398 NE 5th St # 2215, Miami FL 33132, Miami
$665,000
Miami, FL, 33132
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 560 sqft
- Year built
- 2022
- Type
- Condominium
- Association fee
- $2,950 / quarterly
- Days on market
- 192
- MLS #
- A11921516
Listing courtesy of EXP Realty LLC · 888-883-8509. Listing agent: Juan Tascon. MLS data last updated 2025-11-26.
Description
Welcome to the heart of the action! This stunning residence is centrally located in Downtown, offering breathtaking views of Biscayne Bay. Imagine a lifestyle where the city's best culinary experiences are just a short walk from your front door. This is truly a walker's paradise. This property is the definition of flexibility. It is perfectly suited for the modern investor looking to maximize returns through short-term rentals, secure a steady annual tenant, or simply enjoy a personal luxury residence in the city. Sold totally furnished with high-end designer finishes, this unit is ready for immediate use. The building features 5-star amenities, including a state-of-the-art gym and a spectacular, expansive pool deck with a restaurant right on the same floor—offering resort-style living without ever leaving the building. Don't miss this opportunity to own a piece of the skyline that pays for itself.
398 NE 5th St # 2215, Miami FL 33132, Miami — for sale, listed for $665,000 (1 bed, 1 bath, 560 sqft).
299 1-bed listings for sale in 33132 · median $540,000.
Availability in 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 · 2026-07-25 · Methodology
Run the numbers
Price-reduction climate
38% of 299 active 1-bed listings for sale in 33132 are listed below their original asking price.
n=299 · 2026-07-25 · Methodology
About The Elser
The Elser: built 2022–2024; current sale asking prices $509,900–$1,650,000; current rents $2,650–$9,500; association fees $50–$1,800/month.
Current market segment
Right now: 299 active 1-bed listings for sale in 33132, median asking price $540,000, median $680/sqft.
n=299 · 2026-07-25 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $680/sqft — 23.1% above the Miami median asking of $553/sqft.
n=289 · 2026-07-25 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-25 · Methodology
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