Condo in 398 NE 5th Street 1408, Miami, FL 33132 for sale with MLS# A11956263

Experience elevated luxury living in the heart of Downtown Miami. Offered fully furnished and move-in ready, this residence boasts stunning, unobstructed views of Biscayne Bay and the Miami skyline. The Elser uniquely allows flexible short-term rentals (daily) as well as annual leases, creating an exceptional opportunity. Interior features include sleek modern finishes, a fully equipped kitchen, king-size bed plus sofa sleeper, in-unit washer/dryer, and smart home technology. Ideally located just steps from the Port of Miami, Kaseya Center, Miami Worldcenter, and Brightline. Enjoy resort-style amenities such as the signature rooftop pool deck, two-story fitness center, and co-working lounge. HOA fees include Wi-Fi and cable.

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398 NE 5th Street 1408, Miami, FL 33132

Price
Price:
$620,000.00
Original List Price:
$620,000.00
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
February 1, 2026 1:10 am
Other Special Conditions:
Sold As-is, Foreign Seller
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
430 Sqft
Built-Up Area:
430 Sqft
Property Features
View from the Property:
Ocean, Bay, Direct Ocean
Waterfront:
No
Security:
Smoke Detector(s), Key Card Entry, Security System, Fire Alarm
Appliances:
Dryer, Dishwasher, Refrigerator, Washer
Interior:
Elevator
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Unit Description:
Studio
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2022
Architectural Style:
Other
Levels:
Two
Construction Materials:
Block
Flooring:
Parquet, Ceramic Tile
Number of stories:
49
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$10,456.00
Tax Year:
2025
Association Fee:
$661.00
Association Fee Frequency:
Quarterly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Valet
Community
Association
Application Information:
No Approvals
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):
Pool, Maintenance, Fitness Center
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Elevator
Senior Community:
No
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Conventional, Cryptocurrency, Seller Will Pay Closing Costs
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 1408 UNDIV 0.1089% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
0141370782390
Listing History
Active on the market since:
February 1, 2026
Listing Agreement executed on:
January 31, 2026
Listing Status Last Changed On:
February 1, 2026 1:10 am
Photos updated on:
February 2, 2026 6:00 am
Last Modified:
July 7, 2026 12:04 am
Additional Information
Courtesy of:
Lead Consulting Group LLC
Attribution:
Not provided
Location
Floor Number:
14
Street Name:
5th
Street Number:
398
Unit Number:
1408
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

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) 60 Moderate
☀️ O3 30 Good
🫁 PM2.5 60 Moderate

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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.