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398 NE 5th St 3714 photo 1
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+20

398 NE 5th St 3714

Miami, FL, 33132

Active

$695,000

398 NE 5th St 3714

Miami, FL, 33132

Active

$695,000

1

Bedrooms

2

Bathrooms

665 sqft

Living Area

2022

Year Built

Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$139,000 down

%
Principal & Interest$3,606/mo
Property Tax (est. ~1.2%, varies by county)$695/mo
Home Insurance (est.)$250/mo
HOA Fees$897/mo
Total Monthly Payment$5,448
Loan Amount: $556,000Rate: 6.75%
Get Pre-Qualified

Estimated payments only. Actual rates and terms may vary.

Comparable Sales

$695,000Tour the dockSchedule a Showing

$897

HOA / Monthly

221

Days on Market

Dock & Water AccessMLS

Ocean Front

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

Largest Bayfront 1-bedroom layout in the building (665 SF), a rare opportunity at The Elser Hotel & Residences.?The spacious layout and rare second full bathroom add rental flexibility compared to most 1-bedrooms in the building, making it suitable for both short-term and long-term rentals. Approved for daily rentals with flexible management. Priced significantly below recent ’14 line sales and current inventory, presenting a strong value opportunity for buyers looking to scale, flexibility, and long-term upside. Enjoy stunning bay views and full access to resort-style amenities including rooftop pool with restaurant & bar, hot tub, 2-story fitness center, business center, and ViceVersa, the award-winning lobby bar & restaurant. Located in the heart of Downtown Miami, steps from Kaseya Center, Port of Miami, and top dining, arts, and nightlife. Positioned within a multi-billion dollar transformation of Downtown Miami, supporting long-term growth and demand.

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Location

Miami, FL, 33132

No price history available for this property.

Listing courtesy of Rivó Real Estate

Last updated: 6/19/2026

© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone X
BFE: -9999ft

Minimal Flood Hazard

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Nearby Schools

Assigned Public Schools

E

Douglass, Frederick Elementary

Grades K-5 · Miami

M

Jose de Diego MS

Grades 6-8 · Miami

H

Washington, Booker T. Senior High

Grades 9-12 · Miami

Nearby Private Schools

KLA Schools of Brickell0.8 mi
KLA Elementary0.9 mi
Brickell Heights Elementary1.0 mi
Lincoln-Marti Schools - 8th Ave1.2 mi
Lincoln-Marti Schools - 01-9531.4 mi

School data from Miami-Dade County Open Data Hub. Verify attendance zones with the school district.

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