Condo in 398 NE 5th Street 4712, Miami, FL 33132 for sale with MLS# A11995568

Experience elevated luxury living at The Elser Hotel & Residences in Downtown Miami with this stunning high-floor studio on the 47th level, offering breathtaking panoramic views of the Miami skyline and Biscayne Bay. This fully furnished residence features high ceilings, floor-to-ceiling windows, and designer finishes throughout, creating a modern and sophisticated living experience.The sleek kitchen is equipped with premium cabinetry and top-of-the-line appliances, ideal for both everyday living and short-term rental income. Residents enjoy world-class amenities including resort-style pool, fitness center, concierge services, and an exclusive on-site Michelin-starred dining experience.Located in the heart of Downtown Miami, just minutes from Brickell City Centre, Bayside Marketplace, museums, parks, and major highways. Only a short drive to South Beach and Key Biscayne.Ideal for investors, this property allows daily rentals, making it a prime opportunity for Airbnb or short-term income in one of Miami's fastest-growing luxury markets.

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398 NE 5th Street 4712, Miami, FL 33132

Price
Price:
$521,000.00
Original List Price:
$521,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,527.85
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Special Sale Conditions:
Short Sale
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
October 7, 2026 2:59 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
341 Sqft
Built-Up Area:
341 Sqft
Property Features
View from the Property:
Water, Bay, Intracoastal
Waterfront:
Yes
Waterfront Features:
None, Bayfront
Security:
Key Card Entry, Security System, Elevator Secure
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Oven
Exterior:
Barbecue
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Unit Description:
High Rise
Construction
Year Built:
2022
Levels:
Two
Entry Level (floor):
1
Construction Materials:
CBS
Flooring:
Ceramic Tile
Number of stories:
51
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$10,420.00
Tax Year:
2025
Association Fee:
$440.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Bar, Maintenance
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Senior Community:
No
Restrictions:
Other Restrictions
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 4712 UNDIV 0.0864% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
0141370784080
Public Schools Assigned
Elementary School:
Key Biscayne K-8
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
April 6, 2026
Listing Agreement executed on:
April 6, 2026
Purchase Contract Date:
October 4, 2026
Listing Status Last Changed On:
October 7, 2026 2:59 am
Photos updated on:
October 7, 2026 3:02 am
Last Modified:
October 31, 2026 12:48 pm
Additional Information
Courtesy of:
Miami Masterpiece
Attribution:
Not provided
Location
Floor Number:
47
Street Name:
5th
Street Number:
398
Unit Number:
4712
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
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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.