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$850,000 -$40,000 (-4.49%) Price Reduced
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Property Description
Experience luxury and flexibility at Unit 3810 in The Elser Hotel & Residences - a fully furnished 1-bedroom, 1-bath high-floor condo with breathtaking direct bay views in the heart of Downtown Miami. Ideally located across from Bayside Marketplace and steps from the Kaseya Center, Miami Worldcenter, and MetroMover, this turnkey residence is perfect for both personal use and nightly rentals. The Elser offers resort-style amenities, including a massive bayfront terrace with pool, hot tub, grills, and outdoor theater, plus a two-story fitness center, coworking spaces, on-site dining, and 24/7 concierge. With walkable access to shopping, dining, events, and waterfront parks, Unit 3810 is the ideal lifestyle and investment opportunity in one of Miami's fastest-growing neighborhoods.
Full Property Details
Full Property Details for 398 NE 5th St #3810
General
- Price: $850,000
- HOA FEE: $567/month
- Taxes: $16,684 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11881372
- Updated: 1/15/2026
- Added to Site: 115 day(s) ago
Interior
- Interior Features: Lobby, Fire Sprinklers, Volume Ceilings
- Appliances: Dishwasher, Dryer, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Primary Bath Shower
Additional Information
- Shared Amenities: Bar, Barbecue, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub
- Maint. Includes: All Amenities, Building Exterior, Cable Tv, Elevator, Hot Water, Internet/WiFi, Pool Service, Security, Sewer, Trash Removal, Water
- Security/Safety: Fire Sprinklers, Doorman, Elevator Secure, Lobby Secured
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Valet
Location
- Area: Map Of Miami Dade Co. Fl.
- County: Miami-Dade County
- Subdivision: MAP OF MIAMI DADE CO. FL.
- Building Name: The Elser Hotel & Residen
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: CBS Construction
- Windows: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
- Doors: High Impact Doors
- Entry Floor Number: 38
- Building Size: 509
- Square Feet: 509
- Living Area: 509 Sq. Ft.
- Year Built: 2022
Unit Information
- Units in Complex: 646
Lot Features
- Property View: Bay, Intracoastal View, Ocean View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,669.94
- Association Fee: $567
- Assoc Fee Freq.: Monthly
- Tax Amount: $16,684
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 3810 UNDIV 0.1289% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
- Property ID: 01-41-37-078-3310
Listed by Real Broker LLC
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Schools
Schools serving 398 NE 5th St #3810
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 #3810
Date
Details
Price
Change
Source
1/15/2026
Price Reduced
$850,000
-4.49%
MLS
12/03/2025
Price Reduced
$890,000
-4.3%
MLS
9/24/2025
Listed
$930,000
-11.09%
MLS
5/30/2023
Sold
$1,046,000
—
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 #3810
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,183
—
$832,800
—
2023
$16,263
—
$832,800
—
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 #3810
398 NE 5th St #3810, Miami, FL 33132 (MLS# A11881372) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th St #3810 is currently listed for $850,000 and was received on September 24, 2025. Want to learn more about 398 NE 5th St #3810? 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.

