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$1,090,000

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,135 Sq. Ft.
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Discover perfection in this fully furnished 3BR/3BA corner unit at The Elser Hotel & Residences. Floor-to-ceiling windows and a 180° balcony capture breathtaking Biscayne Bay and city views. Enjoy 9'2" ceilings, premium kitchen appliances, and smart home features throughout this Downtown Miami gem. Ideal for investors with unrestricted short-term rentals or enjoy the sunrise AND sunset from your own balcony. Luxury living as its best. Exceptional amenities include rooftop infinity pool, 24/7 concierge, valet, and fitness center. Steps from Bayfront Park, Michelin dining, and vibrant Biscayne Boulevard. A rare blend of elegance, location, and investment potential. Tour this extraordinary opportunity today! Closing upon court approval.

Full Property Details for 398 NE 5th St #4518

General

  • Price: $1,090,000
  • HOA FEE: $1,486/month
  • Taxes: $25,247 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11806748
  • Updated: 11/4/2025
  • Added to Site: 255 day(s) ago

Interior

  • Interior Features: Closet Cabinetry, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3
  • Bedroom Features: None

Additional Information

  • Shared Amenities: Bar, Bike Storage, Business Center, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Other, Pool, Spa/Hot Tub
  • Maint. Includes: Air Conditioning Maintenance, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Legal/Accounting, Manager, Parking, Pool Service, Recreation Facilities, Roof Repairs, Security, Trash Removal
  • Security/Safety: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured
  • 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, Valet, No Rv/Boats, 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
  • Driving Directions: Please use GPS

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: Attached
  • Construction: Concrete Block Construction
  • Entry Floor Number: 45
  • Building Size: 1135
  • Square Feet: 1,135
  • Living Area: 1,135 Sq. Ft.
  • Year Built: 2022

Lot Features

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

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $960.35
  • Association Fee: $1,486
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $25,247
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Ownership: Limited Partnership
  • Legal Description: 398 NE 5TH STREET CONDO UNIT 4518 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Daily Rentals Allowed, Ok To Lease, See Broker Remarks
  • Property ID: 01-41-37-078-6100

Listed by Barnes International Realty, LLC

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Listing agent

— 398 NE 5th St #4518 —

  • Barnes International 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 #4518

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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 398 NE 5th St #4518 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/04/2025
Price Reduced
$1,090,000
-7.63%
MLS
8/07/2025
Price Reduced
$1,180,000
-7.81%
MLS
5/06/2025
Listed
$1,280,000
-10.87%
MLS
12/06/2023
Sold
$1,436,100
—
Public Record
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 #4518

Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,984
-9%
$1,260,243
-7%
2023
$26,463
—
$1,355,100
—
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 for 398 NE 5th St #4518

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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 Barnes International Realty, LLC

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398 NE 5th St #4518, Miami, FL 33132 (MLS# A11806748) is a Condo property with 3 bedrooms and 3 full bathrooms. 398 NE 5th St #4518 is currently listed for $1,090,000 and was received on May 06, 2025. Want to learn more about 398 NE 5th St #4518? 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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