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$1,139,000 Just Listed
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Property Description
Experience flexible Downtown Miami ownership at The Elser Hotel & Residences, a condo-hotel offering a unique blend of personal use and income-producing potential. This residence may be used by the owner as a full-time or part-time home, while also allowing short-term rental flexibility when the owner is away. This structure allows buyers to enjoy a prime Miami lifestyle while having the option to manage rentals independently and maximize the property's use when not personally occupied. Located in the heart of Downtown Miami, The Elser offers access to world-class dining, entertainment, waterfront attractions, Brickell, Bayside, Kaseya Center, and Miami's vibrant urban lifestyle-making it an attractive option for personal enjoyment, short-term rental flexibility, and long-term ownership strategy.
Full Property Details
Full Property Details for 398 NE 5th St #4719
General
- Price: $1,139,000
- HOA FEE: $900/month
- Taxes: $13,969 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12049798
- Updated: 7/8/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Lobby, First Floor Entry, Utility Room/Laundry
- Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Entry Level, Primary Bath Shower
Other Rooms
- Living Room: Utility Room/Laundry Sq. Ft.
- Dining Room: Dining/Living Room
- Laundry: Utility Room/Laundry
Additional Information
- Shared Amenities: Business Center, Exercise Room, Other, Pool, Spa/Hot Tub
- Maint. Includes: All Amenities, Cable Tv, Internet/WiFi, Water
- Security/Safety: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Deck, Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Valet, Limited # Of Vehicle, 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 Residences
- Driving Directions: Fallow Map for directions
- Direction Faces: West
Community
- Community Name: Map Of Miami Dade Co. Fl.
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Windows: Clear Impact Glass, Blinds
- Doors: High Impact Doors
- Entry Floor Number: 47
- Building Size: 626
- Square Feet: 626
- Living Area: 626 Sq. Ft.
- Year Built: 2022
Lot Features
- Property View: Other View
- Frontage: Bay
Water Features
- Water Front: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,819.49
- Association Fee: $900
- Assoc Fee Freq.: Monthly
- Tax Amount: $13,969
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 398 NE 5TH STREET CONDO UNIT 4719 UNDIV 0.1585% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Restrictions: Corporate Buyer OK, Daily Rentals Allowed, Okay To Lease 1st Year
- Inclusions: None
- Property ID: 01-41-37-078-6460
Listed by Epique Realty Inc.
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Schools
Schools serving 398 NE 5th St #4719
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 #4719
Date
Details
Price
Change
Source
7/08/2026
Listed
$1,139,000
27.88%
MLS
8/24/2023
Sold
$890,700
—
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 #4719
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,158
—
$714,028
-2%
2024
$14,158
-5%
$728,600
—
2023
$14,977
—
$728,600
—
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 #4719
398 NE 5th St #4719, Miami, FL 33132 (MLS# A12049798) is a Condo property with 1 bedroom and 1 full bathroom. 398 NE 5th St #4719 is currently listed for $1,139,000 and was received on July 08, 2026. Want to learn more about 398 NE 5th St #4719? 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.

