$1,099,000

$5,900 est/mo Sourced by Back At You

398 NE 5th Street 1809,Miami, FL 33132

Miami, FL 33132

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3D Walkthrough

Description

INVESTOR OPPORTUNITY: Priced nearly 40% below the last sale! Fully furnished 3BD/3BA at The Elser Hotel & Residences with NO RENTAL RESTRICTIONS: Airbnb, short-term, and daily rentals all permitted. Enjoy stunning Downtown views from the wraparound balcony. Features 9+ ft ceilings, porcelain wood-style tile, sleek kitchen w/ Italkraft cabinetry, quartz counters, & stainless steel appliances. Exceptional amenities: cocktail bar by Jaguar Sun, Café Domino coffee lounge, 132-ft pool w/ private cabanas, outdoor theater lawn, LED movie wall, two-story wellness center w/ yoga deck + spa, co-working spaces, & sky lounge. Prime location steps from Bayfront Park, world-class dining, museums, Kaseya Center, Wynwood, & more. Schedule your tour today!

Details

MLS #	A12004294
Listing Type	For Sale
Style	Condominium
HOA Dues	$1,501
Sub-Type	Resale
Status	Pending
Year	2022
Days On Site	179
Listing Provided By	Blackbook Properties \| Sepehr Niakan

Features

Bed(s)	3
Bath(s)	3 Total
SQ Feet	976
Garage	1
Pool	Yes
Story(s)	47
Water Front	Yes
Property View	Yes

Parking

Garage Yes / No	Yes
Parking Features	Valet

Taxes

Tax Annual Amount	26452

Area Information

State	FL
County	Miami Dade
City	Miami
Zip Code	33132
Area	2420
Community Name	The Elser
Listing VS Median (in The Elser)
Price: $1,099,000 low \| high Med: $699,900 86.31483166515% of Average sqft: 976 low \| high Med: 461 100% of Average $ / sqft: $1,126 low \| high Med: $1,592 8.651095600291% of Average On site: 179 low \| high Med: 199.5 89.724310776942% of Average

Sourced by Back At You

Market Activity 33132

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Aug 2026	Sales: 2	Avg $ Per SqFt: $846.18	Min Sale Price: $410,000	Max Sale Price: $415,000	Med Sale Price: $412,500
Date: Jul 2026	Sales: 13	Avg $ Per SqFt: $566.74	Min Sale Price: $270,000	Max Sale Price: $2,575,000	Med Sale Price: $390,000
Date: Jun 2026	Sales: 10	Avg $ Per SqFt: $486.06	Min Sale Price: $230,000	Max Sale Price: $1,225,000	Med Sale Price: $450,000
Date: May 2026	Sales: 20	Avg $ Per SqFt: $678.59	Min Sale Price: $262,500	Max Sale Price: $2,950,000	Med Sale Price: $532,500
Date: Apr 2026	Sales: 20	Avg $ Per SqFt: $645.23	Min Sale Price: $248,000	Max Sale Price: $2,200,000	Med Sale Price: $672,500
Date: Mar 2026	Sales: 15	Avg $ Per SqFt: $672.13	Min Sale Price: $255,000	Max Sale Price: $7,000,000	Med Sale Price: $399,000
Date: Feb 2026	Sales: 10	Avg $ Per SqFt: $623.59	Min Sale Price: $325,000	Max Sale Price: $1,350,000	Med Sale Price: $452,500
Date: Jan 2026	Sales: 9	Avg $ Per SqFt: $546.8	Min Sale Price: $230,000	Max Sale Price: $1,020,000	Med Sale Price: $392,500
Date: Dec 2025	Sales: 4	Avg $ Per SqFt: $821.61	Min Sale Price: $345,000	Max Sale Price: $7,195,000	Med Sale Price: $1,875,000
Date: Nov 2025	Sales: 8	Avg $ Per SqFt: $600.8	Min Sale Price: $228,000	Max Sale Price: $1,150,000	Med Sale Price: $427,500
Date: Oct 2025	Sales: 6	Avg $ Per SqFt: $504.65	Min Sale Price: $419,000	Max Sale Price: $690,000	Med Sale Price: $530,000

Sourced by Back At You

Aug 2026
Sales:	2
Avg $ Per SqFt:	$846.18
Min Sale Price:	$410,000
Max Sale Price:	$415,000
Med Sale Price:	$412,500
Jul 2026
Sales:	13
Avg $ Per SqFt:	$566.74
Min Sale Price:	$270,000
Max Sale Price:	$2,575,000
Med Sale Price:	$390,000
Jun 2026
Sales:	10
Avg $ Per SqFt:	$486.06
Min Sale Price:	$230,000
Max Sale Price:	$1,225,000
Med Sale Price:	$450,000
May 2026
Sales:	20
Avg $ Per SqFt:	$678.59
Min Sale Price:	$262,500
Max Sale Price:	$2,950,000
Med Sale Price:	$532,500
Apr 2026
Sales:	20
Avg $ Per SqFt:	$645.23
Min Sale Price:	$248,000
Max Sale Price:	$2,200,000
Med Sale Price:	$672,500
Mar 2026
Sales:	15
Avg $ Per SqFt:	$672.13
Min Sale Price:	$255,000
Max Sale Price:	$7,000,000
Med Sale Price:	$399,000
Feb 2026
Sales:	10
Avg $ Per SqFt:	$623.59
Min Sale Price:	$325,000
Max Sale Price:	$1,350,000
Med Sale Price:	$452,500
Jan 2026
Sales:	9
Avg $ Per SqFt:	$546.8
Min Sale Price:	$230,000
Max Sale Price:	$1,020,000
Med Sale Price:	$392,500
Dec 2025
Sales:	4
Avg $ Per SqFt:	$821.61
Min Sale Price:	$345,000
Max Sale Price:	$7,195,000
Med Sale Price:	$1,875,000
Nov 2025
Sales:	8
Avg $ Per SqFt:	$600.8
Min Sale Price:	$228,000
Max Sale Price:	$1,150,000
Med Sale Price:	$427,500
Oct 2025
Sales:	6
Avg $ Per SqFt:	$504.65
Min Sale Price:	$419,000
Max Sale Price:	$690,000
Med Sale Price:	$530,000

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State	FL
County	Miami Dade
City	Miami
Zip Code	33132
Area	2420
Community Name	The Elser
Listing VS Median (in The Elser)
Price: $1,099,000 low \| high Med: $699,900 86.31483166515% of Average sqft: 976 low \| high Med: 461 100% of Average $ / sqft: $1,126 low \| high Med: $1,592 8.651095600291% of Average On site: 179 low \| high Med: 199.5 89.724310776942% of Average

Sourced by Back At You

Nearby Listings (Within 1/10 mile)

Price: $824K - $1.373M

sqft: 732 - 1,000

Nearby Listings Property Image	Nearby Listings Details
	$1,335,000 398 Ne 5th Street 3811 Miami, FL 33132
	$1,299,000 398 Ne 5th Street 1711 Miami, FL 33132
	$1,300,000 398 Ne 5th Street 1911 Miami, FL 33132

Listing Updated: September 29, 2026 at 1:13:37 AM PDT

398 NE 5th Street 1809,Miami, FL 33132

Miami, FL 33132

Description

Details

Features

Parking

Taxes

Area Information

Market Activity 33132

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Additional Information

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$1,335,000

$1,299,000

$1,300,000

398 NE 5th Street 1809,Miami, FL 33132

Miami, FL 33132

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Description

Details

Features

Parking

Taxes

Area Information

Market Activity 33132

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

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Learn More About This Property

Arterra Realty

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$1,335,000

$1,299,000

$1,300,000