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$1,385,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 818 Sq. Ft.
  • Updated 9 hours ago

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Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night. The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one. Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery. Located in one of Downtown Miami's most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility. A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.

Full Property Details for 398 NE 5th #3811

General

  • Price: $1,385,000
  • Taxes: $23,931 (2025)
  • Status: Active
  • Type: Condo
  • Source: Martin_County
  • MLS ID: A11969815
  • Updated: 9/4/2026
  • Added to Site: 196 day(s) ago

Interior

  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Parking

  • Covered Spaces: 1
  • Total Spaces: 1
  • Parking Features: Covered, Valet

Location

  • Area: 2410
  • County: Miami-Dade
  • Subdivision: The Elser Hotel

Community

  • Community Name: 2410
  • Assoc. Fees Include: Other

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Other

Structural Information

  • Construction: Block, Concrete
  • Entry Floor Number: 38
  • Square Feet: 818
  • Living Area: 818 Sq. Ft.
  • Year Built: 2024
  • Property Condition: New Construction

Lot Features

  • Property View: Bay, Intercoastal

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Bayfront, Ocean Access, Ocean Front

Financial Considerations

  • Tax Amount: $23,931
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 3811 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Property ID: 01-41-37-078-3650

Listed by COSMORE Florida Corp.

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Listing agents

— 398 NE 5th #3811 —

  • COSMORE Florida Corp.

  • COSMORE Florida Corp.

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 #3811

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 398 NE 5th #3811 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/21/2026
Listed
$1,385,000
20.43%
MLS
6/30/2025
Sold
$1,150,000
—
Public Record
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 #3811

Year
Property Taxes
Change
Tax Assessment
Change
2024
$25,056
—
$1,186,248
-8%
2024
$25,056
—
$1,289,400
—
2023
$25,180
—
$1,289,400
—
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 #3811

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*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 COSMORE Florida Corp.

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398 NE 5th #3811, Miami, FL 33132 (MLS# A11969815) is a Condo property with 2 bedrooms and 2 full bathrooms. 398 NE 5th #3811 is currently listed for $1,385,000 and was received on February 21, 2026. Want to learn more about 398 NE 5th #3811? 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.

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