Condo in 398 NE 5th St 2805 Miami for sale with MLS# A11788577
Discover the epitome of luxury and convenience with this stunning studio unit in the heart of downtown Miami. Spanning 496 sqft, this fully furnished studio is designed to impress, featuring a fully-equipped kitchen, a plush king-size bed, a pull-out couch, in-unit washer and dryer, and a large flat-screen TV. Floor-to-ceiling windows showcase breathtaking views of Biscayne Bay and the vibrant Miami skyline. Positioned in a prime location, you'll enjoy seamless access to world-class destinations such as the Kaseya Center, Brickell Financial District, and the Port of Miami. The property offers exceptional amenities, including a resort-style pool, a state-of-the-art two-story fitness center, valet parking, and much more. With high income potential and no rental restrictions.
398 NE 5th St 2805, Miami, FL 33132
Price
- Price:
- $525,000.00
- Previous Asking Price:
- $500,000.00
- Original List Price:
- $615,000.00
- More Listings Same Building:
- The Elser Miami in 398 5th St Miami
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A11788577
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 18, 2026 12:03 pm
Rooms Distribution
- Bathrooms Total:
- 1
- Full Bath:
- 1
Measures
- Living Area:
- 442 Sqft
- Built-Up Area:
- 442 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- View from the Property:
- Bay
- Waterfront:
- Yes
- Waterfront Features:
- Bay Front
- Swimming Pool Features:
- Association
- Security:
- Smoke Detector(s), Door Man, Elevator Secured, Lobby Secured, Closed Circuit Camera(s), Door Man
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range
- Interior:
- First Floor Entry, Bedroom On Main Level, Bar
- Exterior:
- Balcony
- Patio and Porch:
- Balcony, Open
- Windows:
- Impact Glass, Impact glass, Impact Glass
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Water Access Description:
- None
- Storm Protection:
- Impact Glass
Construction
- Year Built:
- 2022
- Year Built Details:
- Effective Year Built
- Architectural Style:
- High Rise, High Rise
- Entry Level (floor):
- 28
- Entry Level Location:
- 28
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 49
Taxes and Expenses
- Tax Annual Amount:
- $11,281.00
- Tax Year:
- 2024
- Association Fee:
- $494.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- Tax Reflects City & County Tax
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Attached Garage
- Parking Features:
- Garage, Attached, Assigned, Valet
Utilities
- Utilities Available:
- Cable Available
Community
- Pets Allowed?:
- Size Limit (There are size restrictions on allowed pets), Yes
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Spa/hot Tub, Trash, Other, Elevator(s), Fitness Center
- Subdivision Name:
- MAP OF MIAMI DADE CO. FL.
- Association Fee Includes:
- Sewer, Water, Trash, Cable Tv, Security, Maintenance Structure, Common Areas, Parking, Internet, Hot Water, Amenities, Pools
- Complex Name:
- The Elser
- Senior Community:
- No
- Restrictions:
- Daily Rentals Allowed, No RVs, No Restrictions, No Trucks, Okay to Lease During First Year of Ownership, Okay to Lease
Terms
- Disclosures:
- Owner Is Listing Agent
- Listing Terms Considered by Seller:
- Cash, Conventional, Assumable (The financing currently in place may be assumed), Lease with Buyer Option to Purchase Agreement
- Occupant Type:
- Call Agent
- Buyer Possession:
- Closing And Funding
- Lease Considered:
- Yes
- Lease Considered
Zoning and Legal
- Tax Legal Description:
- 398 NE 5TH STREET CONDO UNIT 2805 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
- Real Estate Folio Number (Parcel Number):
- 01-41-37-078-1510
Listing History
- Originally published on:
- April 23, 2025 8:45 am
- Active on the market since:
- April 23, 2025
- Price change occurred on:
- March 18, 2026 12:03 pm
- Listing Status Last Changed On:
- April 23, 2025 8:45 am
- Photos updated on:
- January 26, 2026 11:04 pm
- Last Modified:
- March 18, 2026 4:03 pm
Additional Information
- Unit View:
- Bay
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- High-Rise
- Type of Association:
- Condo
- Minimum Number of Days per Lease:
- 1
- Type of Governing Bodies of the Association:
- Condominium
- Pet Fee:
- $150.00
- Number of Times Leased per Year:
- 365
- Application Fee:
- $150.00
- Style:
- Condo 5+ Stories
- Municipal Code:
- 1
- Subdivision Number:
- 78
- Courtesy of:
- Cays LLC
- Attribution:
- Not provided
Location
- Street Name:
- 5th St
- Street Number:
- 398
- Unit Number:
- 2805
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 43.6''
- Longitude:
- W81° 48' 38.7''
- Street Direction Prefix:
- NE
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$109,505
Median Home Value
$545,100
Median Rent
$2,534/mo
Median Age
34
Population
18,244
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
50
Good
☀️ O3
50
Good
🫁 PM2.5
50
Good
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