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$720,000
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Property Description
High-floor, fully furnished studio at The Elser Hotel & Residences showcasing panoramic skyline and Biscayne Bay views. Sleek open layout with wood-look porcelain flooring, floor-to-ceiling glass, and a private balcony. Turnkey and rental-ready with daily rentals permitted and no minimum lease-ideal for income-producing ownership or flexible luxury living. Full-service condo-hotel offering a 24/7 front desk, resort-style amenities, and a prime Downtown Miami location near Miami Worldcenter, dining, and entertainment.
Full Property Details
Full Property Details for 398 NE 5th #3207
General
- Price: $720,000
- Taxes: $11,038 (2024)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A11949064
- Updated: 9/4/2026
- Added to Site: 226 day(s) ago
Interior
- Interior Features: Built-in Features, Walk-In Closet(s)
- Appliances: Some Electric Appliances, Dryer, Dishwasher, Microwave, Refrigerator, Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Shared Amenities: Elevator(s)
- Pool: Yes
- Pool Description: Community
- Spa Description: Community
- Security/Safety: Door Man
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony, Open
Parking
- Covered Spaces: 1
- Total Spaces: 1
Location
- Area: 2320
- County: Miami-Dade
- Subdivision: The Elser
Community
- Community Name: 2320
- Assoc. Fees Include: Common Areas, Pool(s), Security, Trash, Water
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Construction: Block, Concrete
- Entry Floor Number: 32
- Elevator: Yes
- Square Feet: 442
- Living Area: 442 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay, Ocean
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bay Access
Financial Considerations
- Tax Amount: $11,038
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 398 NE 5TH STREET CONDO UNIT 3207 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Property ID: 01-41-37-078-2230
Listed by BM2 Realty
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Schools
Schools serving 398 NE 5th #3207
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5th #3207
Date
Details
Price
Change
Source
1/23/2026
Listed
$720,000
49.04%
MLS
9/19/2025
Sold
$483,088
—
Public Record
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
Tax History for 398 NE 5th #3207
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,079
—
$541,642
-5%
2024
$11,079
-2%
$570,149
-2%
2023
$11,338
—
$580,600
—
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
Estimate the Cost for 398 NE 5th #3207
398 NE 5th #3207, Miami, FL 33132 (MLS# A11949064) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th #3207 is currently listed for $720,000 and was received on January 23, 2026. Want to learn more about 398 NE 5th #3207? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

