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$720,000
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Property Description
High-floor, fully furnished studio at The Elser Hotel & Residences showcasing panoramic skyline and Biscayne Bay views. Sleek open layout with wood-look porcelain flooring, floor-to-ceiling glass, and a private balcony. Turnkey and rental-ready with daily rentals permitted and no minimum lease-ideal for income-producing ownership or flexible luxury living. Full-service condo-hotel offering a 24/7 front desk, resort-style amenities, and a prime Downtown Miami location near Miami Worldcenter, dining, and entertainment.
Full Property Details
Full Property Details for 398 NE 5th St #3207
General
- Price: $720,000
- HOA FEE: $680/month
- Taxes: $11,038 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11949064
- Updated: 2/12/2026
- Added to Site: 34 day(s) ago
Interior
- Interior Features: Built-in Features, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Studio
Additional Information
- Shared Amenities: Bar, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub, Trash Chute
- Maint. Includes: Building Exterior, Common Area, Elevator, Pool Service, Security, Trash Removal, Water
- Security/Safety: Doorman, Elevator Secure, Card Entry
Exterior
- Exterior Features: East Of Us1, 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: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: High Rise
- Structure Type: Efficiency, Condo
- Detached/Attached: Attached
- Construction: Concrete Block With Brick, CBS Construction
- Doors: High Impact Doors
- Entry Floor Number: 32
- Building Size: 442
- Square Feet: 442
- Living Area: 442 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay, Ocean View, Water View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,628.96
- Association Fee: $680
- Assoc Fee Freq.: Monthly
- Tax Amount: $11,038
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 3207 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Daily Rentals Allowed, Ok To Lease
- Inclusions: None
- Property ID: 01-41-37-078-2230
Listed by BM2 Realty
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Schools
Schools serving 398 NE 5th St #3207
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 #3207
Date
Details
Price
Change
Source
1/23/2026
Listed
$720,000
49.04%
MLS
9/19/2025
Sold
$483,088
—
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 #3207
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,079
-2%
$570,149
-2%
2023
$11,338
—
$580,600
—
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 #3207
398 NE 5th St #3207, Miami, FL 33132 (MLS# A11949064) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th St #3207 is currently listed for $720,000 and was received on January 23, 2026. Want to learn more about 398 NE 5th St #3207? 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.

