Condo in 398 NE 5th Street 4516, Miami, FL 33132 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 Street 4516, Miami, FL 33132

Price
Price:
$459,000.00
Original List Price:
$490,000.00
Close Price:
$410,000.00
Transaction closed on:
April 10, 2026
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
Sold
Status:
Closed
Special Sale Conditions:
Real Estate Owned (REO) Lender/Bank Owned
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
April 10, 2026 4:00 am
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
None, Other
Dining Area:
Other
Measures
Living Area:
362 Sqft
Built-Up Area:
362 Sqft
Property Features
View from the Property:
Bay
Waterfront:
No
Security:
Security System, Lobby - Attended, Elevator Secure
Accessibility:
Accessible Entrance
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer
Exterior:
Lighting, Other
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Horse Amenities:
Riding Trail
Unit Description:
High Rise, Interior Hallway
Construction
Year Built:
2022
Levels:
Two
Construction Materials:
CBS
Flooring:
Other
Number of stories:
50
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$10,327.00
Tax Year:
2023
Association Fee:
$1,670.00
Association Fee Frequency:
Quarterly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Utilities
Electric:
Circuit Breakers
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Pool, Spa/hot Tub, Trash Chute, Maintenance, Fitness Center, Lobby
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Senior Community:
No
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease During First Year, Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
0141370785420
Public Schools Assigned
Elementary School:
Meadow Park
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
November 5, 2025
Listing Agreement executed on:
November 5, 2025
Purchase Contract Date:
March 26, 2026
Price change occurred on:
January 12, 2026 8:59 pm
Listing Status Last Changed On:
April 10, 2026 4:00 am
Photos updated on:
May 14, 2026 6:27 pm
Last Modified:
August 24, 2026 8:05 am
Additional Information
Courtesy of:
Florida One Realty
Attribution:
Not provided
Location
Floor Number:
45
Street Name:
5th
Street Number:
398
Unit Number:
4516
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 44''
Longitude:
W81° 48' 38.5''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

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Want to schedule an in-person or virtual tour? Have questions?
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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 35 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. Properties may be listed or sold by various participants in the MLS.