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$1,050,000
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Property Description
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
Full Property Details for 398 NE 5th St #4518
General
- Sold For: $1,050,000
- HOA FEE: $1,486/month
- Taxes: $25,247 (2024)
- Status: Closed
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11806748
- Added to Site: 476 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
- Potential Use: Investment
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $925.11
- 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
Sold by COSMORE Florida Corp.
Get Pre-Approved Today
Schools
Schools serving 398 NE 5th St #4518
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 #4518
Date
Details
Price
Change
Source
8/14/2026
Sold
$1,050,000
-3.67%
MLS
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
—
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 #4518, Miami, FL 33132 (MLS# A11806748) is a Condo property that was sold at $1,050,000 on August 14, 2026. 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.

