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$1,279,000 -$20,000 (-1.54%) Price Reduced

  • For Sale
  • Active
  • Condo / Townhouse
  • 3 Beds
  • 3 Full Baths
  • 1,135 Sq. Ft.
  • Updated 4 days ago
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Sophisticated Fully Furnished 3BR/3BA Corner Unit Residence at The Elser Hotel & Residences. Discover unmatched luxury in this Downtown Miami turnkey unit, featuring floor-to-ceiling windows and a 180-degree balcony showcasing panoramic Biscayne Bay and city skyline vistas. Highlights include a gourmet kitchen with premium appliances, 9'2'' ceilings, smart home tech, and designer finishes. Ideal for investors (unrestricted short-term rentals) or full-time luxury living. Building amenities: rooftop infinity pool, 24/7 concierge, valet, and fitness center. Steps from Bayfront Park, Michelin-starred dining, and Biscayne Boulevard's vibrant scene. A rare blend of elegance, location, and investment potential. Schedule your private tour today!

Full Property Details for 398 NE 5th St #2118

General

  • Price: $1,279,000
  • HOA FEE: $1,486
  • Taxes: $23,495 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Regional
  • MLS ID: RX-11128824
  • Updated: 1/13/2026
  • Added to Site: 108 day(s) ago

Rental Information

  • Min. Lease (Days): 180

Interior

  • Rooms/Areas: Laundry-Inside, Laundry-Util/Closet
  • Interior Features: Entry Lvl Lvng Area
  • Eating Areas: Dining/Kitchen
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Smoke Detector, Washer, Water Heater - Elec
  • Furnishings: Furnished, Turnkey
  • Flooring: Clay Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3
  • Bedroom/Bathroom: Separate Shower
  • Primary Bedroom: 12 x 12

Other Rooms

  • Living Room: 12 x 14
  • Kitchen: 12 x 8

Additional Information

  • Shared Amenities: Beach Club Available, Cafe/Restaurant, Community Room, Fitness Center, Internet Included, Lobby, Manager on Site, Pool
  • Shared Pool: Yes
  • Maint. Includes: Air Conditioning Maintenance, Insurance (Building), Maintenance (Interior), Roof Maintenance, Sewer, Trash Removal, Water
  • Security/Safety: Doorman

Parking

  • Garage Spaces: 1
  • Parking Features: Assigned

Location

  • Area: 2320, DADE
  • County: Miami-Dade
  • Development Name: THE ELSER
  • Subdivision: The Elser
  • Driving Directions: Please use GPS.

School Information

  • Elementary School: Frederick Douglass Elementary School
  • Middle School: Jose De Diego Middle School
  • High School: Booker T. Washington Senior High

Community

  • Home Owners Assn.: Mandatory
  • Membership: No Membership Available
  • Governing Bodies: Condo

Heating & Cooling

  • Cooling Type: Electric
  • Heating Type: Electric

Utilities

  • Utility Description: Cable, Electric, Public Sewer, Public Water

Structural Information

  • Description/Design: Contemporary
  • Construction: Concrete
  • Windows: Blinds
  • Square Feet: 1,135
  • Sq. Ft. Source: Developer
  • Year Built: 2022

Unit Information

  • Unit Floor in Bldg.: 21
  • Unit Description: Corner

Lot Features

  • Property View: Bay, City
  • Zoning: RES

Water Features

  • Water View: Yes
  • Water Front Desc.: Bay

Financial Considerations

  • Price Per Sq. Ft.: $1,126.87
  • Assoc Fee /Month: $1,486
  • Application Fee: $150
  • Tax Amount: $23,495
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2118 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Restrictions: Buyer Approval, Daily Rentals OK, Lease OK
  • APN: 141370785860

Listed by Linart Realty, LLC

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Listing agent

— 398 NE 5th St #2118 —

  • Linart 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 #2118

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 #2118 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$1,279,000
-1.54%
MLS
10/08/2025
Price Reduced
$1,299,000
-3.71%
MLS
10/02/2025
Listed
$1,349,000
6.45%
MLS
5/28/2024
Sold
$1,267,300
—
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 #2118

Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,321
-9%
$1,172,823
-7%
2023
$24,628
—
$1,261,100
—
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 #2118

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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 Linart Realty, LLC

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398 NE 5th Street, Unit #2118, Miami, FL 33132 (MLS# RX-11128824) is a Condo / Townhouse property with 3 bedrooms and 3 full bathrooms. 398 NE 5th Street, Unit #2118 is currently listed for $1,279,000 and was received on October 02, 2025. Want to learn more about 398 NE 5th Street, Unit #2118? Do you have questions about finding other Condo / Townhouse 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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