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$579,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 443 Sq. Ft.
See This Home
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Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.

Full Property Details for 398 NE 5th St #1706

General

  • Price: $579,000
  • HOA FEE: $494/month
  • Taxes: $10,914 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11789023
  • Updated: 12/29/2025
  • Added to Site: 270 day(s) ago

Interior

  • Interior Features: Elevator
  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Furnished: Yes
  • Furnishings: Furnished

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Entry Level

Additional Information

  • Shared Amenities: Clubhouse-Clubroom, Community Room, Exercise Room, Exterior Lighting, Heated Pool, Spa/Hot Tub
  • Maint. Includes: All Amenities, Common Area
  • Security/Safety: Lobby Secured

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Location

  • Area: The Elser
  • County: Miami-Dade County
  • Subdivision: The Elser
  • Building Name: The Elser

Community

  • Community Name: The Elser
  • 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: Detached
  • Construction: CBS Construction
  • Doors: High Impact Doors
  • Entry Floor Number: 17
  • Building Size: 443
  • Square Feet: 443
  • Living Area: 443 Sq. Ft.
  • Year Built: 2022

Lot Features

  • Property View: Other View

Financial Considerations

  • Price Per Sq. Ft.: $1,307
  • Association Fee: $494
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $10,914
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 1706 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
  • Restrictions: Daily Rentals Allowed, Ok To Lease
  • Property ID: 01-41-37-078-1740

Listed by Related ISG Realty, LLC.

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Listing agent

— 398 NE 5th St #1706 —

  • Related ISG Realty, LLC.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th St #1706

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.9 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.1 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121 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 #1706 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/22/2025
Listed
$579,000
-15.82%
MLS
8/08/2023
Sold
$687,800
—
Public Record
Get Price Alerts and Save Property
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 for 398 NE 5th St #1706

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,587
—
$544,800
—
2023
$10,639
—
$544,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Related ISG Realty, LLC.

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398 NE 5th St #1706, Miami, FL 33132 (MLS# A11789023) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th St #1706 is currently listed for $579,000 and was received on April 22, 2025. Want to learn more about 398 NE 5th St #1706? 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.

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