Luxury Condos in Miami Under $1 Million: What Can You Buy in 2026? | Luxe Miami Realty

398 NE 5th St # 3714
Miami, FL, 33132
$695,000
1 Beds
2 Baths
665 SqFt
0 Acres
Add
MLS #A11864160 image #0
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.

Property Details

Price:
$695,000
MLS #:
A11864160
Status:
Active
Beds:
1
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
MAP OF MIAMI DADE CO. FL.
Neighborhood:
mapofmiamidadecofl
Listed Date:
Sep 1, 2025
Finished Sq Ft:
665
Total Sq Ft:
665
Year Built:
2022
High RiseWaterfrontOceanfrontPoolThe ElserMap Of Miami Dade Co. Fl.MapofmiamidadecoflMap Of Miami Dade Co. Fl.Daily Rentals AllowedRestrictions Or Possible Restrictions

Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Heating
Central
Interior Features
First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers
Levels
1

Exterior

Architectural Style
High Rise
Association Amenities
Bar, Barbecue, Business Center, Elevator(s), Exercise Room, Heated Pool, Pool, Private Pool, Putting Green, Spa/Hot Tub
Construction Materials
Concrete Block Construction
Covered Spaces
1
Exterior Features
Open Balcony
Garage Spaces
1
Green Energy Efficient
Appliances, Doors, HVAC, Insulation, Lighting, Windows
Parking Features
1 Space
Patio And Porch Features
Open Balcony, Patio
Security Features
Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking
View
Bay, Ocean View, Direct Ocean
Waterfront Features
Ocean Front
Window Features
Clear Impact Glass, Blinds, High Impact Windows

Financial

HOA Fee
$897
HOA Fee Frequency
Monthly
Tax Year
2024
Taxes
$16,309

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Condo in Miami as of Apr 24, 2026
4,808
Condo Listed
165
Avg DOM
673
Avg $ / SqFt
$998,013
Avg List Price

Property Summary

    Located in the MAP OF MIAMI DADE CO. FL. subdivision, 398 NE 5th St # 3714 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $695,000 and features 1 beds, 2 baths, and has approximately 665 square feet of living space, and was originally constructed in 2022. The current price per square foot is $1,045. The average price per square foot for Condo listings in Miami is $673. The average listing price for Condo in Miami is $998,013. To schedule a showing of MLS#a11864160 at 398 NE 5th St # 3714 in Miami, FL, contact your Julien Drieu agent at 7862380927.

Similar Listings Nearby

broker reciprocity
MLS# A11968751broker reciprocity
900 Biscayne Blvd # 4307
Miami, FL

$900,000

0.3 miles away

broker reciprocity
MLS# A11938896broker reciprocity
2301 Collins Ave # 1632
Miami Beach, FL

$900,000

4.1 miles away

broker reciprocity
MLS# A12004315broker reciprocity
2301 Collins Ave # 432
Miami Beach, FL

$900,000

4.1 miles away

broker reciprocity
MLS# A11993046broker reciprocity
9 Island Ave # 810
Miami Beach, FL

$900,000

2.6 miles away

broker reciprocity
MLS# A11960232broker reciprocity
460 NE 28 # 704
Miami, FL

$900,000

1.7 miles away

broker reciprocity
MLS# A11891384broker reciprocity
2301 Collins Ave # 836
Miami Beach, FL

$900,000

4.1 miles away

broker reciprocity
MLS# A12000711broker reciprocity
1155 Brickell Bay Dr # 1702
Miami, FL

$900,000

1.2 miles away

broker reciprocity
MLS# A11952059broker reciprocity
300 Euclid Ave # 209
Miami Beach, FL

$900,000

3.4 miles away

broker reciprocity
MLS# A11880820broker reciprocity
1010 Brickell Ave # 1504
Miami, FL

$900,000

1.0 miles away

broker reciprocity
MLS# A11940878broker reciprocity
68 SE 6th St # 1710
Miami, FL

$900,000

0.8 miles away

398 NE 5th St # 3714
Miami, FL

Latest Posts

Luxury Condos in Miami Under $1 Million: What Can You Buy in 2026? | Luxe Miami Realty

Miami real estate agent Julien Drieu breaks down what you…

Is Buying Pre-Construction in Miami a Good Investment in 2026? | Luxe Miami Realty

Miami agent Julien Drieu gives an honest assessment of pre-construction…

Miami Neighborhood Guide for Luxury Real Estate Buyers 2026 | Luxe Miami Realty

Miami agent Julien Drieu's honest neighborhood guide for luxury real…

How to Buy a Pre-Construction Condo in Miami: Complete 2026 Guide | Luxe Miami Realty

Step-by-step guide to buying a pre-construction condo in Miami from…

Moving to Miami: Complete Relocation Guide 2026 | Luxe Miami Realty

Miami real estate agent Julien Drieu shares the complete 2026…