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$499,000 Sale Pending
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Property Description
STUNNING NEW BUILDING WITH UNOBSTRUCTED DIRECT BAYVIEWS Furnished, 9-ft ceiling with floor-to-ceiling windows, balcony with dazzling views, porcelain tiles, washer/dryer custom Italian kitchen. smart keyless entry, smart thermostat, glass-enclosed showers, matte black kitchen, and fully built-out California-style closets. amenities, including a lobby with cocktail bar and restaurant over 19,000 square foot double-height amenity deck overlooking Downtown Miami and Biscayne Bay, curated art and green walls throughout all common areas, 132-foot resort-style pool with private lounge areas, 16-foot-long poolside screening LED wall, sky entertainment lounge and grilling terrace featuring eight grills, two-level co-working Lab featuring 11 reservable conference rooms, and a coffee lounge
Full Property Details
Full Property Details for 398 NE 5th St #3406
General
- Price: $499,000
- HOA FEE: $505/month
- Taxes: $11,098 (2024)
- Status: Pending
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11918517
- Updated: 1/9/2026
- Added to Site: 57 day(s) ago
Interior
- Interior Features: Closet Cabinetry, Elevator
- Appliances: Microwave, Refrigerator
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Bar, Business Center, Exercise Room
- Maint. Includes: Air Conditioning Maintenance
- Security/Safety: Doorman
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Valet
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
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 34
- Building Size: 443
- Square Feet: 443
- Living Area: 443 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,126.41
- Association Fee: $505
- Assoc Fee Freq.: Monthly
- Tax Amount: $11,098
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 3406 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
- Restrictions: Daily Rentals Allowed
- Inclusions: None
- Property ID: 01-41-37-078-1910
Listed by Sunstone Brokers
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Schools
Schools serving 398 NE 5th St #3406
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 #3406
Date
Details
Price
Change
Source
11/21/2025
Listed
$499,000
-28.82%
MLS
4/07/2023
Sold
$701,000
—
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 #3406
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,141
—
$573,300
—
2023
$11,196
—
$573,300
—
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 #3406
398 NE 5th St #3406, Miami, FL 33132 (MLS# A11918517) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th St #3406 is currently listed for $499,000 and was received on November 21, 2025. Want to learn more about 398 NE 5th St #3406? 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.

