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$625,000
Property Description
Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one. Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services. Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.
Full Property Details
Full Property Details for 398 NE 5th #4313
General
- Price: $625,000
- Taxes: $10,456 (2025)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A11968390
- Updated: 9/4/2026
- Added to Site: 198 day(s) ago
Interior
- Interior Features: Kitchen/Dining Combo
- Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Pool: Yes
- Pool Description: Community
- Spa Description: Community
- Security/Safety: Lobby Secured, Fire Sprinkler System, Smoke Detector(s)
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony, Open
Parking
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Covered, Valet
Location
- Area: 2410
- County: Miami-Dade
- Subdivision: THE ELSER
Community
- Community Name: 2410
- Assoc. Fees Include: Parking, Pool(s)
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Construction: Block, Concrete
- Entry Floor Number: 43
- Elevator: Yes
- Square Feet: 357
- Living Area: 357 Sq. Ft.
- Year Built: 2022
- Property Condition: Resale
Lot Features
- Property View: Bay, Ocean
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayfront
Financial Considerations
- Tax Amount: $10,456
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 398 NE 5TH STREET CONDO UNIT 4313 UNDIV 0.0904% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Property ID: 01-41-37-078-4380
Listed by United Realty Group Inc
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Schools
Schools serving 398 NE 5th #4313
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 #4313
Date
Details
Price
Change
Source
2/19/2026
Listed
$625,000
-3.1%
MLS
1/22/2024
Sold
$645,000
—
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 #4313
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,175
—
$513,128
-2%
2024
$10,175
—
$523,600
—
2023
$10,225
—
$523,600
—
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 #4313
398 NE 5th #4313, Miami, FL 33132 (MLS# A11968390) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th #4313 is currently listed for $625,000 and was received on February 19, 2026. Want to learn more about 398 NE 5th #4313? 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.
