Condo in 398 NE 5th St 3714 Miami for sale with MLS# A11864160
Largest Bayfront 1-bedroom layout in the building (665 SF), a rare opportunity at The Elser Hotel & Residences.?The spacious layout and rare second full bathroom add rental flexibility compared to most 1-bedrooms in the building, making it suitable for both short-term and long-term rentals. Approved for daily rentals with flexible management. Priced significantly below recent '14 line sales and current inventory, presenting a strong value opportunity for buyers looking to scale, flexibility, and long-term upside. Enjoy stunning bay views and full access to resort-style amenities including rooftop pool with restaurant & bar, hot tub, 2-story fitness center, business center, and ViceVersa, the award-winning lobby bar & restaurant. Located in the heart of Downtown Miami, steps from Kaseya Center, Port of Miami, and top dining, arts, and nightlife. Positioned within a multi-billion dollar transformation of Downtown Miami, supporting long-term growth and demand.
398 NE 5th St 3714, Miami, FL 33132
Price
- Price:
- $695,000.00
- Previous Asking Price:
- $745,000.00
- Original List Price:
- $745,000.00
- 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:
- A11864160
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- April 10, 2026 2:39 pm
Rooms Distribution
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 2
Measures
- Living Area:
- 665 Sqft
- Built-Up Area:
- 665 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- View from the Property:
- Ocean, Bay
- Waterfront:
- Yes
- Waterfront Features:
- Ocean Front, Bay Front
- Swimming Pool Features:
- Heated, Association
- Security:
- Smoke Detector(s), Fire Sprinkler System, Door Man, Elevator Secured, Secured Garage/Parking, Door Man
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Self Cleaning Oven, Electric Range, Electric Water Heater, Ice Maker
- Interior:
- First Floor Entry, Closet Cabinetry, Bedroom On Main Level, Built-in Features, Bar, Main Living Area Entry Level, Living Dining Room
- Exterior:
- Balcony, Patio, Security High Impact Doors
- Patio and Porch:
- Patio, Balcony, Open
- Windows:
- Blinds, Impact Glass, Impact glass, Impact Glass
- Green Energy Efficient:
- Appliances, Hvac, Windows, Doors, Insulation, Lighting
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Water Access Description:
- None
- Storm Protection:
- Impact Glass, Impact-Resistant Doors
Construction
- Year Built:
- 2022
- Year Built Details:
- Resale
- Architectural Style:
- High Rise, High Rise
- Levels:
- One
- Entry Level (floor):
- 37
- Entry Level Location:
- 37
- Construction Materials:
- Block
- Number of stories:
- 49
- Number of Units in the Community or Building:
- 646
- Stories:
- 1
Taxes and Expenses
- Tax Annual Amount:
- $16,309.00
- Tax Year:
- 2024
- Association Fee:
- $897.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- Tax Reflects No Exemptions
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- One Space
Utilities
- Utilities Available:
- Cable Available
Community
- Pets Allowed?:
- Yes, Conditional
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Spa/hot Tub, Barbecue, Elevator(s), Fitness Center, Picnic Area, Putting Greens
- Subdivision Name:
- MAP OF MIAMI DADE CO. FL.
- Association Fee Includes:
- Roof, Sewer, Water, Trash, Cable Tv, Maintenance Structure, Common Areas, Parking, Internet, Hot Water, Amenities, Pools
- Complex Name:
- The Elser
- Senior Community:
- No
- Restrictions:
- Daily Rentals Allowed
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Buyer Possession:
- Closing And Funding
Zoning and Legal
- Tax Legal Description:
- 398 NE 5TH STREET CONDO UNIT 3714 UNDIV 0.1684% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Real Estate Folio Number (Parcel Number):
- 01-41-37-078-4660
Listing History
- Originally published on:
- September 1, 2025 7:50 am
- Active on the market since:
- September 1, 2025
- Price change occurred on:
- April 10, 2026 2:39 pm
- Listing Status Last Changed On:
- September 1, 2025 7:50 am
- Photos updated on:
- March 5, 2026 9:00 pm
- Last Modified:
- April 10, 2026 6:40 pm
Additional Information
- Unit View:
- Bay, Ocean View, Direct Ocean
- 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:
- $0.00
- Number of Times Leased per Year:
- 365
- Flood Zone:
- X
- Application Fee:
- $150.00
- Style:
- Condo-Hotel
- Municipal Code:
- 1
- Subdivision Number:
- 78
- Courtesy of:
- Rivó Real Estate
- Attribution:
- Not provided
Location
- Street Name:
- 5th St
- Street Number:
- 398
- Unit Number:
- 3714
- 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)
35
Good
☀️ O3
30
Good
🫁 PM2.5
35
Good
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