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$1,500,000
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Property Description
Fully furnished 3BD/3BA at The Elser Hotel & Residences-Downtown Miami's premier bayfront condo with NO RENTAL RESTRICTIONS, ideal for AIRBNB or daily rentals. Enjoy stunning DIRECT water views PLUS downtown skyline views from wraparound balcony. Features 9+ ft ceilings, porcelain wood-style tile, sleek kitchen w/ Italkraft cabinetry, quartz counters, & stainless steel appliances. Exceptional amenities: cocktail bar by Jaguar Sun, Café Domino coffee lounge, 132-ft pool w/ private cabanas, outdoor theater lawn, LED movie wall, two-story wellness center w/ yoga deck + spa, co-working spaces, & sky lounge. Prime location steps from Bayfront Park, world-class dining, museums, Kaseya Center, Wynwood, & more. Schedule your tour today!
Full Property Details
Full Property Details for 398 NE 5th St #1809
General
- Price: $1,500,000
- HOA FEE: $1,501/month
- Taxes: $26,278 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11815860
- Updated: 10/16/2025
- Added to Site: 220 day(s) ago
Interior
- Interior Features: Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s), No Additional Rooms
- Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self-Cleaning Oven, Washer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Entry Level, Other, Primary Bath Shower
Other Rooms
- Living Room: No Additional Rooms Sq. Ft.
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen, Family/Dining Combination, Snack Bar/Counter
Additional Information
- Shared Amenities: Bar, Barbecue, Billiard Room, Business Center, Exercise Room, Other, Pool, Sauna, Spa/Hot Tub
- Maint. Includes: All Amenities, Building Exterior, Common Area, Electric, Landscaping/Lawn Maintenance, Manager, Parking, Pool Service, Security, Sewer, Trash Removal, Water
- Security/Safety: Fire Sprinklers, Smoke Detector, Elevator Secure, Card Entry, Secured Garage/Parking, No Burglar Alarm
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Valet
Location
- Area: The Elser
- County: Miami-Dade County
- Subdivision: The Elser
- Building Name: The Elser Residences
Community
- Community Name: The Elser
- 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 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Complete Impact Glass, Blinds, Impact Glass
- Entry Floor Number: 18
- Entry Location: Foyer
- Building Size: 976
- Square Feet: 976
- Living Area: 976 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay, Intracoastal View, Ocean View, Direct Ocean, Skyline, Water View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,536.89
- Association Fee: $1,501
- Assoc Fee Freq.: Monthly
- Tax Amount: $26,278
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 1809 UNDIV 0.2472% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Corporate Buyer OK, Daily Rentals Allowed, Exterior Alterations, Ok To Lease
- Inclusions: Other
- Property ID: 01-41-37-078-2770
Listed by Blackbook Properties
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Schools
Schools serving 398 NE 5th St #1809
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 #1809
Date
Details
Price
Change
Source
10/16/2025
Price Reduced
$1,500,000
-1.64%
MLS
9/29/2025
Price Reduced
$1,525,000
-1.61%
MLS
9/11/2025
Price Reduced
$1,550,000
-1.59%
MLS
8/29/2025
Price Reduced
$1,575,000
-1.56%
MLS
7/17/2025
Price Reduced
$1,600,000
-3.03%
MLS
7/07/2025
Price Reduced
$1,650,000
-7.82%
MLS
6/11/2025
Listed
$1,790,000
1.08%
MLS
2/28/2023
Sold
$1,770,800
—
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 St #1809
Year
Property Taxes
Change
Tax Assessment
Change
2024
$26,552
—
$1,366,400
—
2023
$26,684
—
$1,366,400
—
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 #1809
398 NE 5th St #1809, Miami, FL 33132 (MLS# A11815860) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #1809 is currently listed for $1,500,000 and was received on June 11, 2025. Want to learn more about 398 NE 5th St #1809? 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.

