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$499,000
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Property Description
Unit 3805 at The Elser offers a turnkey studio residence in the heart of Downtown Miami, ideal as a pied-á-terre or investment opportunity. The residence features a full kitchen, in-unit washer and dryer, contemporary finishes, and impressive views from the 38th floor. Owners have the option to enroll in the Highgate hotel rental program, providing professional management for nightly rentals and added flexibility for investors. The Elser offers an exceptional collection of resort-style amenities, including a spectacular pool deck, state-of-the-art fitness center, lounge areas, and more. Ideally located near Miami Worldcenter, Kaseya Center, Bayside Marketplace, dining, entertainment, and the waterfront. A unique opportunity to own a flexible residence in the center of Miami's rapidly evolving urban core.
Full Property Details
Full Property Details for 398 NE 5th St #3805
General
- Price: $499,000
- HOA FEE: $687/month
- HOA FEE FREQ.: Quarterly
- Taxes: $10,780 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12091734
- Updated: 9/22/2026
- Added to Site: 17 day(s) ago
Interior
- Interior Features: Lobby, Elevator
- Appliances: Electric Range
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Other
Additional Information
- Shared Amenities: Business Center, Exercise Room
- Maint. Includes: All Amenities
- Security/Safety: Doorman, Elevator Secure
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Other
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
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Other
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Windows: Clear Impact Glass
- Doors: High Impact Doors
- Entry Floor Number: 38
- Building Size: 442
- Square Feet: 442
- Living Area: 442 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Canal, Other View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,128.96
- Association Fee: $2,062
- Assoc Fee Freq.: Quarterly
- Tax Amount: $10,780
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 3805 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
- Restrictions: Daily Rentals Allowed
- Property ID: 01-41-37-078-1610
Listed by London Foster Realty
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Schools
Schools serving 398 NE 5th St #3805
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 398 NE 5th St #3805
Date
Details
Price
Change
Source
9/18/2026
Listed
$499,000
-34.34%
MLS
10/16/2023
Sold
$760,000
—
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 #3805
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,273
—
$551,095
-5%
2024
$11,273
—
$580,100
—
2023
$11,329
—
$580,100
—
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
Estimate the Cost for 398 NE 5th St #3805
398 NE 5th St #3805, Miami, FL 33132 (MLS# A12091734) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th St #3805 is currently listed for $499,000 and was received on September 18, 2026. Want to learn more about 398 NE 5th St #3805? 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.

