Condo in 398 NE 5 4416 Miami for sale with MLS# A11863322

A rare blend where luxury meets investment potential for exceptional ROI in Downtown Miami. Experience modern elegance in this turnkey, fully furnished, high-floor designer studio with cinematic Biscayne Bay and Downtown skyline views. Floor-to-ceiling glass frames a sleek open layout with king bed, sofa bed, full kitchen, washer/dryer, curated finishes, and secure keyless entry. Command resort-caliber amenities: rooftop pool with bar and restaurant, two-story fitness center, jacuzzi, 24/7 concierge, Beach Club access, and valet. Steps to Kaseya Center, Bayside, Brightline, dining, and shopping. Flexible ownership allows for personal enjoyment or lucrative short-term rentals in a high-demand market. Seize this opportunity to own at The Elser.

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Days on the market

398 NE 5 4416, Miami, FL 33132

Price
Price:
$580,000.00
Original List Price:
$580,000.00
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:
A11863322
Description of Last Important Update:
New Listing
Last Major Update on:
August 25, 2025 9:15 pm
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
362 Sqft
Built-Up Area:
362 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Intercoastal, Ocean, Water, Bay
Waterfront:
Yes
Waterfront Features:
Ocean Front, Intracoastal Access, -Bay front
Swimming Pool Features:
Heated
Security:
Smoke Detector(s), Key Card Entry, Elevator Secured, Lobby Secured, Closed Circuit Camera(s)
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Self Cleaning Oven, Trash Compactor, Electric Water Heater, Ice Maker
Interior:
Bedroom On Main Level, Vaulted Ceiling(s), Entrance Foyer, Built-in Features, Bar, Elevator
Exterior:
Security/high Impact Doors, Balcony
Patio and Porch:
Balcony, Open
Windows:
Blinds, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Water Access Description:
None
Storm Protection:
Complete Impact Glass, Impact Glass
Construction
Year Built:
2022
Year Built Details:
Resale
Architectural Style:
High Rise
Entry Level (floor):
44
Entry Level Location:
44
Construction Materials:
Block
Flooring:
Tile
Number of stories:
47
Taxes and Expenses
Tax Annual Amount:
$10,297.00
Tax Year:
2024
Association Fee:
$500.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects City & County Tax
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Valet
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Pool, Sauna, Spa/hot Tub, Playground, Barbecue, Elevator(s), Fitness Center, Picnic Area
Subdivision Name:
The Elser
Association Fee Includes:
Sewer, Water, Trash, Pool(s), Security, Maintenance Structure, Amenities
Complex Name:
The Elser
Senior Community:
No
Restrictions:
No RVs, No Trucks, Okay to Lease During First Year of Ownership, Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Occupant Type:
Call Agent
Buyer Possession:
Close Of Escrow
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 4416 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
01-41-37-078-5410
Listing History
Originally published on:
August 25, 2025 9:15 pm
Active on the market since:
August 13, 2025
Price change occurred on:
August 21, 2025 3:56 pm
Listing Status Last Changed On:
August 25, 2025 9:15 pm
Photos updated on:
August 26, 2025 1:34 am
Last Modified:
October 16, 2025 12:13 am
Additional Information
Unit View:
Bay, Intracoastal View, Ocean View, Water View
Pet Fee Description:
Non-Refundable
Housing Older Persons Act:
No HOPA
Unit Design:
High-Rise
Type of Association:
Condo
Minimum Number of Days per Lease:
180
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$150.00
Number of Times Leased per Year:
2
Flood Zone:
X
Application Fee:
$150.00
Style:
Condo 5+ Stories
Municipal Code:
1
Subdivision Number:
78
Courtesy of:
Parsiani Real Estate
Attribution:
Not provided
Location
Street Name:
5
Street Number:
398
Unit Number:
4416
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 43.6''
Longitude:
W81° 48' 38.7''
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) 35 Good
☀️ O3 30 Good
🫁 PM2.5 35 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.