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$780,000

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 442 Sq. Ft.
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Luxury living in the heart of downtown Miami. Experience the pinnacle of urban living in this stunning, fully furnished studio apartment at Elser Hotel & Residences. Offering breathtaking, unobstructed views of Biscayne Bay and the Miami skyline, this turnkey apartment provides a flawless blend of comfort and style. It boasts stunning views and amenities including access to the Signature Bridge and new green park areas reminiscent of Central Park. Enjoy first-class, resort-style amenities including a massive sun terrace with a sparkling pool, an outdoor theater, a state-of-the-art fitness center, and 24/7 concierge services. It's perfectly located across from Bayfront Park and within steps of Kaseya Center, upscale restaurants, and vibrant nightlife. Perfect as a ready-to-move-in or high-end short-term rental investment.

Full Property Details for 398 NE 5th St

General

  • Price: $780,000
  • HOA FEE: $494/month
  • Taxes: $10,820 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A12040040
  • Updated: 6/20/2026
  • Added to Site: 22 day(s) ago

Interior

  • Interior Features: Bar, Den/Library/Office, Other
  • Appliances: Water Purifier, Refrigerator, Self-Cleaning Oven, Washer, Washer and Dryer (Leased)
  • Flooring: Marble

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Other, Primary Bedroom Upstairs

Other Rooms

  • Living Room: Den/Library/Office, Other Sq. Ft.
  • Laundry: Washer/Dryer Hook-Up

Additional Information

  • Pool: Yes
  • Pool Description: Automatic Chlorination, Auto Pool Clean, Fenced, 15x25
  • Spa: Yes
  • Security/Safety: Owned Burglar Alarm, Smoke Detector
  • Equipment: TV Antenna

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: On Street

Location

  • Area: Map Of Miami Dade Co. Fl.
  • County: Miami-Dade County
  • Subdivision: MAP OF MIAMI DADE CO. FL.
  • Building Name: MAP OF MIAMI DADE CO. FL.
  • Direction Faces: Northeast

Community

  • Community Name: Map Of Miami Dade Co. Fl.
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer, Other
  • Water: Other

Structural Information

  • Architectural Style: Attached, Other
  • Structure Type: Pool Only, House
  • Detached/Attached: Detached
  • Roof: Aluminum
  • Building Size: 442
  • Square Feet: 442
  • Living Area: 442 Sq. Ft.
  • Year Built: 2022
  • Property Condition: New Construction

Lot Features

  • Property View: Intracoastal View, Ocean
  • Frontage Feet: 1
  • Lot Features: Interior Lot
  • Zoning: 6401

Water Features

  • Water Front: Yes
  • Water Front Desc.: Intracoastal Front

Financial Considerations

  • Price Per Sq. Ft.: $1,764.71
  • Association Fee: $494
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $10,820
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2805 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
  • Restrictions: Assoc Approval Required
  • Inclusions: Other
  • Property ID: 01-41-37-078-1510

Listed by Cays LLC

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Listing agent

— 398 NE 5th St —

  • Cays 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

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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

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

Date
Details
Price
Change
Source
6/20/2026
Listed
$780,000
-95.41%
MLS
9/19/2022
Sold
$16,987,650
—
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

Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$8,325,000
1%
2024
$165,775
-16%
$8,275,000
-14%
2023
$197,054
—
$9,586,000
—
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

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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 Cays LLC

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398 NE 5th St, Miami, FL 33132 (MLS# A12040040) is a Single Family property with 1 bedroom and 1 full bathroom. 398 NE 5th St is currently listed for $780,000 and was received on June 19, 2026. Want to learn more about 398 NE 5th St? Do you have questions about finding other Single Family 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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