Condo in 398 NE 5th Street 1905, Miami, FL 33132 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.

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Days on the market

398 NE 5th Street 1905, Miami, FL 33132

Price
Price:
$450,000.00
Original List Price:
$450,000.00
Close Price:
$420,000.00
Transaction closed on:
April 20, 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 20, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Separate Shower, Bedroom On Entry Level
Dining Area:
Other
Measures
Living Area:
442 Sqft
Built-Up Area:
442 Sqft
Property Features
View from the Property:
Bay, Skyline
Waterfront:
Yes
Waterfront Features:
None, Bayfront
Swimming Pool Features:
Private
Security:
Smoke Detector(s), Key Card Entry, Security Guard, Security System, Elevator Secure
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Other, Trash Compactor, Ice Maker
Interior:
Built-in Features, Other, Elevator
Exterior:
Balcony
Laundry:
Washer Hookup, Dryer Hookup
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Other Equipment:
Other
Unit Description:
High Rise
Balcony Details:
Balcony - Open
Construction
Year Built:
2022
Levels:
Two
Construction Materials:
Block, Concrete Block - No Stucco
Flooring:
Tile
Number of stories:
49
Flood Zone Code:
X
Property Condition:
Resale, New Construction
Taxes and Expenses
Tax Annual Amount:
$10,609.00
Tax Year:
2025
Association Fee:
$2,040.00
Association Fee Frequency:
Quarterly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Utilities
Utilities Available:
Cable Available
Community
Association
Application Required
Application Fee:
$250.00
Application Information:
1-2 Weeks Approval
Association Type:
Homeowner Association, Condominium
Pets Allowed?:
Yes, No Restrictions
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Hobby Room, Pool, Sauna, Spa/hot Tub, Community Room, Trash Chute, Bar, Cabana, Clubhouse, Other, Maintenance, Elevator(s), Fitness Center, Picnic Area, Lobby
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Maintenance Structure, Common Areas, Elevator
Senior Community:
No
Restrictions:
Other Restrictions
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:
Close Of Escrow
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):
0141370781420
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:
January 9, 2026
Listing Agreement executed on:
January 9, 2026
Purchase Contract Date:
February 19, 2026
Listing Status Last Changed On:
April 20, 2026 4:00 am
Photos updated on:
April 29, 2026 6:49 pm
Last Modified:
August 24, 2026 6:05 am
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Location
Floor Number:
19
Street Name:
5th
Street Number:
398
Unit Number:
1905
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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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.