Condo in 398 NE 5th Street 4716, Miami, FL 33132 for sale with MLS# A11995606

Experience elevated living and exceptional investment potential at The Elser Miami, one of Downtown Miami's most sought-after luxury residences. This fully furnished studio showcases breathtaking views of Biscayne Bay and the Miami skyline, blending modern design with high-end finishes for a turnkey opportunity.Designed for both lifestyle and income, the building offers world-class amenities including resort-style pool, fitness center, spa, business lounge, and on-site dining-including a Michelin-starred culinary experience. Ideal for short-term rentals, with flexible leasing options maximizing income potential.Located in the heart of Downtown Miami, just steps from Bayside, world-class museums, entertainment, and minutes to Brickell, South Beach, and Key Biscayne. This is a rare opportunity to own in one of Miami's most dynamic and high-demand rental markets.Perfect for investors seeking strong returns or buyers looking for a luxury pied-à-terre in a prime waterfront location.

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398 NE 5th Street 4716, Miami, FL 33132

Price
Price:
$525,000.00
Original List Price:
$525,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,450.27
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 2:58 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
362 Sqft
Built-Up Area:
362 Sqft
Property Features
View from the Property:
Water, Bay, Intracoastal
Waterfront:
Yes
Waterfront Features:
None, Bayfront
Security:
Smoke Detector(s), Key Card Entry, Fire Alarm, Elevator Secure
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
Interior:
Elevator
Exterior:
Barbecue
Green Energy Efficient:
Appliances
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:
$10,550.00
Tax Year:
2025
Association Fee:
$474.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Utilities
Electric:
Circuit Breakers
Community
Association
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
360
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Heated Pool, Sauna, Community Room, Trash Chute, Bar, Cabana, Clubhouse, Playground, Maintenance, Elevator(s), Fitness Center, Picnic Area
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Water
Senior Community:
No
Restrictions:
Other Restrictions
Minimum Days per Lease:
1
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 4716 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
0141370785440
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 2:58 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:
4716
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.