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Property Description
Discover Unit 2717 at The Elser Hotel & Residences, a spacious and highly versatile 2-Bedroom + large Den residence legally configured and recognized as a true 3-Bedroom unit. With 3 full bathrooms and the ability to comfortably accommodate up to 8 guests per night, the generously sized den can be easily divided. Delivered in pristine, like-new condition and sold fully furnished with all necessary equipment. Currently enrolled in the building's hotel management program, this residence delivers excellent occupancy rates and strong returns. Detailed performance statements and revenue history available upon request. A rare turnkey investment opportunity in the heart of Downtown Miami with no rental restrictions!
Full Property Details
Full Property Details for 398 NE 5th St #2717
General
- Price: $1,499,000
- HOA FEE: $1,220/month
- Taxes: $21,280 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11943473
- Updated: 1/12/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Other
- Appliances: Other Equipment/Appliances
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Other
Additional Information
- Shared Amenities: Bar, Barbecue, Bike Storage, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Other, Pool, Private Beach Pavilion, Spa/Hot Tub
- Maint. Includes: Other Maintenance Includes
- Security/Safety: Lobby Secured, Other
Exterior
- Exterior Features: Other, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space
Location
- Area: Map Of Miami Dade Co. Fl.
- County: Miami-Dade County
- Subdivision: MAP OF MIAMI DADE CO. FL.
- Building Name: The Elser
Community
- Community Name: Map Of Miami Dade Co. Fl.
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Central, Other
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 27
- Building Size: 1043
- Square Feet: 1,043
- Living Area: 1,043 Sq. Ft.
- Year Built: 2024
- Property Condition: New Construction
Lot Features
- Property View: Bay, Intracoastal View, Ocean View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,437.2
- Association Fee: $1,220
- Assoc Fee Freq.: Monthly
- Tax Amount: $21,280
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 2717 UNDIV 0.2641% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: No Restrictions
- Inclusions: None, Other
- Property ID: 01-41-37-078-5580
Listed by COSMORE Florida Corp.
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Schools
Schools serving 398 NE 5th St #2717
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 #2717
Date
Details
Price
Change
Source
1/12/2026
Listed
$1,499,000
—
MLS
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 #2717
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,265
-5%
$1,145,795
-5%
2023
$23,553
—
$1,206,100
—
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 #2717
398 NE 5th St #2717, Miami, FL 33132 (MLS# A11943473) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #2717 is currently listed for $1,499,000 and was received on January 12, 2026. Want to learn more about 398 NE 5th St #2717? 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.

