Condo in 398 NE 5th St 1601 Miami for sale with MLS# A11909504

Experience luxury in this stunning 3-bed, 3-bath residence at The Elser Hotel & Residences in Downtown Miami. Enjoy breathtaking views of Biscayne Bay and the city skyline from floor-to-ceiling windows and a private balcony. The open-concept layout features a gourmet kitchen with high-end finishes, smart keyless entry, and a 9'2" ceiling height. Perfect for investors, this fully furnished unit allows short-term rentals with no restrictions, or live year-round in style. The Elser offers resort-style amenities: a rooftop pool, fitness center, and 24/7 concierge. Steps from Bayfront Park, top dining, and entertainment, this residence delivers a vibrant, sophisticated lifestyle. Schedule a tour today to discover modern Miami living at its finest!

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Days on the market

398 NE 5th St 1601, Miami, FL 33132

Price
Price:
$1,399,999.00
Original List Price:
$1,399,999.00
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:
A11909504
Description of Last Important Update:
New Listing
Last Major Update on:
November 15, 2025 5:25 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
3
Full Bath:
3
Measures
Living Area:
1,150 Sqft
Built-Up Area:
1,150 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Bay
Waterfront:
Yes
Waterfront Features:
-Bay front
Swimming Pool Features:
Association
Security:
Key Card Entry, Lobby Secured
Appliances:
Dryer, Dishwasher, Microwave, Washer
Interior:
Closet Cabinetry, Fireplace, Bar, Elevator
Exterior:
Deck, Security/high Impact Doors, Fence, Barbecue, Balcony
Patio and Porch:
Deck, Balcony, Open
Fireplace
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Water Access Description:
None
Construction
Year Built:
2022
Year Built Details:
Resale
Entry Level (floor):
16
Entry Level Location:
16
Construction Materials:
Block
Flooring:
Tile
Number of stories:
42
Taxes and Expenses
Tax Annual Amount:
$23,550.00
Tax Year:
2025
Association Fee:
$1,666.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Community
Pets Allowed?:
Yes, No Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
Pool, Sauna, Spa/hot Tub, Bike Storage, Barbecue, Elevator(s), Fitness Center, Picnic Area
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Sewer, Water, Trash, Pool(s), Security, Insurance, Parking, Internet
Complex Name:
The Elser
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:
Vacant
Buyer Possession:
Closing & Funding, Close Of Escrow
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 1601 UNDIV 0.2912% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
01-41-37-078-0030
Listing History
Originally published on:
November 15, 2025 5:25 pm
Active on the market since:
November 6, 2025
Price change occurred on:
November 6, 2025 11:38 am
Listing Status Last Changed On:
November 15, 2025 5:25 pm
Photos updated on:
November 15, 2025 10:44 pm
Last Modified:
November 16, 2025 2:00 am
Additional Information
Unit View:
Bay
Housing Older Persons Act:
No HOPA
Unit Design:
Corner Unit
Type of Association:
Condo
Minimum Number of Days per Lease:
1
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$150.00
Number of Times Leased per Year:
365
Application Fee:
$150.00
Style:
Condo 5+ Stories
Municipal Code:
1
Subdivision Number:
78
Courtesy of:
EXP Realty LLC
Attribution:
Not provided
Location
Street Name:
5th St
Street Number:
398
Unit Number:
1601
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 44''
Longitude:
W81° 48' 39.4''
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.