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$400,000
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Property Description
Prime Investment! BEST PRICE IN THE BUILDING at the time of publication! Gorgeous furnished studio at the awarded The Elser Hotel & Residences, facing Biscayne Bay and City. This turn-key unit offers flexible use: personal, business, vacation, or short-term rental via hotel program or platform. High-end design includes king bed, modern appliances, convertible sofa & table, rotating LED TV, and balcony with panoramic city & water views. Fully equipped to hotel standards. Amenities: wrap-around pool & bar, Beach Club service in South Beach, valet parking, spa, multi-level gym & business center. Steps from Bayside, Kaseya Center, Brightline, Brickell, Miami River; close to Port of Miami and the next Signature Bridge & Wynwood. Enjoy the vibrant Miami luxury lifestyle!Low HOA: $1,573 quarterly
Full Property Details
Full Property Details for 398 NE 5th St #1412
General
- Sold For: $400,000
- HOA FEE: $524/month
- Taxes: $9,327 (2024)
- Status: Closed
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11846720
- Added to Site: 177 day(s) ago
Interior
- Interior Features: Other, Studio Apartment
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Floor, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Studio
Other Rooms
- Living Room: Studio Apartment Sq. Ft.
Additional Information
- Shared Amenities: Bar, Business Center, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Spa/Hot Tub
- Maint. Includes: All Amenities, Building Exterior, Cable Tv, Elevator, Internet/WiFi, Pool Service, Security, Sewer, Trash Removal, Water
- Security/Safety: Elevator Secure, Card Entry, Lobby Secured
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: 1 Space, Covered, Valet, Limited # Of Vehicle
Location
- Area: The Elser Hotel&residences
- County: Miami-Dade County
- Subdivision: The Elser Hotel&Residences
- Building Name: - 398 NE 5th ST Condo
Community
- Community Name: The Elser Hotel&residences
- Association: Yes
- Pets Allowed: 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: CBS Construction
- Windows: High Impact Windows
- Entry Floor Number: 14
- Building Size: 341
- Square Feet: 341
- Living Area: 341 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay
- Frontage: Bay
- Potential Use: Investment
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,173.02
- Association Fee: $524
- Assoc Fee Freq.: Monthly
- Tax Amount: $9,327
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 1412 UNDIV 0.0864% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Corporate Buyer OK, Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
- Inclusions: None
- Property ID: 01-41-37-078-3750
Listed by Mezzini Realty Group
Sold by EXP Realty LLC
Get Pre-Approved Today
Schools
Schools serving 398 NE 5th St #1412
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5th St #1412
Date
Details
Price
Change
Source
11/10/2025
Sold
$400,000
-6.76%
MLS
9/20/2025
Price Reduced
$429,000
-4.45%
MLS
8/22/2025
Price Reduced
$449,000
-0.22%
MLS
7/24/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
398 NE 5th St #1412, Miami, FL 33132 (MLS# A11846720) is a Condo property that was sold at $400,000 on November 10, 2025. Want to learn more about 398 NE 5th St #1412? 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.

