Condo in 398 NE 5th Street 4412, Miami, FL 33132 for sale with MLS# A11995616

EXPERIENCE ELEVATED URBAN LIVING IN THE HEART OF DOWNTOWN MIAMI AT THE ELSER HOTEL RESIDENCES. THIS FULLY FURNISHED STUDIO SHOWCASES BREATHTAKING PANORAMIC VIEWS OF BISCAYNE BAY AND THE MIAMI SKYLINE FROM A HIGH-FLOOR VANTAGE POINT.DESIGNED FOR BOTH LIFESTYLE AND INVESTMENT, THIS CONDO-HOTEL UNIT OFFERS A SEAMLESS BLEND OF LUXURY, FLEXIBILITY, AND INCOME POTENTIAL. OWNERS BENEFIT FROM SHORT-TERM RENTAL PERMISSIONS, MAKING IT AN EXCEPTIONAL OPPORTUNITY FOR INVESTORS SEEKING STRONG RETURNS IN ONE OF MIAMI'S MOST DYNAMIC LOCATIONS.RESIDENTS AND GUESTS ENJOY RESORT-STYLE AMENITIES INCLUDING A HEATED POOL, BAR, VALET SERVICE, AND SECURED LOBBY, ALL WITHIN WALKING DISTANCE TO WORLD-CLASS DINING, ENTERTAINMENT, CULTURAL VENUES, AND WATERFRONT ATTRACTIONS.A RARE OPPORTUNITY TO OWN A TURNKEY PROPERTY IN A PRIME DOWNTOWN MIAMI LOCATION WITH UNMATCHED RENTAL VERSATILITY AND LIFESTYLE APPEAL.

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398 NE 5th Street 4412, Miami, FL 33132

Price
Price:
$517,000.00
Original List Price:
$517,000.00
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Short Sale
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
April 6, 2026 4:00 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:
Smoke Detector(s), Security System, Lobby - Attended, Elevator Secure
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Oven
Interior:
Elevator
Exterior:
Barbecue, Tennis Court(s), Courtyard
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Unit Description:
High Rise
Construction
Year Built:
2022
Levels:
Two
Construction Materials:
CBS
Flooring:
Ceramic Tile
Number of stories:
51
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$10,068.00
Tax Year:
2025
Association Fee:
$474.00
Association Fee Frequency:
Monthly
Property Tax Details:
New Construction
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Utilities
Electric:
Circuit Breakers
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):
Business Center, Heated Pool, Pool, Kitchen Facilities, Bar, Billiard Room, Cabana, Clubhouse, Playground, Maintenance, Elevator(s), Fitness Center, Picnic Area
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Sewer, Water, Trash, Security
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 4412 UNDIV 0.0864% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
0141370784050
Public Schools Assigned
Elementary School:
Park Lakes
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
Listing Status Last Changed On:
April 6, 2026 4:00 am
Photos updated on:
April 7, 2026 12:15 am
Last Modified:
July 6, 2026 11:02 pm
Additional Information
Courtesy of:
Miami Masterpiece
Attribution:
Not provided
Location
Floor Number:
44
Street Name:
5th
Street Number:
398
Unit Number:
4412
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) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 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.