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    398 NE 5Th St Miami, FL 33132

    For Sale
    $650,000

    High Rise, Hotel Motel - Miami, FL

    Type:Hotel-Motel
    Property size:
    341 SF
    Days on Market:
    17
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 398 NE 5Th St

    General Information

    Property type
    Residential
    Property subtype
    Hotel-Motel
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    01-41-37-078-3790
    Parking features
    Garage, Valet
    Interior features
    First Floor Entry, Elevator
    Exterior features
    Balcony
    Accessibility
    Accessible Elevator Installed
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Size
    341 SF

    Taxes and HOA fees

    Expense value
    445
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2022
    Floors in Building
    49
    Flooring type
    Tile
    Building materials
    Block
    Architectural style
    High Rise

    BRILLIANCE REALTY GROUP (305) 965-1971 [email protected]

    Listing agent Leonor Mendoza (305) 377-9690 License #3123831

    Listing date Nov 25, 2025

    MLS# A11851120 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury High-Rise Studio in Miami

    Located in The Elser, a luxury high-rise in Miami, this studio apartment offers a blend of comfort and style. The unit features floor-to-ceiling windows providing city and bay views. It includes a fully equipped kitchenette, a spa-inspired bathroom, and an in-unit washer/dryer. Residents have access to amenities such as a rooftop pool, fitness center, co-working spaces, and 24/7 concierge service. The property is situated near Bayside Marketplace, Kaseya Center, and various dining and nightlife options. The studio is suitable for professionals, frequent travelers, or investors looking for a short-term rental opportunity. The property has a size of 341 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Corner Coffee Miami Coffee Shop SKYX Platforms Manufacturer ViceVersa Miami Restaurant Natalie Mery, Miami ... Real Estate Agent Property Markets Group Real Estate Developer

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.201769
    Latitude
    25.768774

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    FAQs

    What type of property is this?
    Hotel - Elegantly designed studio with city and bay views in Miami.
    Where is this hotel located?
    The property is located at 398 NE 5Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime location in Downtown Miami, steps from Bayside Marketplace, Kaseya Center, dining, and nightlife.; - Luxury high-rise with world-class amenities: rooftop pool, fitness center, co-working spaces, and 24/7 concierge.; - Breathtaking city and bay views from floor-to-ceiling windows.
    (305) 377-9690
    Request Owner's contact information
    398 NE 5Th St Miami, FL 33132
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    Miami, FL 33132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    398 NE 5Th St Miami, FL 33132
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