398 NE 5th St # 4018, Miami FL 33132, Miami
$8,650
Miami, FL, 33132
Property details
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,135 sqft
- Year built
- 2022
- Type
- Condominium
- Days on market
- 384
- MLS #
- A11834898
Listing courtesy of COSMORE Florida Corp. · 786-536-2344. Listing agent: Piero Ruggeri. MLS data last updated 2026-07-25.
Description
Welcome to Unit 4018 at The Elser Hotel in Downtown Miami! This brand-new, fully furnished 3bed/3bath residence comfortably sleeps up to 8 guests. Featuring a modern open layout, designer finishes, and floor-to-ceiling windows with stunning bay and city views. Ready for immediate occupancy with a fully equipped kitchen and luxurious furnishings. Enjoy resort-style amenities including pool, fitness center, and 24/7 concierge. Live, work, or vacation in style!
398 NE 5th St # 4018, Miami FL 33132, Miami — for rent, listed for $8,650 (3 bed, 3 bath, 1,135 sqft).
Run the numbers
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $5/sqft — 92% above the Miami median asking of $3/sqft.
n=53 · 2026-07-26 · Methodology
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 · 2026-07-26 · 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.
Time on market
This listing has been on the market 384 days; the median across 53 3-bed rentals in 33132 is 33 days.
n=53 · 2026-07-26 · Methodology
Are sellers cutting prices here?
32% of the 53 active 3-bed rentals in 33132 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=53 · 2026-07-26 · Methodology
Browse this price segment
n=997 · 2026-07-26 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-26 · Methodology
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