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$695,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 2 Full Baths
  • 665 Sq. Ft.
  • Updated 7 days ago
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Largest Bayfront 1-bedroom layout in the building (665 SF), a rare opportunity at The Elser Hotel & Residences.?The spacious layout and rare second full bathroom add rental flexibility compared to most 1-bedrooms in the building, making it suitable for both short-term and long-term rentals. Approved for daily rentals with flexible management. Priced significantly below recent '14 line sales and current inventory, presenting a strong value opportunity for buyers looking to scale, flexibility, and long-term upside. Enjoy stunning bay views and full access to resort-style amenities including rooftop pool with restaurant & bar, hot tub, 2-story fitness center, business center, and ViceVersa, the award-winning lobby bar & restaurant. Located in the heart of Downtown Miami, steps from Kaseya Center, Port of Miami, and top dining, arts, and nightlife. Positioned within a multi-billion dollar transformation of Downtown Miami, supporting long-term growth and demand.

Full Property Details for 398 NE 5th St #3714

General

  • Price: $695,000
  • HOA FEE: $897/month
  • Taxes: $16,309 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11864160
  • Updated: 4/10/2026
  • Added to Site: 229 day(s) ago

Interior

  • Interior Features: First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self-Cleaning Oven, Washer
  • Furnished: Yes
  • Furnishings: Furnished

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Entry Level, Primary Bath Shower

Other Rooms

  • Dining Room: Dining/Living Room

Additional Information

  • Shared Amenities: Bar, Barbecue, Business Center, Elevator(s), Exercise Room, Heated Pool, Pool, Private Pool, Putting Green, Spa/Hot Tub
  • Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Hot Water, Internet/WiFi, Outside Maintenance, Parking, Pool Service, Roof Repairs, Sewer, Trash Removal, Water
  • Security/Safety: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking

Exterior

  • Exterior Features: Open Balcony
  • Deck/Patio: Open Balcony, Patio

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
  • Units Assoc/Comm: 646
  • 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
  • Construction: Concrete Block Construction
  • Windows: Clear Impact Glass, Blinds, High Impact Windows
  • Doors: High Impact Doors
  • Entry Floor Number: 37
  • Building Size: 665
  • Square Feet: 665
  • Living Area: 665 Sq. Ft.
  • Year Built: 2022

Unit Information

  • Units in Complex: 646

Lot Features

  • Property View: Bay, Ocean View, Direct Ocean
  • Frontage: Bay

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Ocean Front

Green Features

  • Energy Efficient: Appliances, Doors, HVAC, Insulation, Lighting, Windows

Financial Considerations

  • Price Per Sq. Ft.: $1,045.11
  • Association Fee: $897
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $16,309
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 3714 UNDIV 0.1684% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Daily Rentals Allowed
  • Inclusions: None
  • Property ID: 01-41-37-078-4660

Listed by Rivó Real Estate

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— 398 NE 5th St #3714 —

  • Rivó Real Estate

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Be ready to buy your new home!

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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 #3714

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 #3714 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/10/2026
Price Reduced
$695,000
-6.71%
MLS
9/01/2025
Listed
$745,000
-21.91%
MLS
2/27/2023
Sold
$954,000
—
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 #3714

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,931
-6%
$732,690
-10%
2024
$15,820
—
$814,100
—
2023
$15,898
—
$814,100
—
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 for 398 NE 5th St #3714

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

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NMLS#: 1598647

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Listed by Rivó Real Estate

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398 NE 5th St #3714, Miami, FL 33132 (MLS# A11864160) is a Condo property with 1 bedroom and 2 full bathrooms. 398 NE 5th St #3714 is currently listed for $695,000 and was received on September 01, 2025. Want to learn more about 398 NE 5th St #3714? 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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