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$1,099,000 -$151,000 (-12.08%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,150 Sq. Ft.
  • Updated 5 days ago
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An elegant, high-floor residence created for those who want to experience Miami with ease without the responsibilities of full-time ownership. Perfectly positioned in Downtown Miami, this turnkey unit functions as a refined pied-á-terre for buyers who value proximity to Brickell, Miami Beach, the Design District, and the airport, making arrivals and departures effortless. Whether used as a personal retreat or a flexible city base, the location offers unmatched connectivity to Miami's most vibrant neighborhoods. When not in residence, owners may participate in professionally managed short-term rental programs, allowing the property to generate income in a fully hands-off manner. This structure is ideal for buyers who prefer simplicity and professional oversight rather than day-to-day rental operations. This is not a traditional investment property, it is a lifestyle-driven asset designed for those seeking flexibility, convenience, and optional revenue without operational complexity. Vacant and available for private showings.

Full Property Details for 398 NE 5th St #3901

General

  • Price: $1,099,000
  • HOA FEE: $1,769/month
  • Taxes: $22,418 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11790416
  • Updated: 3/23/2026
  • Added to Site: 338 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.: $955.65
  • Association Fee: $1,769
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $22,418
  • Tax Year: 2025
  • 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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Listing agents

— 398 NE 5th St #3901 —

  • RGI Realty

  • RGI Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th St #3901

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 #3901 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2026
Price Reduced
$1,099,000
-12.08%
MLS
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
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 #3901

Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,353
-5%
$1,145,981
-9%
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 for 398 NE 5th St #3901

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RGI Realty

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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 $1,099,000 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.

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