Date
Details
Price
Change
Source
8/13/2025
Listed
$580,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$580,000
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Property Description
A rare blend where luxury meets investment potential for exceptional ROI in Downtown Miami. Experience modern elegance in this turnkey, fully furnished, high-floor designer studio with cinematic Biscayne Bay and Downtown skyline views. Floor-to-ceiling glass frames a sleek open layout with king bed, sofa bed, full kitchen, washer/dryer, curated finishes, and secure keyless entry. Command resort-caliber amenities: rooftop pool with bar and restaurant, two-story fitness center, jacuzzi, 24/7 concierge, Beach Club access, and valet. Steps to Kaseya Center, Bayside, Brightline, dining, and shopping. Flexible ownership allows for personal enjoyment or lucrative short-term rentals in a high-demand market. Seize this opportunity to own at The Elser.
Full Property Details
Full Property Details for 398 NE 5 #4416
General
- Price: $580,000
- HOA FEE: $500/month
- Taxes: $10,297 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11863322
- Updated: 10/15/2025
- Added to Site: 157 day(s) ago
Interior
- Interior Features: Built-in Features, Elevator, Entrance Foyer, Vaulted Ceiling(s)
- Appliances: Trash Compactor, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self-Cleaning Oven, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Shower Only
Bedrooms
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Bar, Barbecue, Business Center, Child Play Area, Elevator(s), Exercise Room, Heated Pool, Sauna, Spa/Hot Tub
- Maint. Includes: All Amenities, Building Exterior, Elevator, Pool Service, Security, Sewer, Trash Removal, Water
- Security/Safety: Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, TV Camera
- Equipment: Elevator
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Valet, No Rv/Boats, No Trucks/Trailers
Location
- Area: The Elser
- County: Miami-Dade County
- Subdivision: The Elser
- Building Name: The Elser
Community
- Community Name: The Elser
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows
- Doors: High Impact Doors
- Entry Floor Number: 44
- Entry Location: Foyer
- Building Size: 362
- Square Feet: 362
- Living Area: 362 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay, Intracoastal View, Ocean View, Water View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Intracoastal Front, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,602.21
- Association Fee: $500
- Assoc Fee Freq.: Monthly
- Tax Amount: $10,297
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 4416 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: No Trucks/Rv'S, Ok To Lease, Okay To Lease 1st Year
- Inclusions: None
- Property ID: 01-41-37-078-5410
Listed by Parsiani Real Estate
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Listing agent
— 398 NE 5 #4416 —
Parsiani Real Estate
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Schools
Schools serving 398 NE 5 #4416
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.9 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5 #4416
Estimate the Cost
Estimate the Cost for 398 NE 5 #4416
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398 NE 5 #4416, Miami, FL 33132 (MLS# A11863322) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5 #4416 is currently listed for $580,000 and was received on August 13, 2025. Want to learn more about 398 NE 5 #4416? Do you have questions about finding other Condo real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.