Condo in 398 NE 5th St 4516 Miami for sale with MLS# A11908924

Opportunity knocks - come see this beautiful high-floor unit at the brand-new Elser Hotel & Residences. Located in front of Bayside w/sweeping views of Biscayne Bay, Downtown Miami and the City skyline, fully furnished and the spacious layout features a king size bed and pull-out sofa, full kitchen, washer, dryer and flat screen TV. Unit is currently enrolled in the hotel program. This is your chance to use this unit part of the year and earn income when it is rented. The building features resort-style amenities - a roof top pool and bar, extensive gym, jacuzzi, 24-7 concierge, Beach Club access and valet parking. This tremendous location is close to the Kaseya Center, Port of Miami and public transportation. Don't miss your chance to own at Elser! Please see the virtual tour link.

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Days on the market

398 NE 5th St 4516, Miami, FL 33132

Price
Price:
$459,000.00
Previous Asking Price:
$490,000.00
Original List Price:
$490,000.00
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contingency:
3rd Party Approval
Special Sale Conditions:
Real Estate Owned (REO) Lender/Bank Owned, In Foreclosure
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11908924
Description of Last Important Update:
Pending (An offer has been accepted)
Last Major Update on:
March 26, 2026 11:11 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:
Door Man, Elevator Secured, Lobby Secured, Door Man
Accessibility:
Accessible Entrance
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Interior:
Other
Exterior:
Other
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Building:
Exterior Lighting
Horse Amenities:
Riding Trail
Construction
Year Built:
2022
Year Built Details:
Resale
Architectural Style:
High Rise, High Rise
Entry Level (floor):
45
Entry Level Location:
45
Construction Materials:
Block
Flooring:
Other
Number of stories:
50
Taxes and Expenses
Tax Annual Amount:
$10,327.00
Tax Year:
2023
Association Fee:
$1,670.00
Association Fee Frequency:
Quarterly
Property Tax Status:
Tax Reflects Homestead Exemption, Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
One Space
Community
Amenities Provided by the Homeowner's Association (HOA):
Pool, Spa/hot Tub, Trash, Fitness Center
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Amenities
Complex Name:
Elser Hotel & Residences
Senior Community:
No
Restrictions:
Daily Rentals Allowed, Okay to Lease During First Year of Ownership, Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 4516 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
01-41-37-078-5420
Listing History
Originally published on:
November 13, 2025 10:28 am
Active on the market since:
November 5, 2025
Price change occurred on:
January 12, 2026 2:59 pm
Listing Status Last Changed On:
March 26, 2026 11:11 am
Photos updated on:
November 13, 2025 3:45 pm
Last Modified:
March 26, 2026 3:11 pm
Additional Information
Unit View:
Bay
Housing Older Persons Act:
No HOPA
Unit Design:
High-Rise, Interior Hall, Lobby
Type of Association:
Condo
Minimum Number of Days per Lease:
1
Type of Governing Bodies of the Association:
Condominium
Number of Times Leased per Year:
365
Flood Zone:
X
Application Fee:
$150.00
Rooms Description:
No Additional Rooms
Style:
Condo-Hotel
Municipal Code:
1
Subdivision Number:
78
Courtesy of:
Florida One Realty
Attribution:
Not provided
Location
Street Name:
5th St
Street Number:
398
Unit Number:
4516
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.