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$699,900
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Property Description
Luxury & Investment Opportunity at The Elser! Experience the best of Miami living while maximizing your investment potential. This fully furnished luxury residence offers breathtaking views of Biscayne Bay and the Downtown Miami skyline, making it the perfect choice for personal enjoyment, a vacation home, or a high-income-producing asset. Designed with modern elegance, the unit features an open-concept layout, premium finishes, a king-size bed, sofa bed, fully equipped kitchen, in-unit washer and dryer, flat-screen TV, and secure keyless entry. Enjoy world-class amenities, including a spectacular rooftop pool with panoramic views, bar and restaurant service, a two-story fitness center, jacuzzi, 24/7 concierge, valet parking, and exclusive Beach Club access. Ideally located in the heart of Downtown Miami, just steps from Kaseya Center, Bayside Marketplace, Miami Worldcenter, Brightline Station, Brickell, top restaurants, shopping, nightlife, and major attractions. The Elser is one of Miami's most sought-after buildings for short-term rentals, offering exceptional flexibility and strong income potential in a high-demand market. Whether you're looking for a luxury lifestyle, a second home, or an investment with attractive ROI, this property checks every box. Don't miss this rare opportunity to own a premier residence in one of Miami's fastest-growing and most desirable locations!
Full Property Details
Full Property Details for 398 NE 5th St #4316
General
- Price: $699,900
- HOA FEE: $500/month
- Taxes: $10,267 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12042862
- Updated: 6/25/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Vaulted Ceiling(s)
- Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self-Cleaning Oven, Trash Compactor, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Shower Only
Bedrooms
- Bedroom Features: Entry Level, Studio
Other Rooms
- Dining Room: Dining/Living Room
Additional Information
- Shared Amenities: Bar, Barbecue, Business Center, Child Play Area, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub
- Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Internet/WiFi, Other Maintenance Includes, Pool Service, Reserve Fund, Security, Sewer, Trash Removal, Water
- Security/Safety: Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, TV Camera
- Equipment: Elevator
Exterior
- Exterior Features: None, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: Valet, No Rv/Boats, No Trucks/Trailers
Location
- Area: The Elser
- County: Miami-Dade County
- Subdivision: The Elser
- Building Name: The Elser
School Information
- Elementary School: Douglass; Frederick
- Middle School: de Diego; Jose
- High School: Washington; Brooker T
Community
- Community Name: The Elser
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction, CBS Construction
- Windows: Blinds, High Impact Windows
- Doors: High Impact Doors
- Entry Floor Number: 43
- Entry Location: Foyer
- Building Size: 362
- Square Feet: 362
- Living Area: 362 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Bay, Intracoastal View, Ocean View, Water View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Intracoastal Front, Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $1,933.43
- Association Fee: $500
- Assoc Fee Freq.: Monthly
- Tax Amount: $10,267
- Tax Year: 2024
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 4316 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Daily Rentals Allowed, No Trucks/Rv'S, Ok To Lease, Okay To Lease 1st Year, See Broker Remarks
- Inclusions: None
- Property ID: 01-41-37-078-5400
Listed by Potential Property Group
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Schools
Schools serving 398 NE 5th St #4316
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 #4316
Date
Details
Price
Change
Source
6/24/2026
Listed
$699,900
10.48%
MLS
4/03/2023
Sold
$633,500
—
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 #4316
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,959
—
$512,500
—
2023
$10,008
—
$512,500
—
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 #4316
398 NE 5th St #4316, Miami, FL 33132 (MLS# A12042862) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th St #4316 is currently listed for $699,900 and was received on June 24, 2026. Want to learn more about 398 NE 5th St #4316? 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.

