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$1,300,000
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Property Description
Discover an unparalleled lifestyle of luxury and flexibility at The Elser Hotel & Residences, a premier destination in the heart of Downtown Miami. This stunning, fully furnished 2-bedroom, 2-bath corner unit redefines urban living with its exceptional amenities and unbeatable location. Enjoy breathtaking bay views from a spacious wraparound balcony. As a resident, you'll have access to a suite of top-tier amenities, including a spectacular rooftop pool with panoramic views, a state-of-the-art fitness center, a 24-hour concierge, and convenient valet parking. The property's unique condo-hotel model offers the ultimate flexibility, allowing for both on-site and self-management options. Situated just a short stroll from Bayfront Park and the Kaseya Center.
Full Property Details
Full Property Details for 398 NE 5th St #2111
General
- Price: $1,300,000
- HOA FEE: $1,511/month
- Taxes: $24,549 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11875195
- Updated: 9/11/2025
- Added to Site: 129 day(s) ago
Interior
- Interior Features: First Floor Entry, Utility Room/Laundry
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level, Primary Bath Shower
Other Rooms
- Living Room: Utility Room/Laundry Sq. Ft.
- Laundry: Utility Room/Laundry
Additional Information
- Shared Amenities: Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Sauna
- Maint. Includes: Air Conditioning Maintenance, All Amenities, Building Exterior, Elevator, Manager, Outside Maintenance, Parking, Pest Control Interior, Recreation Facilities, Roof Repairs, Security, Sewer, Trash Removal, Water
- Security/Safety: Smoke Detector, Elevator Secure, Secured Garage/Parking, Lobby Secured
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: Covered, Valet
Location
- Area: Map Of Miami Dade Co. Fl.
- County: Miami-Dade County
- Subdivision: MAP OF MIAMI DADE CO. FL.
- Building Name: The Elser Residences
Community
- Community Name: Map Of Miami Dade Co. Fl.
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction, Stucco
- Doors: High Impact Doors
- Entry Floor Number: 21
- Building Size: 818
- Square Feet: 818
- Living Area: 818 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,589.24
- Association Fee: $1,511
- Assoc Fee Freq.: Monthly
- Tax Amount: $24,549
- Tax Year: 2024
- Terms: Cash
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 2111 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Daily Rentals Allowed
- Inclusions: None
- Property ID: 01-41-37-078-3480
Listed by RE/MAX Advance Realty II
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Schools
Schools serving 398 NE 5th St #2111
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 #2111
Date
Details
Price
Change
Source
9/10/2025
Listed
$1,300,000
-12.16%
MLS
8/16/2023
Sold
$1,480,000
—
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 #2111
Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,812
—
$1,225,400
—
2023
$23,930
—
$1,225,400
—
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 #2111
398 NE 5th St #2111, Miami, FL 33132 (MLS# A11875195) is a Condo property with 2 bedrooms and 2 full bathrooms. 398 NE 5th St #2111 is currently listed for $1,300,000 and was received on September 10, 2025. Want to learn more about 398 NE 5th St #2111? Do you have questions about finding other Condo real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.

