398 NE 5th St # 2805, Miami FL 33132 | Miami, FL | 1 Bed 1 Bath | $699K | Brickellsold

Condo ownership cost

True Monthly Ownership Cost

A buyer-facing estimate built only from reported MLS figures. Not a loan offer or a substitute for association documents.

Known monthly costsEstimate

HOA / association fee: $680/moListed $680 monthly
Property tax: $892/moPrior-year annual $10,703 (2025)
Known monthly subtotal: $1,572/mo

Financing assumptionsEditable

Adjust these to match your quote. Mortgage shown is principal & interest only.

Down payment %

Interest rate %

Term (years)

Estimated mortgage (P&I): $3,535/mo
Estimated total (with mortgage): $5,107/mo

Not included — unknown or not verified

Mortgage principal & interest (shown separately as an editable estimate)
Homeowners / hazard insurance
Utilities and internet
Special assessments or pending repairs
Parking, storage, and other association fees

Estimates only — based on the listing's reported HOA and prior-year tax figures and your financing inputs. Confirm exact fees, taxes, insurance, utilities, and any assessments with the association, a licensed lender, and public records before making a decision.

Purchase tax estimate Florida insurance guide Request condo documents & cost review

Price History

Event	Price	Date
Original list price	$699,000	Oct 8, 2026

Similar Properties

Unit No. 2805

398 NE 5th St # 2805, Miami FL 33132

Miami , Miami-Dade County

1-Bed Condominium at MAP OF MIAMI DADE CO. FL. in Miami

$699,000

Brickellsold Estimate* (fallback: list price)$699,000 (list price)

For Sale

bedroom

bathroom

Square Footage

442

Type of Property

Condominium, Residential

Details

Overview

Sub Type

Condominium

Price Per Sqft

$1,581/sqft

Built In

2022

Association Fee

$680/mo HOA

Taxes

$10,703/yr

Description

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

This condominium home located at 398 NE 5th St # 2805, Miami FL 33132 is currently for sale and has been available on Brickellsold for 4 days. This property is listed at $699K. It has 1 beds, 1 bathrooms, and is 442 square feet. It was built in 2022. 398 NE 5th St # 2805, Miami FL 33132 is in Miami county Miami-Dade County.

Interior

Bedrooms

Bathrooms

Bathrooms Full

Features

Flooring: Ceramic Floor
Common walls with other units/homes:

Heating

Electric, Other

Cooling

Other

Appliances

Dishwasher, Disposal, Dryer

Total structure area

442

Total interior livable area

442 sqft

Property

Parking

Covered Spaces: 1
Parking Features: 1 Space
Garage Spaces: 1

Parcel Number

01-41-37-078-1510

Features

Entry location: First Floor Entry, Bar, Elevator
Exterior Features: Other
Has View: Yes
View Description: Intracoastal View, Other View, Skyline, Water View

Construction

Property subtype

Condominium, Residential

Materials

Condition

Year Built: 2022

Community & HOA

Community

Security Features: Doorman, Elevator Secure, Fire Alarm, Grillwork
Subdivision: MAP OF MIAMI DADE CO. FL.

HOA

Has HOA: Yes
Amenities: Bar, Business Center, Cabana, Elevator(s), Exercise Room, Spa/Hot Tub
HOA Fees: $680/mo

Region

Miami

Financial

Price Per Sqft

$1,581/sqft

Taxes

$10,703/yr

Association Fee

$680/mo

On Market Date

10/4/2026

Listing Terms

All Cash, Conventional

Metadata

Added

10/8/2026

Updated

10/9/2026

MLS#

A12103466

Days on Market

Listed By

Cays LLC

Originating MLS

A-Miami Association of REALTORS

Map

FAQs About 398 NE 5th St # 2805, Miami FL 33132

Condo building intelligence

The Elser

Active, internet-display-eligible inventory only. Sold listings are excluded.

Combined across 12 MLS building-name variants matched to the same official address. Median figures use the largest name group.

Active units: 49
Median active ask: $822,500
Active asking range: $3,500–$1,999,000
Median active HOA: $700/mo*
Median days on market: 104 days
New in last 7 days: 3
Active price reductions: 17
Reductions in last 30 days: 4
Median reduction: 9.3%*
Building year: 2022
MLS flood zones: AE, X, X
Data refreshed: Oct 29, 2026

Verify flood risk by exact address

The MLS flood-zone field above may be incomplete or outdated. Search the official FEMA map before making an offer, then obtain a property-specific elevation review and insurance quote; a map zone is not an insurance premium.

Search FEMA by property address

Miami-Dade's Storm Surge Planning Zones guide evacuation decisions and are different from FEMA flood zones. Check the exact address before hurricane season.

Check Miami-Dade storm-surge zone

Confirm condo financing before you rely on an estimate

Condo financing can depend on the project, reserves, insurance, litigation, owner occupancy, and your loan program. Search HUD's official FHA project list as a starting point; a lender must confirm current project and borrower eligibility.

Check HUD FHA condo status

Official address matched

Exact address match to one Miami-Dade parent folio: 0141370780001

Checked Oct 19, 2026. Identity match only—not proof of inspection, recertification, SIRS, association registration, or municipal coverage.

View Miami-Dade source query

Documents to verify

Milestone inspection: Not verified — request current association documents
Structural reserve study (SIRS): Not verified — request current association documents
Special assessments: Not verified — request current association documents
Rental policy: Not verified — request current association documents

Check Florida's official SIRS reporting database

DBPR displays association-submitted completion reports. A match does not verify the study's contents, reserve sufficiency, or building condition; obtain and review the current study itself.

Search DBPR SIRS reports

Buyer verification note

MLS fees, flood zones, and active-market summaries are informational. Official portals are search starting points, not proof of compliance, completeness, or municipal coverage. Obtain the current budget, reserves, insurance, inspection reports, assessments, minutes, litigation disclosures, and rental rules before relying on them.

Florida DBPR Inspections and SIRS Miami-Dade Community Association Registry FEMA Flood Map Service Center Miami-Dade official address record · Parent folio 0141370780001 Search Miami-Dade recertification by property address

True Monthly Ownership Cost

Known monthly costsEstimate

Financing assumptionsEditable

Not included — unknown or not verified

Price History

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398 NE 5th St # 2805, Miami FL 33132

1-Bed Condominium at MAP OF MIAMI DADE CO. FL. in Miami

Details

Overview

Description

Interior

Property

Construction

Community & HOA

Financial

Metadata

Map

FAQs About 398 NE 5th St # 2805, Miami FL 33132

FAQs About 398 NE 5th St # 2805, Miami FL 33132

The Elser

Documents to verify

Buyer verification note

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