Condo in 398 NE 5th St 3901 Miami for sale with MLS# A11790416

An elegant, high-floor residence created for those who want to experience Miami with ease without the responsibilities of full-time ownership. Perfectly positioned in Downtown Miami, this turnkey unit functions as a refined pied-à-terre for buyers who value proximity to Brickell, Miami Beach, the Design District, and the airport, making arrivals and departures effortless. Whether used as a personal retreat or a flexible city base, the location offers unmatched connectivity to Miami's most vibrant neighborhoods. When not in residence, owners may participate in professionally managed short-term rental programs, allowing the property to generate income in a fully hands-off manner. This structure is ideal for buyers who prefer simplicity and professional oversight rather than day-to-day rental operations. This is not a traditional investment property, it is a lifestyle-driven asset designed for those seeking flexibility, convenience, and optional revenue without operational complexity. Vacant and available for private showings.

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398 NE 5th St 3901, Miami, FL 33132

Price
Price:
$1,099,000.00
Previous Asking Price:
$1,250,000.00
Original List Price:
$1,300,000.00
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11790416
Description of Last Important Update:
Price Change
Last Major Update on:
March 23, 2026 11:04 am
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
3
Full Bath:
3
Measures
Living Area:
1,150 Sqft
Built-Up Area:
1,150 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Water, City, Bay, Other
Waterfront:
No
Security:
Key Card Entry, Elevator Secured, Lobby Secured, Other
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Built In Oven
Interior:
First Floor Entry, Walk-In Closet(s), Closet Cabinetry, Bedroom On Main Level, Built-in Features, Bar, Main Living Area Entry Level, Living Dining Room
Exterior:
Balcony, Security High Impact Doors
Patio and Porch:
Balcony, Open
Windows:
Blinds, Impact Glass, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Construction
Year Built:
2022
Year Built Details:
Resale
Architectural Style:
High Rise, High Rise
Levels:
One
Entry Level (floor):
39
Entry Level Location:
39
Construction Materials:
Block
Flooring:
Tile
Number of stories:
47
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$22,418.00
Tax Year:
2025
Association Fee:
$1,769.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects City & County Tax
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Attached Garage
Parking Features:
One Space, Garage, Attached, Valet
Utilities
Utilities Available:
Cable Available
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Pool, Spa/hot Tub, Other, Barbecue, Fitness Center, Picnic Area
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Water, Trash, Cable Tv, Amenities
Complex Name:
THE ELSER
Senior Community:
No
Restrictions:
Daily Rentals Allowed, Okay to Lease, See Remarks
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 3901 UNDIV 0.2912% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
01-41-37-078-0260
Listing History
Originally published on:
April 24, 2025 5:22 pm
Active on the market since:
April 24, 2025
Listing Agreement executed on:
April 24, 2025
Price change occurred on:
March 23, 2026 11:04 am
Listing Status Last Changed On:
April 24, 2025 5:22 pm
Photos updated on:
April 24, 2025 9:30 pm
Last Modified:
April 13, 2026 9:35 pm
Additional Information
Unit View:
Bay, Other View, Skyline View, Water View
Housing Older Persons Act:
No HOPA
Unit Design:
Corner Unit, East Of Us1, High-Rise
Type of Association:
Condo
Minimum Number of Days per Lease:
1
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$0.00
Number of Times Leased per Year:
365
Application Fee:
$150.00
Rooms Description:
No Additional Rooms
Style:
Condo-Hotel
Municipal Code:
1
Subdivision Number:
78
Courtesy of:
RGI Realty
Attribution:
Not provided
Location
Street Name:
5th St
Street Number:
398
Unit Number:
3901
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 43.2''
Longitude:
W81° 48' 37.7''
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 45 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.