398 NE 5th St #3707, Miami, FL 33132 - Photo 1

1/1

$460,000

Sold
Closed
Condo
1 Bed
1 Full Bath
442 Sq. Ft.

1/1

Property Description

I DARE YOU TO FIND A BETTER DEAL! LOWEST PRICE! NO ASSESSMENTS! BRAND NEW BUILDING! The Elser Residences is located in the vibrant heart of downtown Miami. With the flexibility for short-term rentals managed on top platforms like Airbnb and VRBO. This stylish retreat boasts a fully-equipped kitchen, chic modern furnishings, and a flat-screen TV, blending style with convenience. Enjoy breathtaking views of Miami's intercoastal bay. Enjoy upscale amenities, including a wrap-around pool, a two-story, state-of-the-art gym, valet parking, and more. Its prime location offers easy access to the Bayside Marketplace, Miami Heat Arena, Art District, Brickell, the Port of Miami, parks, and various transit options.

Full Property Details

Full Property Details for 398 NE 5th St #3707

General

Sold For: $460,000
HOA FEE: $458/month
Taxes: $12,116 (2023)
Status: Closed
Type: Condo
Source: Greater_Miami
MLS ID: A11683284
Added to Site: 446 day(s) ago

Interior

Interior Features: Lobby, Built-in Features, Closet Cabinetry
Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Furnished: Yes
Furnishings: Furnished
Flooring: Tile

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1
Bedroom Features: Primary Bath Shower, Studio

Additional Information

Shared Amenities: Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Sauna, Spa/Hot Tub
Maint. Includes: All Amenities, Cable Tv, Common Area, Elevator, Hot Water, Insurance, Landscaping/Lawn Maintenance, Manager, Parking, Pool Service, Security, Sewer, Trash Removal, Water
Security/Safety: Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Exterior

Exterior Features: Open Balcony
Deck/Patio: Open Balcony

Parking

Garage: Yes
Garage Spaces: 1
Covered Spaces: 1
Parking Features: 1 Space, Covered, Electric Vehicle Charging Station(s)

Location

Area: Map Of Miami Dade Co. Fl.
County: Miami-Dade County
Subdivision: MAP OF MIAMI DADE CO. FL.
Building Name: Elser

Community

Community Name: Map Of Miami Dade Co. Fl.
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-Hotel, Condo
Detached/Attached: Attached
Windows: Blinds, High Impact Windows, Impact Glass
Entry Floor Number: 37
Building Size: 442
Square Feet: 442
Living Area: 442 Sq. Ft.
Year Built: 2022
Property Condition: New Construction

Lot Features

Property View: Bay, Intracoastal View, Ocean View
Frontage: Bay
Potential Use: Investment

Water Features

Water Front: Yes
Water View: Yes
Water Front Desc.: Intracoastal Front

Financial Considerations

Price Per Sq. Ft.: $1,040.72
Association Fee: $458
Assoc Fee Freq.: Monthly
Tax Amount: $12,116
Tax Year: 2023
Terms: All Cash, Conventional

Disclosures and Reports

Legal Description: 398 NE 5TH STREET CONDO UNIT 3707
Restrictions: Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
Inclusions: None, Other
Property ID: 01-41-37-078-2280

Listed by Keller Williams Realty Miami Beach and Keller Williams Miami Beach Realty
Sold by Miami Property Shop

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Listing agents

— 398 NE 5th St #3707 —

Keller Williams Realty Miami Beach
Keller Williams Miami Beach Realty

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Schools

Schools serving 398 NE 5th St #3707

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 #3707

Date

Details

Price

Change

Source

7/24/2025

Sold

$460,000

-7.82%

MLS

6/07/2025

Price Reduced

$499,000

-4.95%

MLS

5/27/2025

Price Reduced

$525,000

-7.57%

MLS

4/05/2025

Price Reduced

$568,000

-1.22%

MLS

1/02/2025

Price Reduced

$575,000

-7.26%

MLS

10/27/2024

Listed

$620,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Bath
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Closed

1
Bed
439
Sq. Ft.

398 NE 5th St #3707, Miami, FL 33132 (MLS# A11683284) is a Condo property that was sold at $460,000 on July 24, 2025. Want to learn more about 398 NE 5th St #3707? 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.

398 NE 5th St #3707 Miami, FL 33132