Condo in 398 NE 5th St 2316 Miami for sale with MLS# A11877428

Fabulous Studio Hotel/Condo unit located in the heart of Downtown Miami. This unit features a full kitchen with all appliances, is completely furnished with modern furniture and flat screen TV. King size bed and pull out couch for extra room. Unbelievable East Miami Views of Miami Beach and Biscayne Bay. This Hotel Condo features a wrap around pool, two story gym, valet parking and so much more! Location offers easy access to Kaseya Center, Bayside Marketplace, All Major Roadways, Port of Miami, Public Parks and Public Transportation! Enjoy world-class amenities, stunning water vistas, and the flexibility of short or long-term rentals, an excellent investment opportunity with outstanding income potential. Don't miss it!

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398 NE 5th St 2316, Miami, FL 33132

Price
Price:
$475,000.00
Original List Price:
$475,000.00
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Contingency:
Pending Inspections
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11877428
Description of Last Important Update:
Back On Market
Last Major Update on:
April 17, 2026 11:18 am
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:
Bay
Waterfront:
No
Swimming Pool Features:
Association
Security:
Key Card Entry, Elevator Secured, Lobby Secured
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
Interior:
First Floor Entry, Bedroom On Main Level, Bar, Main Living Area Entry Level
Exterior:
Balcony, Other
Patio and Porch:
Balcony, Open
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Building:
Exterior Lighting
Construction
Year Built:
2022
Year Built Details:
Condo-hotel
Entry Level (floor):
23
Entry Level Location:
23
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
40
Taxes and Expenses
Tax Annual Amount:
$9,668.00
Tax Year:
2024
Association Fee:
$2,100.00
Association Fee Frequency:
Quarterly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
One Space
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Pool, Sauna, Spa/hot Tub, Elevator(s), Fitness Center
Subdivision Name:
THE ELSER
Association Fee Includes:
Maintenance Grounds, Cable Tv, Security, Maintenance Structure, Common Areas, Hot Water, Amenities, Pools
Complex Name:
THE ELSER
Senior Community:
No
Restrictions:
Corporate Buyer Allowed, Daily Rentals Allowed, Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Other
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 2316 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
01-41-37-078-5200
Listing History
Originally published on:
September 12, 2025 11:05 am
Active on the market since:
September 12, 2025
Price change occurred on:
September 12, 2025 11:04 am
Listing Status Last Changed On:
April 17, 2026 11:18 am
Photos updated on:
March 6, 2026 5:13 pm
Last Modified:
April 17, 2026 3:19 pm
Additional Information
Unit View:
Bay
Housing Older Persons Act:
No HOPA
Unit Design:
Lobby
Type of Association:
Condo
Minimum Number of Days per Lease:
365
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$0.00
Number of Times Leased per Year:
1
Flood Zone:
X
Application Fee:
$150.00
Style:
Condo-Hotel
Municipal Code:
1
Subdivision Number:
78
Courtesy of:
BHHS EWM Realty
Attribution:
Not provided
Location
Street Name:
5th St
Street Number:
398
Unit Number:
2316
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 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.