398 NE 5th St # 4210, Miami FL 33132, Miami
$4,100
Miami, FL, 33132
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 509 sqft
- Year built
- 2022
- Type
- Apartment
- Days on market
- 7
- MLS #
- A12047126
Listing courtesy of Keller Williams Capital Realty · 305-662-7325. Listing agent: Paula Martinez. MLS data last updated 2026-07-09.
Description
Experience the pinnacle of sky-high living on the 42nd floor of The Elser Hotel & Residences! This turnkey, fully furnished luxury 1-bed condo delivers jaw-dropping, unobstructed panoramic views of Biscayne Bay and the vibrant Miami skyline. Masterfully designed with floor-to-ceiling glass, an Italian designer kitchen, quartz countertops, and high-end finishes throughout. Perfectly positioned in the absolute epicenter of Downtown Miami, you are steps away from the lush greenery of Bayfront Park, electrifying nights at the Kaseya Center, upscale shopping at Miami Worldcenter, and world-class dining. Beyond your front door, indulge in the ultimate resort lifestyle with The Elser’s unmatched five-star amenities: a massive 19,000+ sq ft amenity deck boasting a 132-foot resort-style pool with a giant 16ft LED screening wall, a 16-person sky-view hot tub, a multi-level elite fitness complex, an outdoor theater lawn, and a sophisticated two-level co-working lab. Complete with an on-site lobby cocktail bar, artisanal café, and 24/7 white-glove concierge, this property offers a rare luxury lifestyle or a premier, highly flexible short-term rental investment opportunity. This is the ultimate luxury pad or cash-flowing investment asset.
398 NE 5th St # 4210, Miami FL 33132, Miami — for rent, listed for $4,100 (1 bed, 1 bath, 509 sqft).
What else is available at The Elser?
87 listings are currently active in this building across 76 distinct units (40 × 1-bed, 10 × 2-bed, 19 × 3-bed, 18 × studio).
n=87 · 2026-07-27 · Methodology
Price-reduction climate
27% of 254 active 1-bed rentals in 33132 are listed below their original asking price.
n=254 · 2026-07-27 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $4/sqft — 20% above the Miami median asking of $4/sqft.
n=243 · 2026-07-27 · Methodology
Asking price vs segment median
$4,100 asks 24.2% above the $3,300 median across 254 1-bed rentals in ZIP 33132.
n=254 · 2026-07-27 · Methodology
Local market report
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for 1-bed rentals in 33132: $4/sqft in 2026-W30 to $4/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=257 · 2026-07-27 · Methodology
Run the numbers
New-listing flow (recorded)
1-bed rentals in 33132: 3 observed debuts, 2-week window with entry asking prices $3,000–$4,600.
n=3 · 2026-07-27 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-27 · Methodology
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