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$585,000

  • For Sale
  • Active
  • Condo
  • 1 Full Bath
  • 442 Sq. Ft.
See This Home
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The best investments begin with vision. One of the best-priced residences at The Elser , this fully furnished turnkey residence is professionally managed for short-term rentals, offering a seamless ownership experience in the heart of Downtown Miami. Ideally positioned along Biscayne Boulevard , adjacent to the iconic Waldorf Astoria Residences Miami and surrounded by transformative developments including Miami Worldcenter , Brightline, Kaseya Center and Bayside. Perfectly situated within one of Miami's most prestigious luxury growth corridors, this residence presents an exceptional opportunity to enjoy today while investing in tomorrow.

Full Property Details for 398 NE 5th St #4207

General

  • Price: $585,000
  • HOA FEE: $679/month
  • Taxes: $11,772 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11829784
  • Updated: 6/20/2026
  • Added to Site: 379 day(s) ago

Interior

  • Interior Features: Lobby, First Floor Entry, Elevator
  • Appliances: Dishwasher, Dryer, Microwave
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Bedroom Features: Studio

Additional Information

  • Shared Amenities: Elevator(s), Exercise Room, Pool, Private Pool
  • Maint. Includes: All Amenities, Cable Tv, Common Area, Elevator
  • Security/Safety: Elevator Secure, Lobby Secured, Other
  • Equipment: Elevator

Exterior

  • Exterior Features: East Of Us1, Open Balcony
  • Deck/Patio: Open Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Space, Additional Spaces Available

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
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric

Structural Information

  • Structure Type: Condo-Hotel, Condo
  • Detached/Attached: Attached
  • Doors: High Impact Doors
  • Entry Floor Number: 42
  • Building Size: 442
  • Square Feet: 442
  • Living Area: 442 Sq. Ft.
  • Year Built: 2022
  • Property Condition: New Construction

Lot Features

  • Property View: Bay, Intracoastal View, Other View
  • Frontage: Bay

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Intracoastal Front, Ocean Front

Financial Considerations

  • Price Per Sq. Ft.: $1,323.53
  • Association Fee: $679
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $11,772
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 4207 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Other Restrictions
  • Inclusions: None
  • Property ID: 01-41-37-078-2330

Listed by Related General Realty, LLC.

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Listing agent

— 398 NE 5th St #4207 —

  • Related General Realty, LLC.

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 #4207

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 #4207 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/18/2026
Price Increased
$585,000
3.54%
MLS
11/24/2025
Price Reduced
$565,000
-5.83%
MLS
6/27/2025
Listed
$600,000
—
MLS
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 #4207

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,376
—
$558,248
-5%
2024
$11,419
-2%
$587,629
-2%
2023
$11,686
—
$598,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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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

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Listed by Related General Realty, LLC.

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398 NE 5th St #4207, Miami, FL 33132 (MLS# A11829784) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th St #4207 is currently listed for $585,000 and was received on June 27, 2025. Want to learn more about 398 NE 5th St #4207? 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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