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$475,000

  • For Sale
  • Active
  • Condo
  • 1 Full Bath
  • 362 Sq. Ft.
See This Home
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Fabulous Studio Hotel/Condo unit located in the heart of Downtown Miami. This unit features a full kitchen with all appliances, is completely furnished with modern furniture and flat screen TV. King size bed and pull out couch for extra room. Unbelievable East Miami Views of Miami Beach and Biscayne Bay. This Hotel Condo features a wrap around pool, two story gym, valet parking and so much more! Location offers easy access to Kaseya Center, Bayside Marketplace, All Major Roadways, Port of Miami, Public Parks and Public Transportation! Enjoy world-class amenities, stunning water vistas, and the flexibility of short or long-term rentals, an excellent investment opportunity with outstanding income potential. Don't miss it!

Full Property Details for 398 NE 5th St #2316

General

  • Price: $475,000
  • HOA FEE: $700/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $9,668 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11877428
  • Updated: 9/12/2025
  • Added to Site: 127 day(s) ago

Interior

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

Rooms

Bathrooms

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

Bedrooms

  • Bedroom Features: Entry Level

Additional Information

  • Shared Amenities: Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub
  • Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Landscaping/Lawn Maintenance, Pool Service, Security
  • Security/Safety: Elevator Secure, Card Entry, Lobby Secured

Exterior

  • Exterior Features: Open Balcony, Other
  • Deck/Patio: Open Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Space

Location

  • Area: The Elser
  • County: Miami-Dade County
  • Subdivision: THE ELSER
  • Building Name: THE ELSER

Community

  • Community Name: The Elser
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Structure Type: Condo-Hotel, Condo
  • Detached/Attached: Attached
  • Construction: CBS Construction
  • Entry Floor Number: 23
  • Building Size: 362
  • Square Feet: 362
  • Living Area: 362 Sq. Ft.
  • Year Built: 2022

Lot Features

  • Property View: Bay

Water Features

  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $1,312.15
  • Association Fee: $2,100
  • Assoc Fee Freq.: Quarterly
  • Tax Amount: $9,668
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2316 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Corporate Buyer OK, Daily Rentals Allowed, Ok To Lease
  • Property ID: 01-41-37-078-5200

Listed by BHHS EWM Realty

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Listing agent

— 398 NE 5th St #2316 —

  • BHHS EWM Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th St #2316

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 #2316 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/12/2025
Listed
$475,000
8.2%
MLS
9/08/2025
Sold
$439,000
—
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 #2316

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,378
—
$482,600
—
2023
$9,424
—
$482,600
—
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 BHHS EWM Realty

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398 NE 5th St #2316, Miami, FL 33132 (MLS# A11877428) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th St #2316 is currently listed for $475,000 and was received on September 12, 2025. Want to learn more about 398 NE 5th St #2316? 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.

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