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$1,250,000
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Property Description
Sophisticated fully furnished 3BR/3BA corner residence at The Elser Hotel & Residences in Downtown Miami. This turnkey unit features floor-to-ceiling windows and a spacious wraparound balcony offering panoramic views of Biscayne Bay and the Miami skyline. Interior highlights include approximately 9'2'' ceilings, a modern kitchen with premium appliances, contemporary cabinetry, designer finishes, and smart home technology. The building allows short-term rentals, making it suitable for both investors and end users. Amenities include a rooftop pool, fitness center, concierge services, and valet. Conveniently located near Bayfront Park, Bayside Marketplace, dining, shopping, and major Downtown Miami attractions.
Full Property Details
Full Property Details for 398 NE 5th St #2118
General
- Price: $1,250,000
- HOA FEE: $1,600/month
- Taxes: $21,109 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: R11169314
- Updated: 3/26/2026
- Added to Site: 22 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Kitchen/Dining Combo, Split Bedrooms, Separate Shower, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main Floor Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Washer Hookup, Inside, Laundry Closet
Additional Information
- Shared Amenities: Clubhouse, Fitness Center, Pool, Parking, Restaurant
- Pool: Yes
- Pool Description: Association
- Security/Safety: Security System, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Open, Wrap Around, Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Assigned, Attached, Garage
Location
- County: Miami-Dade
- Subdivision: THE ELSER
- Driving Directions: Please use GPS.
- Direction Faces: Southeast
School Information
- Elementary School: Frederick Douglass
- Middle School: Jose De Diego
- High School: Booker T. Washington
Community
- Community Name: 2320
- Association: Yes
- Assoc. Fees Include: Cable TV, HVAC, Insurance, Maintenance Grounds, Sewer, Trash, Water, Internet
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Colonial
- Construction: Concrete
- Windows: Blinds, Sliding
- Entry Location: Entry Level Living Area Y
- Stories/Levels: 47
- Building Size: 1237
- Square Feet: 1,135
- Living Area: 1,135 Sq. Ft.
- Year Built: 2022
- Property Condition: Resale
Lot Features
- Property View: Bay, City
- Zoning: RES
Water Features
- Water View: Yes
- Water Front Desc.: Bayfront
- Water Front View: Bayfront
Financial Considerations
- Association Fee: $1,600
- Assoc Fee Freq.: Monthly
- Tax Amount: $21,109
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 398 NE 5TH STREET CONDO UNIT 2118 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Property ID: 141370785860
Listed by Linart Realty, LLC
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Schools
Schools serving 398 NE 5th St #2118
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 #2118
Date
Details
Price
Change
Source
3/06/2026
Listed
$1,250,000
-1.37%
MLS
5/28/2024
Sold
$1,267,300
—
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 #2118
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,988
-1%
$1,078,997
-8%
2024
$22,321
-9%
$1,172,823
-7%
2023
$24,628
—
$1,261,100
—
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 #2118
398 NE 5th Street #2118, Miami, FL 33132 (MLS# R11169314) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th Street #2118 is currently listed for $1,250,000 and was received on March 06, 2026. Want to learn more about 398 NE 5th Street #2118? 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.

