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$899,900
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Property Description
DOWNTOWN MIAMI Exceptional opportunity to own a 1 BEDROOM + 2 FULL BATHROOMS, direct OCEAN VIEW residence, the only line in the building offering this layout. DAILY RENTALS LIKE AIRBNB ARE PERMITTED, making this residence ideal for short-term rental investors, Floor-to-ceiling glass opens to a spacious balcony accessible from both the living room and the bedroom, maximizing light, views, and indoor-outdoor living. as well as second-home buyers seeking flexibility and income potential. Offered fully furnished and fully equipped, ready for immediate use or rental. Located in a full-service, hotel-managed luxury building, owners and guests enjoy resort-style amenities including 24/7 concierge, valet, professional management, rooftop pool with panoramic views, fitness center, spa-inspired amenities, and on-site dining and lounge areas. Prime Downtown location steps from Bayside, Bayfront Park, Miami Worldcenter, Brickell, and major cultural and entertainment venues. Easy access to Miami Beach, the airport, and highways. Turn-key luxury, ocean views, and short-term rental flexibility-an exceptional investment and lifestyle property in the heart of Miami.
Full Property Details
Full Property Details for 398 NE 5th St #2314
General
- Price: $899,900
- HOA FEE: $765/month
- Taxes: $14,318 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11955632
- Updated: 2/3/2026
- Added to Site: 19 day(s) ago
Interior
- Interior Features: Interior Hall, Lobby, First Floor Entry
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: None
Other Rooms
- Laundry: Washer/Dryer Hook-Up, Common Area
Additional Information
- Shared Amenities: Bar, Business Center, Clubhouse-Clubroom, Exercise Room, Heated Pool, Pool, Spa/Hot Tub
- Maint. Includes: Air Conditioning Maintenance, All Amenities, Cable Tv, Internet/WiFi, Laundry Facilities, Pool Service, Sewer, Trash Removal, Water
- Security/Safety: Smoke Detector, Elevator Secure, Card Entry, Lobby Secured
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Deck, Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Additional Spaces Available, Valet
Location
- Area: The Elser Residences
- County: Miami-Dade County
- Subdivision: THE ELSER RESIDENCES
- Building Name: THE ELSER RESIDENCES
- Direction Faces: Southeast
Community
- Community Name: The Elser Residences
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Windows: Blinds, High Impact Windows, Impact Glass
- Doors: High Impact Doors
- Entry Floor Number: 23
- Building Size: 665
- Square Feet: 665
- Living Area: 665 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay, Ocean View, Skyline
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,353.23
- Association Fee: $765
- Assoc Fee Freq.: Monthly
- Tax Amount: $14,318
- Tax Year: 2025
- Terms: All Cash, Conventional, Cryptocurrency
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 2314 UNDIV 0.1684% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: No Restrictions
- Inclusions: None
- Property ID: 01-41-37-078-4520
Listed by EXP Realty LLC
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Schools
Schools serving 398 NE 5th St #2314
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 #2314
Date
Details
Price
Change
Source
2/01/2026
Listed
$899,900
8.7%
MLS
8/09/2024
Sold
$827,900
—
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 #2314
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,883
96%
$780,700
—
2023
$4,012
—
$780,700
—
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 #2314
398 NE 5th St #2314, Miami, FL 33132 (MLS# A11955632) is a Condo property with 1 bedroom and 2 full bathrooms. 398 NE 5th St #2314 is currently listed for $899,900 and was received on February 01, 2026. Want to learn more about 398 NE 5th St #2314? 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.

