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$495,000 Coming Soon
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Property Description
PRICED TO SELL - AND PRICED AGAINST CLOSED SALES, NOT ASKING PRICES. Residence 1902 at The Elser: a north-facing studio on the 19th floor, fully furnished and turnkey, furniture package conveys. 9'2" ceilings and floor-to-ceiling glass frame the Downtown skyline north toward Edgewater. Italkraft cabinetry, quartz countertops, stainless steel appliances, in-unit full-size washer/dryer, keyless entry and Ecobee smart thermostat. Daily short-term rentals or annual leases both permitted - and twelve months of operator statements are available to qualified buyers, so this residence is underwritten on documented revenue, occupancy and ADR rather than projections. Building amenities: 132-foot bayfront pool deck, two-story fitness center, two-level co-working Lab with reservable conference rooms, lobby bar and restaurant by Jaguar Sun, concierge and valet. HOA includes Wi-Fi and cable. Two blocks to Miami Worldcenter; walk to Kaseya Center, Brightline, Bayside and the Port of Miami.
Full Property Details
Full Property Details for 398 NE 5th St #1902
General
- Price: $495,000
- HOA FEE: $500/month
- HOA FEE FREQ.: Annually
- Taxes: (2025)
- Status: Coming Soon
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12086164
- Updated: 9/11/2026
- Added to Site: 2 day(s) ago
- Expected Market Date: 9/9/2026
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self-Cleaning Oven, Washer
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: At Least 1 Bedroom Ground Level
Other Rooms
- Dining Room: Dining/Living Room
Additional Information
- Shared Amenities: Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/Hot Tub
- Maint. Includes: All Amenities
- Security/Safety: Card Entry, Lobby Secured
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space
Location
- Area: The Elser Hotel Miami
- County: Miami-Dade County
- Subdivision: The Elser Hotel Miami
- Building Name: The Elser Hotel Miami
Community
- Community Name: The Elser Hotel Miami
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: None
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Doors: High Impact Doors
- Entry Floor Number: 19
- Building Size: 430
- Square Feet: 430
- Living Area: 430 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay, Other View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,151.16
- Association Fee: $6,000
- Assoc Fee Freq.: Annually
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 1902 UNDIV 0.1089% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Daily Rentals Allowed, Okay To Lease 1st Year
- Inclusions: None
- Property ID: 01-41-37-078-0400
Listed by Pink Miami Real Estate
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Schools
Schools serving 398 NE 5th St #1902
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 #1902
Date
Details
Price
Change
Source
9/09/2026
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 398 NE 5th St #1902
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,649
—
$465,800
-15%
2024
$10,649
-3%
$548,000
—
2024
$10,978
—
$548,000
—
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 #1902
398 NE 5th St #1902, Miami, FL 33132 (MLS# A12086164) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th St #1902 is currently listed for $495,000 and was received on September 09, 2026. Want to learn more about 398 NE 5th St #1902? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

