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$1,230,000
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Property Description
Sophisticated Fully Furnished 3BR/3BA Corner Unit Residence at The Elser Hotel & Residences. Discover unmatched luxury in thisDowntown Miami turnkey unit, featuring floor-to-ceiling windows and a 180-degree balcony showcasing panoramic Biscayne Bay and city skyline vistas. Highlights include a gourmet kitchen with premium appliances, 9'2'' ceilings, smart home tech, and designer finishes. Ideal for investors (unrestricted short-term rentals) or full-time luxury living. Building amenities: rooftop infinity pool, 24/7 concierge, valet, and fitness center. Steps from Bayfront Park, Michelin-starred dining, and Biscayne Boulevard's vibrant scene. A rare blend of elegance, location, and investment potential. Schedule your private tour today!
Full Property Details
Full Property Details for 398 NE 5th St #2118
General
- Price: $1,230,000
- HOA FEE: $1,560/month
- Taxes: $21,109 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: B26041166
- Updated: 6/15/2026
- Added to Site: 21 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Kitchen/Dining Combo, Living/Dining Room, 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, Washer Dryer Install Allowed
Additional Information
- Shared Amenities: Clubhouse, Fitness Center, Management, Pool, Parking, Restaurant
- Pool: Yes
- Pool Description: Association
- Security/Safety: Security System, Building Security, Key Card Entry, 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
- Total Spaces: 1
- Parking Features: Assigned, Attached, Garage, Guest, Valet
Location
- County: Miami-Dade
- Subdivision: THE ELSER
- Building Name: 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: 2420
- Association: Yes
- Assoc. Name: RealManage Elevated Onsite
- Assoc. Fees Include: Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Reserve Fund, 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
- Utility Description: Cable Connected, Electricity Connected, Sewer Available, Water Available
Structural Information
- Architectural Style: Contemporary
- Structure Type: Multi Family
- Construction: Concrete
- Roof: Concrete
- Windows: Blinds, Sliding
- Entry Floor Number: 21
- Entry Location: Entry Level Living Area Y
- Stories/Levels: 1
- Building Size: 1237
- Square Feet: 1,135
- Sq. Ft. Source: Public Records
- Living Area: 1,135 Sq. Ft.
- Year Built: 2022
- Property Condition: Resale
Lot Features
- Property View: Bay, City, Water
- Frontage: City Street, Asphalt
- Road Maintenance: Public Maintained Road
- Zoning: RES
Water Features
- Water View: Yes
- Water Front Desc.: None, Ocean Front
- Water Front View: None, Ocean Front
Financial Considerations
- Association Fee: $1,560
- Assoc Fee Freq.: Monthly
- Assessment Amount: $1,078,997
- Tax Amount: $21,109
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard, 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
6/15/2026
Listed
$1,230,000
-2.94%
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
2024
$22,321
—
$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# B26041166) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th Street #2118 is currently listed for $1,230,000 and was received on June 15, 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.

