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$625,000 Just Listed
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Property Description
Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one. Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services. Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.
Full Property Details
Full Property Details for 398 NE 5th St #4313
General
- Price: $625,000
- HOA FEE: $549/month
- HOA FEE FREQ.: Quarterly
- Taxes: $10,456 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11968390
- Updated: 2/21/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Lobby, Fire Sprinklers, Studio Apartment
- Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Studio
Other Rooms
- Living Room: Studio Apartment Sq. Ft.
- Dining Room: Kitchen Dining
Additional Information
- Shared Amenities: Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Spa/Hot Tub
- Maint. Includes: Parking, Pool Service
- Security/Safety: Fire Sprinklers, Smoke Detector, Card Entry, Fire Alarm, Lobby Secured
- Equipment: Elevator
Exterior
- Exterior Features: Barbecue, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Covered, Valet, No Trucks/Trailers
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: Central
Structural Information
- Architectural Style: Corner Unit, High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction
- Windows: Clear Impact Glass
- Doors: High Impact Doors
- Entry Floor Number: 43
- Building Size: 357
- Square Feet: 357
- Living Area: 357 Sq. Ft.
- Year Built: 2022
- Property Condition: New Construction
Lot Features
- Property View: Bay, Ocean View, Skyline, Water View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,750.7
- Association Fee: $1,647
- Assoc Fee Freq.: Quarterly
- Tax Amount: $10,456
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 4313 UNDIV 0.0904% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Corporate Buyer OK, Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
- Inclusions: Other
- Property ID: 01-41-37-078-4380
Listed by United Realty Group Inc
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Schools
Schools serving 398 NE 5th St #4313
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 #4313
Date
Details
Price
Change
Source
2/19/2026
Listed
$625,000
-3.1%
MLS
1/22/2024
Sold
$645,000
—
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 #4313
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,456
3%
$513,128
-2%
2024
$10,175
—
$523,600
—
2023
$10,225
—
$523,600
—
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 #4313
398 NE 5th St #4313, Miami, FL 33132 (MLS# A11968390) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th St #4313 is currently listed for $625,000 and was received on February 19, 2026. Want to learn more about 398 NE 5th St #4313? 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.

