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$540,000
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Property Description
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
Full Property Details for 398 NE 5th St #4207
General
- Sold For: $540,000
- HOA FEE: $679/month
- Taxes: $11,772 (2024)
- Status: Closed
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11829784
- Added to Site: 424 day(s) ago
Interior
- Interior Features: Lobby, First Floor Entry, Elevator
- Appliances: Dishwasher, Dryer, Microwave
- Furnished: Yes
- Furnishings: Furnished
- 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
- Potential Use: Investment
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Intracoastal Front, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,221.72
- 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.
Sold by EXP Realty LLC
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Schools
Schools serving 398 NE 5th St #4207
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 #4207
Date
Details
Price
Change
Source
8/24/2026
Sold
$540,000
-7.69%
MLS
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
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
398 NE 5th St #4207, Miami, FL 33132 (MLS# A11829784) is a Condo property that was sold at $540,000 on August 24, 2026. 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.

