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$1,250,000
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Property Description
Fully-furnished 3 Bed / 3 Bath corner unit at The Elser in Downtown Miami. Each bedroom is a private suite. Enjoy stunning views of the city, Biscayne Bay, and the Downtown skyline from floor-to-ceiling windows and a spacious balcony. Features include smart keyless entry, custom Italian vanities, matte black kitchen, California-style closets, and porcelain wood-look tile. This turn-key residence is ready for immediate use or to start generating income through The Elser's rental program. Steps from Kaseya Center, Miami Worldcenter, and Brickell. Residents enjoy a resort-style pool, incredible 2-story fitness center, sky lounge, co-working spaces, cocktail bar by Jaguar Sun®, the on-site restaurant Vice Versa, and more. Valet parking only. Maintenance fee is paid quarterly: $5,305.60/quarter
Full Property Details
Full Property Details for 398 NE 5th St #3901
General
- Price: $1,250,000
- HOA FEE: $1,769/month
- Taxes: $24,219 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11790416
- Updated: 8/9/2025
- Added to Site: 268 day(s) ago
Interior
- Interior Features: First Floor Entry, Built-in Features, Closet Cabinetry, Other, Walk-In Closet(s), No Additional Rooms
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
- Furnishings: Furnished, Turn Key Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Entry Level, Primary Bath Shower
Other Rooms
- Living Room: No Additional Rooms Sq. Ft.
- Dining Room: Dining/Living Room
Additional Information
- Shared Amenities: Bar, Barbecue, Exercise Room, Other, Private Pool, Spa/Hot Tub
- Maint. Includes: All Amenities, Cable Tv, Trash Removal, Water
- Security/Safety: Elevator Secure, Card Entry, Lobby Secured, Other
Exterior
- Exterior Features: East Of Us1, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached 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
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-Hotel, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Blinds, High Impact Windows
- Doors: High Impact Doors
- Entry Floor Number: 39
- Building Size: 1150
- Square Feet: 1,150
- Living Area: 1,150 Sq. Ft.
- Year Built: 2022
Unit Information
- Units in Complex: 646
Lot Features
- Property View: Bay, Other View, Skyline, Water View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,086.96
- Association Fee: $1,769
- Assoc Fee Freq.: Monthly
- Tax Amount: $24,219
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 3901 UNDIV 0.2912% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Daily Rentals Allowed, Ok To Lease, See Broker Remarks
- Property ID: 01-41-37-078-0260
Listed by RGI Realty
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Schools
Schools serving 398 NE 5th St #3901
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 #3901
Date
Details
Price
Change
Source
6/18/2025
Price Reduced
$1,250,000
-3.85%
MLS
4/24/2025
Listed
$1,300,000
-19.86%
MLS
5/17/2023
Sold
$1,622,200
—
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 #3901
Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,471
-5%
$1,259,320
-5%
2023
$25,887
—
$1,325,600
—
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 #3901
398 NE 5th St #3901, Miami, FL 33132 (MLS# A11790416) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #3901 is currently listed for $1,250,000 and was received on April 24, 2025. Want to learn more about 398 NE 5th St #3901? 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.

