Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$399,000 Sale Pending

  • For Sale
  • Pending
  • Condo
  • 1 Full Bath
  • 362 Sq. Ft.
  • Updated 9 days ago
See This Home
Save This Home
See This Home
Save This Home
Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals. CHECK VIRTUAL TOUR

Full Property Details for 398 NE 5th #2016

General

  • Price: $399,000
  • HOA FEE: $474/month
  • Taxes: $9,440 (2023)
  • Status: Pending
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11892628
  • Updated: 1/9/2026
  • Added to Site: 103 day(s) ago

Interior

  • Interior Features: Closet Cabinetry
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Bedroom Features: Studio

Other Rooms

  • Laundry: Washer/Dryer Hook-Up

Additional Information

  • Shared Amenities: Bar, Barbecue, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Trash Chute
  • Maint. Includes: All Amenities, Cable Tv, Internet/WiFi, Water
  • Security/Safety: Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Exterior

  • Exterior Features: Open Balcony
  • Deck/Patio: Open Balcony

Parking

  • Parking Features: 1 Space, Valet

Location

  • Area: The Elser Hotel
  • County: Miami-Dade County
  • Subdivision: The Elser Hotel
  • Building Name: The Elser Hotel

Community

  • Community Name: The Elser Hotel
  • 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-Hotel, Condo
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Doors: High Impact Doors
  • Entry Floor Number: 20
  • Building Size: 362
  • Square Feet: 362
  • Living Area: 362 Sq. Ft.
  • Year Built: 2022

Lot Features

  • Property View: Bay, Direct Ocean, Water View
  • Frontage: Bay

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $1,102.21
  • Association Fee: $474
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $9,440
  • Tax Year: 2023
  • Terms: All Cash, Conventional, FHA

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2016 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Daily Rentals Allowed, No Trucks/Rv'S, Ok To Lease, Okay To Lease 1st Year, See Broker Remarks
  • Inclusions: None
  • Property ID: 01-41-37-078-5170

Listed by Novel Management, LLC.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 398 NE 5th #2016 —

  • Novel Management, LLC.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th #2016

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.9 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.1 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121 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 5th #2016 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$399,000
-2.44%
MLS
12/01/2025
Price Reduced
$409,000
-2.39%
MLS
11/20/2025
Price Reduced
$419,000
-2.33%
MLS
11/05/2025
Price Reduced
$429,000
-2.5%
MLS
10/08/2025
Listed
$440,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 398 NE 5th #2016

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,296
—
$478,400
—
2023
$9,342
—
$478,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 398 NE 5th #2016

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Novel Management, LLC.

Similar Properties near 398 NE 5th #2016

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

601 NE 1st Ave, Miami, FL 33132 - Photo 1
$399,000

601 NE 1st Ave  #1920  Miami, FL 33132

  • Condo
  • Active
  • 1
    Total Bath
  • 332
    Sq. Ft.
227 NE 2nd St, Miami, FL 33132 - Photo 1
$399,000

227 NE 2nd St  #2508  Miami, FL 33132

  • Condo
  • Active
  • 1
    Total Bath
  • 393
    Sq. Ft.
345 Ocean Dr, Miami Beach, FL 33139 - Photo 1
$399,000

345 Ocean Dr  #1018  Miami Beach, FL 33139

  • Condo
  • Active
  • Updated 13 days ago
  • 1
    Total Bath
  • 407
    Sq. Ft.
345 Ocean Dr, Miami Beach, FL 33139 - Photo 1
$399,000

345 Ocean Dr  #718  Miami Beach, FL 33139

  • Condo
  • Active
  • Updated 9 days ago
  • 1
    Total Bath
  • 407
    Sq. Ft.

Just Listed near 398 NE 5th #2016

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3034 Oak Ave, Coconut Grove, FL 33133 - Photo 1 Just Listed
$2,403,000

3034 Oak Ave  #LPH4  Coconut Grove, FL 33133

  • Condo
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,870
    Sq. Ft.
375 S Hibiscus Dr, Miami Beach, FL 33139 - Photo 1 Just Listed
$10,300,000

375 S Hibiscus Dr  Miami Beach, FL 33139

  • Single Family
  • Active
  • Updated 3 days ago
  • 6
    Beds
  • 7
    Total Baths
  • 4,286
    Sq. Ft.
Listed by The Jills Zeder Group (305) 788-5455
4779 Collins Ave, Miami Beach, FL 33140 - Photo 1 Just Listed
$1,749,000

4779 Collins Ave  #2607  Miami Beach, FL 33140

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,380
    Sq. Ft.
Listed by Michele Redlich (305) 725-3119
401 Ocean Dr, Miami Beach, FL 33139 - Photo 1 Just Listed
$499,000

401 Ocean Dr  #523  Miami Beach, FL 33139

  • Condo
  • Active
  • Updated 5 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 655
    Sq. Ft.
Listed by Benito Prats (786) 501-4070

Price Reduced near 398 NE 5th #2016

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

6799 Collins Ave, Miami Beach, FL 33141 - Photo 1 Price Reduced
-$80,000 (-4.51%)
$1,695,000

6799 Collins Ave  #1602  Miami Beach, FL 33141

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,387
    Sq. Ft.
Listed by Laura Pantano (305) 725-0667
400 South Pointe Dr, Miami Beach, FL 33139 - Photo 1 Price Reduced
-$151,000 (-5.3%)
$2,699,000

400 South Pointe Dr  #910  Miami Beach, FL 33139

  • Condo
  • Active
  • Updated 19 minutes ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,559
    Sq. Ft.
Listed by Richard Conlin (786) 271-2861
200 76th St, Miami Beach, FL 33141 - Photo 1 Price Reduced
-$1,000 (-0.59%)
$168,000

200 76th St  #56  Miami Beach, FL 33141

  • Co-op
  • Active
  • Updated 4 days ago
  • 1
    Total Bath
  • 400
    Sq. Ft.
Listed by Maria Torres Colmenarez (786) 307-0844
2655 Collins Ave, Miami Beach, FL 33140 - Photo 1 Price Reduced
-$30,000 (-5.45%)
$520,000

2655 Collins Ave  #1906  Miami Beach, FL 33140

  • Condo
  • Active
  • Updated 6 days ago
  • 1
    Bed
  • 2
    Total Baths
  • 1,122
    Sq. Ft.
Listed by Nancy Hensel (305) 803-7278 and The Curson Group (786) 262-6424

Recent Sales near 398 NE 5th #2016

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

398 NE 5th St, Miami, FL 33132 - Photo 1 Sold
$425,000

398 NE 5th St  #1516  Miami, FL 33132

  • Condo
  • Closed
  • Updated 6 days ago
  • 1
    Total Bath
  • 362
    Sq. Ft.
398 NE 5th St, Miami, FL 33132 - Photo 1 Sold
$400,000

398 NE 5th St  #1412  Miami, FL 33132

  • Condo
  • Closed
  • Updated 1 day ago
  • 1
    Total Bath
  • 341
    Sq. Ft.
244 Biscayne Blvd, Miami, FL 33132 - Photo 1 Sold
$455,000

244 Biscayne Blvd  #1508  Miami, FL 33132

  • Condo
  • Closed
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,006
    Sq. Ft.
244 Biscayne Blvd, Miami, FL 33132 - Photo 1 Sold
$385,000

244 Biscayne Blvd  #2305  Miami, FL 33132

  • Condo
  • Closed
  • 1
    Bed
  • 1
    Total Bath
  • 806
    Sq. Ft.

398 NE 5th #2016, Miami, FL 33132 (MLS# A11892628) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th #2016 is currently listed for $399,000 and was received on October 08, 2025. Want to learn more about 398 NE 5th #2016? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

Tour this property