Date
Details
Price
Change
Source
11/06/2025
Listed
$1,399,999
—
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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Property Description
Experience luxury in this stunning 3-bed, 3-bath residence at The Elser Hotel & Residences in Downtown Miami. Enjoy breathtaking views of Biscayne Bay and the city skyline from floor-to-ceiling windows and a private balcony. The open-concept layout features a gourmet kitchen with high-end finishes, smart keyless entry, and a 9'2" ceiling height. Perfect for investors, this fully furnished unit allows short-term rentals with no restrictions, or live year-round in style. The Elser offers resort-style amenities: a rooftop pool, fitness center, and 24/7 concierge. Steps from Bayfront Park, top dining, and entertainment, this residence delivers a vibrant, sophisticated lifestyle. Schedule a tour today to discover modern Miami living at its finest!
Full Property Details
Full Property Details for 398 NE 5th St #1601
General
- Price: $1,399,999
- HOA FEE: $1,666/month
- Taxes: $23,550 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11909504
- Updated: 11/15/2025
- Added to Site: 72 day(s) ago
Interior
- Interior Features: Closet Cabinetry, Elevator
- Fireplace: Yes
- Fireplace(s): Fireplace
- Appliances: Dishwasher, Dryer, Microwave, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Primary Bath Tub
Additional Information
- Shared Amenities: Bar, Barbecue, Bike Storage, Elevator(s), Exercise Room, Pool, Sauna, Spa/Hot Tub
- Maint. Includes: Insurance, Internet/WiFi, Parking, Pool Service, Security, Sewer, Trash Removal, Water
- Security/Safety: Fire Alarm, Card Entry, Lobby Secured
- Equipment: Elevator
Exterior
- Exterior Features: Barbecue, Open Balcony
- Deck/Patio: Deck, Open Balcony
Parking
- Parking Features: Valet
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: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Doors: High Impact Doors
- Entry Floor Number: 16
- Building Size: 1150
- Square Feet: 1,150
- Living Area: 1,150 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay
- Frontage: Bay
- Fencing (Description): Fenced
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,217.39
- Association Fee: $1,666
- Assoc Fee Freq.: Monthly
- Tax Amount: $23,550
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 1601 UNDIV 0.2912% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
- Inclusions: None
- Property ID: 01-41-37-078-0030
Listed by EXP Realty LLC
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Listing agent
— 398 NE 5th St #1601 —
EXP Realty LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 398 NE 5th St #1601
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 #1601
Tax History
Tax History for 398 NE 5th St #1601
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,843
-5%
$1,175,530
-5%
2023
$24,165
—
$1,237,400
—
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
Estimate the Cost for 398 NE 5th St #1601
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398 NE 5th St #1601, Miami, FL 33132 (MLS# A11909504) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #1601 is currently listed for $1,399,999 and was received on November 06, 2025. Want to learn more about 398 NE 5th St #1601? 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.