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$1,225,000 Just Listed
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Property Description
Experience the ultimate in turnkey Miami luxury at this sophisticated 3-bedroom, 3-bathroom corner residence at The Elser Hotel & Residences. Designed for effortless living and exceptional flexibility, this fully furnished home pairs dramatic architecture with sweeping views and the rare opportunity to enjoy a residence that can also generate income.Floor-to-ceiling windows frame spectacular 180-degree views of Biscayne Bay, the Miami skyline, and the city's ever-changing energy,Inside, refined contemporary interiors feature 9'2" ceilings, designer finishes, smart-home technology, and a chef-inspired kitchen outfitted with premium appliances. The open-concept layout, generous bedrooms, and elegant furnishings create a sophisticated retreat that feels equally at home as a private residence or a high-end income-producing property. But the experience extends far beyond your front door. The Elser delivers a resort-inspired collection of amenities designed to make everyday life feel like a vacation-including a spectacular rooftop infinity pool with panoramic city and bay views, 24-hour concierge service, valet parking, a state-of-the-art fitness center, and thoughtfully curated outdoor spaces Located in the heart of Downtown Miami, you're moments from Bayfront Park, Biscayne Boulevard, world-class dining, nightlife, entertainment, cultural destinations, and the waterfront, placing the best of the city directly outside your door.This is Miami living-elevated
Full Property Details
Full Property Details for 398 NE 5th St #2118
General
- Price: $1,225,000
- HOA FEE: $1,560/month
- Taxes: $21,109 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12071480
- Updated: 8/14/2026
- Added to Site: 6 day(s) ago
Interior
- Interior Features: Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Fire Sprinklers, Other
- Appliances: Dishwasher, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: At Least 1 Bedroom Ground Level
Additional Information
- Shared Amenities: Bar, Business Center, Elevator(s), Exercise Room, Heated Pool, Sauna, Spa/Hot Tub, Trash Chute
- Maint. Includes: All Amenities, Cable Tv, Insurance, Manager, Parking, Pest Control Interior, Pool Service, Recreation Facilities, Reserve Fund, Security, Trash Removal, Water
- Security/Safety: Fire Sprinklers, Fire Alarm, Smoke Detector, Elevator Secure, Secured Garage/Parking, Lobby Secured
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Guest, Valet
Location
- Area: Map Of Miami Dade Co. Fl.
- County: Miami-Dade County
- Subdivision: MAP OF MIAMI DADE CO. FL.
- Building Name: Elser
Community
- Community Name: Map Of Miami Dade Co. Fl.
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump/Reverse Cycle
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Detached
- Construction: CBS Construction
- Doors: High Impact Doors
- Entry Floor Number: 21
- Building Size: 1135
- Square Feet: 1,135
- Living Area: 1,135 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay, Skyline, Water View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,079.3
- Association Fee: $1,560
- Assoc Fee Freq.: Monthly
- Tax Amount: $21,109
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 2118 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Ok To Lease
- Property ID: 01-41-37-078-5860
Listed by Miami Property Shop
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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
8/14/2026
Listed
$1,225,000
-3.34%
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 St #2118, Miami, FL 33132 (MLS# A12071480) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #2118 is currently listed for $1,225,000 and was received on August 14, 2026. Want to learn more about 398 NE 5th St #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.

