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$1,399,000 Just Listed
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Property Description
Fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, with daily rentals permitted. Featuring floor-to-ceiling impact windows, modern open-concept design, and stunning Biscayne Bay and Miami skyline views. Turnkey and ideal for personal use or income generation. Enjoy resort-style amenities including rooftop pool, fitness center, 24-hour concierge, valet, and more, just steps from Bayfront Park, dining, entertainment, and the waterfront.
Full Property Details
Full Property Details for 398 NE 5th #4118
General
- Price: $1,399,000
- HOA FEE: $1,716/month
- Taxes: $23,345 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12077007
- Updated: 8/26/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Fire Sprinklers, Other
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: None
Additional Information
- Shared Amenities: Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub, Trash Chute
- Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Parking, Pool Service, Recreation Facilities, Sewer, Trash Removal, Water
- Security/Safety: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Guard At Site, Lobby Secured
- Equipment: Elevator
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: 1 Space, Other
Location
- Area: The Elser Residences
- County: Miami-Dade County
- Subdivision: The Elser Residences
- Building Name: The Elser Residences
Community
- Community Name: The Elser Residences
- Association: 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: Attached
- Construction: Concrete Block Construction, CBS Construction
- Windows: Complete Impact Glass
- Entry Floor Number: 41
- Sq. Ft. Source: Owner
- Year Built: 2022
Lot Features
- Property View: Bay, Water View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Association Fee: $1,716
- Assoc Fee Freq.: Monthly
- Tax Amount: $23,345
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 4118 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Daily Rentals Allowed, Ok To Lease
- Inclusions: None
- Property ID: 01-41-37-078-6060
Listed by EXP Realty LLC
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Schools
Schools serving 398 NE 5th #4118
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 #4118
Date
Details
Price
Change
Source
8/26/2026
Listed
$1,399,000
-2.16%
MLS
10/31/2024
Sold
$1,429,900
—
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 #4118
Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,699
—
$1,145,648
-8%
2024
$23,699
-9%
$1,245,270
-7%
2023
$26,149
—
$1,339,000
—
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 #4118
398 NE 5th #4118, Miami, FL 33132 (MLS# A12077007) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th #4118 is currently listed for $1,399,000 and was received on August 26, 2026. Want to learn more about 398 NE 5th #4118? 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.

