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$850,000 Just Listed
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Property Description
Beautiful and captivating studio on the 39th Floor at The Elser Residences. This unit is an amazing opportunity for investors and buyers alike. With this unit you are getting a beautiful and comfy studio where you can kickback and enjoy in any way you see fit! Overlooking the Kesaya Center and ocean bay you'll be close to some of the best attractions Miami has to offer. Including, the Frost Museum, Perez Art Museum, Bayfront Park and Bayside Marketplace there are numerous things to do. The Elser provides a fitness center, pool, spa and sauna for all your relaxation needs as well. Having such a vast amount of choices in amenities this makes for an amazing rental that you can manage on your own or with The Elser's rental program.
Full Property Details
Full Property Details for 398 NE 5th St #3907
General
- Price: $850,000
- HOA FEE: $567/month
- Taxes: $11,509 (2025)
- Status: Active
- Type: Condo
- Source: Regional
- MLS ID: B26050574
- Updated: 7/9/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Bedroom on Main Level, Closet Cabinetry, Kitchen/Dining Combo, Main Level Primary, Walk-In Closet(s), Bar
- Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Oven, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 1
- Bedrooms Main: 1
Other Rooms
- Laundry: In Unit, Washer Dryer Install Allowed
Additional Information
- Shared Amenities: Fitness Center, Maintenance Grounds, Pool, Parking, Sauna, Spa/Hot Tub, Elevator(s)
- Pool: Yes
- Pool Description: Association, Heated
- Spa: Yes
- Spa Description: Heated, In Ground
- Security/Safety: Security System, Elevator Secured, Fire Alarm, Key Card Entry, Lobby Secured
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Glass Enclosed, Open, Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Attached, Covered, Electric Vehicle Charging Station(s), Garage, Guest, Valet
Location
- County: Miami-Dade
- Subdivision: MAP OF MIAMI DADE CO. FL. PB B-41
- Building Name: The Elser
- Driving Directions: GPS
- Direction Faces: East
School Information
- Elementary School: Frederick Douglass
- Middle School: Jose De Diego
- High School: Booker T. Washington
Community
- Community Name: 2420
- Association: Yes
- Assoc. Fees Include: Common Areas, Insurance, Internet, Pool(s), Water
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Water Available
Structural Information
- Structure Type: Multi Family
- Construction: Block
- Roof: Concrete
- Windows: Storm Window(s)
- Entry Floor Number: 1
- Entry Location: Front Desk
- Stories/Levels: 1
- Building Size: 442
- Square Feet: 442
- Sq. Ft. Source: Public Records
- Living Area: 442 Sq. Ft.
- Year Built: 2022
- Property Condition: New Construction
Lot Features
- Property View: Bay, City, Ocean, Water
- Zoning: 6401
Water Features
- Water View: Yes
- Water Front Desc.: Bayfront, None, Ocean Front
- Water Front View: Bayfront, None, Ocean Front
Financial Considerations
- Association Fee: $567
- Assoc Fee Freq.: Monthly
- Assessment Amount: $553,210
- Tax Amount: $11,509.19
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 398 NE 5TH STREET CONDO UNIT 3907 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Property ID: 141370782300
Listed by Galt Ocean Realty Inc
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Schools
Schools serving 398 NE 5th St #3907
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 #3907
Date
Details
Price
Change
Source
7/09/2026
Listed
$850,000
19.55%
MLS
3/21/2023
Sold
$711,000
—
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 #3907
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,316
—
$553,210
-5%
2024
$11,316
-7%
$582,326
-2%
2023
$12,190
—
$593,000
—
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 #3907
398 NE 5th Street #3907, Miami, FL 33132 (MLS# B26050574) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th Street #3907 is currently listed for $850,000 and was received on July 09, 2026. Want to learn more about 398 NE 5th Street #3907? 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.

