Condo in 398 NE 5th St 2602 Miami for sale with MLS# A11930233

Experience modern luxury in the heart of Downtown Miami at The Elser Hotel & Residences. This fully furnished 26th-floor studio offers breathtaking Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling windows, porcelain tile flooring, and a private balcony. Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Enjoy resort-style amenities with a 132-ft rooftop pool, fitness center, sky lounge, business center, and concierge services. Prime location near Bayside, Kaseya Center, Metromover, dining, and entertainment. Investor-friendly building with short-term rentals/Airbnb allowed.

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Days on the market

398 NE 5th St 2602, Miami, FL 33132

Price
Price:
$620,000.00
Previous Asking Price:
$650,000.00
Original List Price:
$650,000.00
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:
Real Estate Owned (REO) Lender/Bank Owned
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11930233
Description of Last Important Update:
Price Change
Last Major Update on:
January 23, 2026 10:51 am
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
430 Sqft
Built-Up Area:
430 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Ocean, Water, City
Waterfront:
No
Swimming Pool Features:
Association
Security:
Door Man, Key Card Entry, Elevator Secured, Door Man
Appliances:
Dryer, Dishwasher, Refrigerator, Washer
Interior:
Built-in Features
Exterior:
Balcony
Patio and Porch:
Balcony, Open
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
2022
Year Built Details:
Effective Year Built
Architectural Style:
High Rise
Entry Level (floor):
26
Entry Level Location:
26
Construction Materials:
Block
Flooring:
Tile
Number of stories:
49
Taxes and Expenses
Tax Annual Amount:
$9,695.00
Tax Year:
2025
Association Fee:
$661.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects City & County Tax
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Valet
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Pool, Fitness Center
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Cable Tv, Common Areas, Hvac, Amenities
Complex Name:
THE ELSER
Senior Community:
No
Restrictions:
No Restrictions
Terms
Disclosures:
Owner Is Listing Agent, None
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Close Of Escrow
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 2602 UNDIV 0.1089% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
01-41-37-078-0470
Listing History
Originally published on:
December 13, 2025 11:41 am
Active on the market since:
December 13, 2025
Price change occurred on:
January 23, 2026 10:51 am
Listing Status Last Changed On:
December 13, 2025 11:41 am
Photos updated on:
December 13, 2025 5:24 pm
Last Modified:
January 23, 2026 3:51 pm
Additional Information
Unit View:
Ocean View, Skyline View, Water View
Housing Older Persons Act:
Unverified
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:
COSMORE Florida Corp.
Attribution:
Not provided
Location
Street Name:
5th St
Street Number:
398
Unit Number:
2602
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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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.