Date
Details
Price
Change
Source
5/12/2026
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$795,000
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Property Description
Luxury Living in the Heart of Downtown Miami. Experience the pinnacle of urban living in this stunning, fully furnished studio located at The Elser Hotel & Residences. Boasting breathtaking, unobstructed views of Biscayne Bay and the Miami skyline, this turnkey residence offers a seamless blend of comfort and style. Enjoy world-class, resort-style amenities, including a massive sun deck with a shimmering pool, an outdoor theater, a state-of-the-art fitness center, and 24/7 concierge services. Perfectly positioned across from Bayfront Park and steps away from the Kaseya center, luxury dining, and vibrant nightlife. Move-in ready or perfect as a high-end short-term rental investment.
Full Property Details
Full Property Details for 398 NE 5th St #1407
General
- Price: $795,000
- HOA FEE: $494/month
- Taxes: $10,820 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12018690
- Updated: 9/3/2026
- Added to Site: 146 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: Lobby, Fire Sprinklers, Other, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Primary Bath Shower
Other Rooms
- Dining Room: Kitchen Dining
Additional Information
- Shared Amenities: Bar, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub
- Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Internet/WiFi, Manager, Parking, Sewer, Trash Removal, Water
- Security/Safety: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Card Entry
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Valet, Limited # Of Vehicle
Location
- Area: Map Of Miami Dade Co. Fl.
- County: Miami-Dade County
- Subdivision: MAP OF MIAMI DADE CO. FL.
- Building Name: The Elser
Community
- Community Name: Map Of Miami Dade Co. Fl.
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Doors: High Impact Doors
- Entry Floor Number: 14
- Building Size: 442
- Square Feet: 442
- Living Area: 442 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Ocean View, Skyline, Water View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,798.64
- Association Fee: $494
- Assoc Fee Freq.: Monthly
- Tax Amount: $10,820
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 1407 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Other Restrictions
- Property ID: 01-41-37-078-2050
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 398 NE 5th St #1407
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 St #1407
Tax History
Tax History for 398 NE 5th St #1407
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,495
—
$513,095
-5%
2024
$10,495
-7%
$540,100
-2%
2023
$11,306
—
$550,000
—
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 St #1407
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398 NE 5th St #1407, Miami, FL 33132 (MLS# A12018690) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th St #1407 is currently listed for $795,000 and was received on May 12, 2026. This property is listed by Angelica Fajardo from our Naples 5th Avenue Office.Want to learn more about 398 NE 5th St #1407? 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.