398 NE 5th St # 2410, Miami FL 33132, Miami
$840,000
Miami, FL, 33132
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 509 sqft
- Year built
- 2022
- Type
- Condominium
- Association fee
- $567 / monthly
- Days on market
- 255
- MLS #
- A11883764
Listing courtesy of Real Broker LLC · 855-450-0442. Listing agent: Jose Munoz. MLS data last updated 2026-01-15.
Description
Discover the perfect blend of lifestyle and investment at Unit 2410 in The Elser Hotel & Residences — a fully furnished 1-bedroom, 1-bath condo showcasing wide bay views and a prime Downtown Miami location. Steps from Bayside Marketplace, the Kaseya Center, Miami Worldcenter, and the MetroMover, this residence offers unmatched walkability and nightly rental flexibility. Residents enjoy resort-style amenities including a sprawling bayfront terrace with pool, hot tub, outdoor theater, and grills, plus a state-of-the-art two-story fitness center, coworking spaces, on-site dining, and 24/7 concierge. Whether for a pied-à-terre or income-producing rental, Unit 2410 delivers convenience, luxury, and value in Miami’s most dynamic neighborhood.
398 NE 5th St # 2410, Miami FL 33132, Miami — for sale, listed for $840,000 (1 bed, 1 bath, 509 sqft).
$1,650/sqft · 95% percentile · based on 292 1-bed listings for sale in 33132 (median $680/sqft).
Price position
$1,650/sqft against a $680/sqft median across 292 comparable 1-bed listings for sale in 33132.
Percentile position: 95%.
n=292 · 2026-07-29 · Methodology
Time on market
Against 302 comparable 1-bed listings for sale in 33132, this listing's 255 days on market compares with a 83-day median (80% percentile).
n=302 · 2026-07-29 · Methodology
Are sellers cutting prices here?
38% of the 302 active 1-bed listings for sale in 33132 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=302 · 2026-07-29 · Methodology
Run the numbers
Current market segment
Right now: 302 active 1-bed listings for sale in 33132, median asking price $532,500, median $680/sqft.
n=302 · 2026-07-29 · Methodology
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for 1-bed listings for sale in 33132: $680/sqft in 2026-W30 to $681/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=299 · 2026-07-29 · Methodology
What else is available at The Elser?
86 listings are currently active in this building across 75 distinct units (39 × 1-bed, 10 × 2-bed, 19 × 3-bed, 18 × studio).
n=86 · 2026-07-29 · Methodology
Observed price & status history
Asking price reduced from $920,000 to $840,000.
Browse this price segment
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Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology
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