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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

Loan Term

Down Payment

20%

$139,000 down

Interest Rate

%

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

278

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: 6/29/2026

© 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

View FEMA Flood Map →

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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

Key Point Christian Academy0.8 mi

The Learning World Academy in Downtown0.8 mi

RJW The Academy of Arts Sciences0.8 mi

KLA Schools of Brickell0.8 mi

KLA Elementary0.9 mi

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

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