398 NE 5th Street # 3907, Miami FL 33132, Miami
$850,000
Miami, FL, 33132
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 442 sqft
- Year built
- 2022
- Type
- Condominium
- Association fee
- $567 / monthly
- Days on market
- 11
- MLS #
- B26050574
Listing courtesy of Galt Ocean Realty Inc · 954-615-4000. Listing agent: Julian Morales. MLS data last updated 2026-07-20.
Description
Beautiful and captivating studio on the 39th Floor at The Elser Residences. This unit is an amazing opportunity for investors and buyers alike. With this unit you are getting a beautiful and comfy studio where you can kickback and enjoy in any way you see fit! Overlooking the Kesaya Center and ocean bay you'll be close to some of the best attractions Miami has to offer. Including, the Frost Museum, Perez Art Museum, Bayfront Park and Bayside Marketplace there are numerous things to do. The Elser provides a fitness center, pool, spa and sauna for all your relaxation needs as well. Having such a vast amount of choices in amenities this makes for an amazing rental that you can manage on your own or with The Elser's rental program.
398 NE 5th Street # 3907, Miami FL 33132, Miami — for sale, listed for $850,000 (1 bed, 1 bath, 442 sqft).
$1,923/sqft · 98% percentile · based on 289 1-bed listings for sale in 33132 (median $680/sqft).
Run the numbers
How is this priced?
At $1,923 per square foot, this listing sits at the 98% percentile of the 289 comparable 1-bed listings for sale in 33132 on the market right now.
The current median for that group is $680/sqft, so this asking price is above the middle of its market.
n=289 · 2026-07-25 · Methodology
Local market report
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
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
Browse this price segment
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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.
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-25 · Methodology
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