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$410,000

  • For Sale
  • Under Contract
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 490 Sq. Ft.
  • Updated 3 days ago
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Lowest priced, turnkey largest studio layout at the iconic The Elser. This rare 490 sq ft studio offers a more spacious and functional design than the smaller studio layouts in the building, allowing for a comfortable bedroom setup with the bed facing the TV divider. Ideally located in the heart of Downtown Miami, just steps from world-class dining, entertainment, and cultural destinations. Features include floor-to-ceiling windows, private balcony, fully equipped kitchen, in-unit washer/dryer, and stylish finishes. Enjoy resort-style amenities such as a 132-ft rooftop pool with LED screen, spa, two-story fitness center, sky lounge, co-working spaces, grilling terrace, lobby bar, and 24/7 concierge. Short-term rentals allowed through in-house or approved management.

Full Property Details for 398 NE 5th St #2403

General

  • Price: $410,000
  • HOA FEE: $680/month
  • Taxes: $10,769 (2025)
  • Status: Under Contract
  • Type: Condo
  • Source: Regional
  • MLS ID: R11156917
  • Updated: 4/2/2026
  • Added to Site: 73 day(s) ago

Interior

  • Interior Features: Built-in Features, None
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Furnished: Yes
  • Furnishings: Furnished

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedrooms Main: 1

Other Rooms

  • Laundry: Inside

Additional Information

  • Shared Amenities: Elevator(s), Fitness Center, Pool, Restaurant
  • Pool: Yes
  • Pool Description: Association
  • Spa: Yes
  • Spa Description: Heated
  • Security/Safety: Security System

Exterior

  • Exterior Features: Balcony, Outdoor Living Area
  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Assigned, Garage, Guest

Location

  • County: Miami-Dade
  • Subdivision: MAP OF MIAMI DADE CO. FL. PB B-41
  • Direction Faces: Southeast

School Information

  • Elementary School: Frederick Douglass
  • Middle School: Jose De Diego
  • High School: Booker T. Washington

Community

  • Community Name: 2410
  • Association: Yes
  • Assoc. Fees Include: Common Areas, HVAC, Insurance, Maintenance Structure

Heating & Cooling

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

Utilities

  • Cable Available: Yes
  • Utility Description: Cable Available

Structural Information

  • Construction: Block, Other, Concrete
  • Stories/Levels: 49
  • Building Size: 490
  • Square Feet: 490
  • Living Area: 490 Sq. Ft.
  • Year Built: 2022
  • Property Condition: Resale

Lot Features

  • Property View: Bay, City, Ocean
  • Zoning: 6401

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Ocean Front
  • Water Front View: Ocean Front

Financial Considerations

  • Association Fee: $680
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $10,769.3
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Short Sale
  • Documents Avail.: Short Sale Addendum
  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2403 UNDIV 0.1112% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Property ID: 141370780790

Listed by Luxe Properties

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— 398 NE 5th St #2403 —

  • Luxe Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th St #2403

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 398 NE 5th St #2403 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/22/2026
Listed
$410,000
-43.84%
MLS
10/20/2023
Sold
$730,000
—
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 #2403

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,769
—
$528,485
-5%
2024
$10,810
—
$556,300
—
2023
$10,864
—
$556,300
—
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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398 NE 5th Street #2403, Miami, FL 33132 (MLS# R11156917) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th Street #2403 is currently listed for $410,000 and was received on January 22, 2026. Want to learn more about 398 NE 5th Street #2403? 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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