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$1,379,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 818 Sq. Ft.
  • Updated 5 days ago
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Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.

Full Property Details for 398 NE 5th St #3711

General

  • Price: $1,379,000
  • HOA FEE: $1,511/month
  • Taxes: $23,136 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A12057376
  • Updated: 7/28/2026
  • Added to Site: 12 day(s) ago

Interior

  • Interior Features: Lobby, Closet Cabinetry, Elevator, Skylight
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Shower Only

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other, Primary Bath Shower

Other Rooms

  • Dining Room: Dining/Living Room

Additional Information

  • Shared Amenities: Bar, Barbecue, Elevator(s), Other, Pool, Private Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Maint. Includes: Air Conditioning Maintenance, All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Internet/WiFi, Parking, Water
  • Security/Safety: Elevator Secure, Card Entry, Lobby Secured
  • Equipment: Whole House Permanent Generator, Elevator

Exterior

  • Exterior Features: Barbecue
  • Deck/Patio: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Covered, Valet

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
  • Units Assoc/Comm: 646
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Structural Information

  • Architectural Style: Corner Unit, High Rise
  • Structure Type: Condo 5+ Stories, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction, Concrete Block With Brick
  • Windows: Clear Impact Glass, Skylight
  • Doors: High Impact Doors
  • Entry Floor Number: 37
  • Building Size: 818
  • Square Feet: 818
  • Living Area: 818 Sq. Ft.
  • Year Built: 2022
  • Property Condition: New Construction

Unit Information

  • Units in Complex: 646

Lot Features

  • Property View: Bay, Skyline
  • Frontage: Bay

Water Features

  • Water Front: Yes
  • Water View: Yes

Green Features

  • Energy Efficient: Appliances, HVAC

Financial Considerations

  • Price Per Sq. Ft.: $1,685.82
  • Association Fee: $1,511
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $23,136
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 3711 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Daily Rentals Allowed, No Trucks/Rv'S, Ok To Lease, Okay To Lease 1st Year
  • Inclusions: None, Other
  • Property ID: 01-41-37-078-3640

Listed by Xcellence

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— 398 NE 5th St #3711 —

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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 #3711

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 #3711 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2026
Listed
$1,379,000
6.08%
MLS
2/19/2025
Sold
$1,300,000
—
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 #3711

Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,980
—
$1,182,660
-8%
2024
$24,980
—
$1,285,500
—
2023
$25,104
—
$1,285,500
—
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 for 398 NE 5th St #3711

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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398 NE 5th St #3711, Miami, FL 33132 (MLS# A12057376) is a Condo property with 2 bedrooms and 2 full bathrooms. 398 NE 5th St #3711 is currently listed for $1,379,000 and was received on July 22, 2026. Want to learn more about 398 NE 5th St #3711? 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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