
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$489,000

CondominiumActive
⏱️ Listed 5 days ago⬇️ Price reduced $6,000 (1%) on September 11, 2026
0Beds
1Baths
430Sq Ft
2022Built

398 NE 5th St # 1902, Miami FL 33132

MLS #A12086164

About This Property

PRICED TO SELL — AND PRICED AGAINST CLOSED SALES, NOT ASKING PRICES. Residence 1902 at The Elser: a north-facing studio on the 19th floor, fully furnished and turnkey, furniture package conveys. 9'2" ceilings and floor-to-ceiling glass frame the Downtown skyline north toward Edgewater. Italkraft cabinetry, quartz countertops, stainless steel appliances, in-unit full-size washer/dryer, keyless entry and Ecobee smart thermostat. Daily short-term rentals or annual leases both permitted — and twelve months of operator statements are available to qualified buyers, so this residence is underwritten on documented revenue, occupancy and ADR rather than projections. Building amenities: 132-foot bayfront pool deck, two-story fitness center, two-level co-working Lab with reservable conference rooms, lobby bar and restaurant by Jaguar Sun, concierge and valet. HOA includes Wi-Fi and cable. Two blocks to Miami Worldcenter; walk to Kaseya Center, Brightline, Bayside and the Port of Miami.

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Marie I. Sanjurjo
Licensed Broker
Blue Mar Real Estate Group
📞 (305) 680-5672💬 WhatsApp Marie✉️ [email protected]

About Downtown Miami

Downtown Miami has transformed into a dense urban neighborhood with Kaseya Center (home of the Miami Heat), Bayside Marketplace, the Perez Art Museum, Frost Science Museum, and Bayfront Park within walking distance of each other. The Miami Riverwalk connects downtown to Brickell along the water, and the Metromover provides free transit throughout the core. Condos range from new construction towers to renovated historic buildings, attracting first-time buyers, investors, and downtown professionals.

Explore Downtown Miami📊 Downtown Miami market report

Property Details

Property Type

Condominium

Year Built

2022

Living Area

430 sq ft

Bedrooms

0

Bathrooms

1

Garage

1 Space

Pool

No

Waterfront

Yes

Cooling

Central Air

Heating

None

Flooring

Other

Construction

Concrete Block Construction

Style

High Rise

HOA Fee

$6,000 / Annually

Days on Market

0

MLS #

A12086164

Features & Amenities

Interior

First Floor Entry

Appliances

DishwasherDryerMicrowaveRefrigeratorSelf Cleaning OvenWasher

Other

1 Space

Nearby Schools

Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.

Assigned Public Schools
Elementary
Douglass, Frederick Elementary
Grades K-5
314 NW 12 St., Miami 33136
Middle
Jose de Diego MS
Grades 6-8
3100 NW 5 Ave., Miami 33127
High
Washington, Booker T. Senior High
Grades 9-12
1200 NW 6th Ave., Miami 33136
Private Schools Within 5 Miles
Key Point Christian Academy0.8 mi
609 Brickell Ave, Miami
The Learning World Academy in Downtown0.8 mi
555 NE 15th St, Miami
RJW The Academy of Arts Sciences0.8 mi
430 NW 9th St, Miami
KLA Schools of Brickell0.8 mi
600 SW 1st Ave, Miami
KLA Elementary0.9 mi
625 SW 1st Ave, Miami
Brickell Heights Elementary1.0 mi
25 SW 9th St, Miami
WorldEd International School1.0 mi
848 Brickell Ave, Miami
Centner Academy - Middle and High Schools1.1 mi
1911 Northeast Miami Court, Miami

School data source: Miami-Dade County Open Data Hub

Location

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City

Miami

State

FL

ZIP Code

33132

County

Miami-Dade County

Subdivision

The Elser Hotel Miami

$489,000
398 NE 5th St # 1902, Miami FL 33132
0Beds
1Baths
430Sq Ft
📞 (305) 680-5672💬 WhatsApp
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398 NE 5th St # 1902, Miami FL 33132$489,000

Listing provided by Zachary Freedman at Pink Miami Real Estate. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12086164.