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398 5th St, Unit 4310
+46 more
$850K

Elser Unit 4310

398 5th St, Unit 4310 • Miami, FL 33132

at Elser

Beds
1
Baths
1
Living Area
509 SF
Price / SF
$1,670
HOA / Monthly
$782
Days on Market
47
Insider Price
$791,350

About This Unit

THE BEST DEAL AT ELSER RESIDENCES WITH STUNNING DIRECT WATER VIEW! This remarkable unit is thoughtfully delivered completely turn-key. The owners need only their personal belongings. The luxurious features of this stunning abode include 9+ foot ceilings, quartz countertops, and elegant porcelain wood-grain tile flooring. The kitchen is adorned with sophisticated Italkraft cabinets, and fully built-out closets provide ample storage for all your needs. Pamper yourself in the modern bathrooms featuring frameless glass showers, and experience the convenience of keyless entry. Embrace the panoramic vistas, the top-notch amenities, and the vibrant spirit of Downtown Miami awaits you in this extraordinary residence.

Pricing at Elser — $1,670/sqft
At $1,670/sqft, Elser Unit 4310 is priced above the building's typical 1BR — premium positioning.
Elser Unit 4310 vs Active Listings at Elser: This condo is +15.8% higher (+$228/more per sqft) than the building's active 1BR median of $1,442/sqft, based on 29 active 1BRs.
Elser Unit 4310 vs Recent Sold Listings at Elser: This unit is +60.0% higher (+$626/more per sqft) than recent 1BR sales (median $1,044/sqft, based on 6 sales over 9 months).
Rank: This unit's $/sqft is higher than 69% of currently-active 1BR units at Elser (sample of 29).
Insider Negotiation Strategy: 1BR units at Elser typically close at 93.1% of asking. At that ratio, this unit could plausibly trade around $791,350.
Based on live MIAMIRE active & closed listings at Elser.
Time on Market — 47 days
Elser Unit 4310 is around the building's typical pace.
This unit's 47 days on the market is 66 days shorter than the active 1BR median of 113 days (-58.4%).
Inventory position: 30th percentile for 1BRs currently active at this building.
Estimated Monthly Cost
Mortgage (P&I)
$4,616
HOA
$782
Property Tax
$1,435
Total / mo
$6,833
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 2.03%. HOA $1.54/sqft · All-in $13.42/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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Recent Comparable Sales

Active 1BR Comps at Elser

UnitListSqft$/sqftDOM
#— — 509 $1866 11
#— — 509 $1749 0
#— — 560 $1188 0
#— — 509 $2063 231
#— — 560 $1554 55

Recent Closed 1BR Sales

ClosedUnitSold$/sqftvs List
2025-11-24 #— $620,000 $1107 —
2025-12-12 #— $475,000 $1072 —
2025-12-11 #— $435,000 $991 —
2026-01-21 #— $450,000 $1016 —
2026-04-23 #— $520,000 $1176 —
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Flood Zone: This unit is in flood zone X. Outside the Special Flood Hazard Area — low-to-moderate risk; insurance optional but recommended.
Building Age: Built in 2022 (4 years old).
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Oct 2022 for $1,012,000 — held 4 years. They’re now asking $850,000 — −16.0% (−$162,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Oct 2022 $1,012,000 arm’s-length
Source: Miami-Dade Property Appraiser. This unit owns 0.1289% of the building’s common elements. County living area: 509 sqft.
Building: Elser
Unit: 4310
Year Built: 2022
Stories: 43
City: Miami
Postal Code: 33132
HOA Fee: $782 / Monthly
View: Bay, Ocean View
Waterfront: Yes
Private Pool: No
Heating: None
Cooling: Central Air
Days on Market: 47
Listed: December 10, 2025
MLS #: A11923176

Location

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Email About This Unit
Listing courtesy of: Luxe Living Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11923176 • Updated Jan 26, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

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Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at Elser. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

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