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$725,000

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 341 Sq. Ft.
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Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don't miss out on this premier property in Miami's luxury market.

Full Property Details for 398 NE 5th St #2112

General

  • Price: $725,000
  • HOA FEE: $445/month
  • Taxes: $9,820 (2023)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11821496
  • Updated: 6/13/2025
  • Added to Site: 219 day(s) ago

Interior

  • Interior Features: Lobby, First Floor Entry
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Studio

Additional Information

  • Shared Amenities: Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub
  • Maint. Includes: All Amenities, Cable Tv, Common Area, Hot Water, Internet/WiFi, Pool Service, Security, Water
  • Security/Safety: Fire Alarm, Smoke Detector, Elevator Secure, Lobby Secured
  • Equipment: Elevator

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: 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
  • Heating Type: Electric

Structural Information

  • Architectural Style: High Rise
  • Structure Type: Condo-Hotel, Hotel
  • Detached/Attached: Attached
  • Construction: CBS Construction
  • Windows: Blinds, Impact Glass
  • Entry Floor Number: 21
  • Building Size: 341
  • Square Feet: 341
  • Living Area: 341 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.: $2,126.1
  • Association Fee: $445
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $9,820
  • Tax Year: 2023
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2112 UNDIV 0.0864% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Corporate Buyer OK, Daily Rentals Allowed, Ok To Lease
  • Inclusions: None
  • Property ID: 01-41-37-078-3820

Listed by Damar Florida Real Estate

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— 398 NE 5th St #2112 —

  • Damar Florida Real Estate

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th St #2112

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 #2112 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/12/2025
Listed
$725,000
17.28%
MLS
11/29/2023
Sold
$618,200
—
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 #2112

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,526
—
$490,200
—
2023
$9,573
—
$490,200
—
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 Damar Florida Real Estate

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398 NE 5th St #2112, Miami, FL 33132 (MLS# A11821496) is a Single Family property with 1 bedroom and 1 full bathroom. 398 NE 5th St #2112 is currently listed for $725,000 and was received on June 12, 2025. Want to learn more about 398 NE 5th St #2112? Do you have questions about finding other Single Family 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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