Condo in 398 NE 5th St 1905 Miami for sale with MLS# A11941693
THE BEST VALUED UNIT AT THE ELSER - PRICED TO SELL IMMEDIATELY! Experience the pinnacle of luxury in Downtown Miami. This is officially the lowest-priced unit in the entire building, offering an unbeatable entry point for investors or primary residents. Fully furnished and turnkey, this residence features breathtaking, unobstructed views of Biscayne Bay and the Miami skyline. The Elser stands alone with its flexible Short-Term Rental (Daily) or annual policy, making this a great opportunit. Interior highlights: Ultra-modern finishes, full kitchen, King bed + sofa sleeper, in-unit W/D, and smart home tech. Steps from the Port of Miami, Kaseya Center (Arena), Miami Worldcenter, and the Brightline. World-class amenities include the iconic rooftop pool deck, 2-story fitness center, and co-working lab. HOA includes Wi-Fi and Cable. Don't overpay-grab the best deal in the building today.
398 NE 5th St 1905, Miami, FL 33132
Price
- Price:
- $450,000.00
- Original List Price:
- $450,000.00
- 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, Listed As Is
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A11941693
- Description of Last Important Update:
- Pending (An offer has been accepted)
- Last Major Update on:
- February 26, 2026 3:43 pm
Rooms Distribution
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
Measures
- Living Area:
- 442 Sqft
- Built-Up Area:
- 442 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- View from the Property:
- City, Bay
- Waterfront:
- Yes
- Waterfront Features:
- Bay Front
- Swimming Pool Features:
- Association
- Security:
- Smoke Detector(s), Key Card Entry, Security Guard, Elevator Secured, Lobby Secured
- Furnished:
- Furnished
- Accessibility:
- Other, Accessibility Features
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Other, Trash Compactor, Ice Maker
- Interior:
- Bedroom On Main Level, Built-in Features, Bar, Other, Elevator, Handicap Access
- Exterior:
- Balcony
- Patio and Porch:
- Balcony, Open
- Windows:
- Impact Glass, Impact glass, Impact Glass
- Laundry:
- Washer Hookup, Dryer Hookup
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Water Access Description:
- None
Construction
- Year Built:
- 2022
- Year Built Details:
- Resale
- Architectural Style:
- High Rise, High Rise
- Entry Level (floor):
- 19
- Entry Level Location:
- 19
- Construction Materials:
- Block, Brick
- Flooring:
- Tile
- Number of stories:
- 49
Taxes and Expenses
- Tax Annual Amount:
- $10,609.00
- Tax Year:
- 2025
- Association Fee:
- $2,040.00
- Association Fee Frequency:
- Quarterly
- Property Tax Status:
- Tax Reflects City & County Tax
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- One Space
Utilities
- Utilities Available:
- Cable Available
Community
- Pets Allowed?:
- Yes, No Pet Restrictions
- Amenities Provided by the Homeowner's Association (HOA):
- Hobby Room, Pool, Sauna, Spa/hot Tub, Cabana, Trash, Clubhouse, Other, Barbecue, Elevator(s), Fitness Center, Picnic Area
- Subdivision Name:
- MAP OF MIAMI DADE CO. FL.
- Association Fee Includes:
- Maintenance Structure, Common Areas, Amenities
- Complex Name:
- The Elser Hotel & Residen
- Senior Community:
- No
- Development Status:
- New Construction
- Restrictions:
- Daily Rentals Allowed, Okay to Lease During First Year of Ownership, Other Restrictions, Okay to Lease
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Call Agent
- Buyer Possession:
- Close Of Escrow
- Lease Considered
Zoning and Legal
- Tax Legal Description:
- 398 NE 5TH STREET CONDO UNIT 1905 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
- Real Estate Folio Number (Parcel Number):
- 01-41-37-078-1420
Listing History
- Originally published on:
- January 9, 2026 5:13 pm
- Active on the market since:
- January 9, 2026
- Price change occurred on:
- January 8, 2026 2:24 pm
- Listing Status Last Changed On:
- February 26, 2026 3:43 pm
- Photos updated on:
- January 12, 2026 9:04 pm
- Last Modified:
- March 2, 2026 1:22 pm
Additional Information
- Unit View:
- Bay, Skyline View
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- High-Rise, Lobby
- Type of Association:
- Condo, Homeowners
- Minimum Number of Days per Lease:
- 1
- Type of Governing Bodies of the Association:
- Homeowner Association
- Pet Fee:
- $125.00
- Number of Times Leased per Year:
- 365
- Flood Zone:
- X
- Application Fee:
- $250.00
- Style:
- Condo 5+ Stories
- Municipal Code:
- 1
- Subdivision Number:
- 78
- Courtesy of:
- Coldwell Banker Realty
- Attribution:
- Not provided
Location
- Street Name:
- 5th St
- Street Number:
- 398
- Unit Number:
- 1905
- 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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