Condo in 398 NE 5th St 1809 Miami for sale with MLS# A12004294
INVESTOR OPPORTUNITY: Priced nearly 40% below the last sale! Fully furnished 3BD/3BA at The Elser Hotel & Residences with NO RENTAL RESTRICTIONS: Airbnb, short-term, and daily rentals all permitted. Enjoy stunning Downtown views from the wraparound balcony. Features 9+ ft ceilings, porcelain wood-style tile, sleek kitchen w/ Italkraft cabinetry, quartz counters, & stainless steel appliances. Exceptional amenities: cocktail bar by Jaguar Sun, Café Domino coffee lounge, 132-ft pool w/ private cabanas, outdoor theater lawn, LED movie wall, two-story wellness center w/ yoga deck + spa, co-working spaces, & sky lounge. Prime location steps from Bayfront Park, world-class dining, museums, Kaseya Center, Wynwood, & more. Schedule your tour today!
398 NE 5th St 1809, Miami, FL 33132
Price
- Price:
- $1,099,000.00
- Original List Price:
- $1,099,000.00
- 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:
- Listed As Is, Short Sale
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A12004294
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 20, 2026 3:11 pm
Rooms Distribution
- Bedrooms:
- 3
- Bathrooms Total:
- 3
- Full Bath:
- 3
Measures
- Living Area:
- 976 Sqft
- Built-Up Area:
- 976 Sqft
- Lot Size Unit:
- Square Feet
Property Features
- View from the Property:
- Intercoastal, Ocean, Water, City, Bay
- Waterfront:
- Yes
- Waterfront Features:
- Bay Front
- Swimming Pool Features:
- Association
- Security:
- Smoke Detector(s), Fire Sprinkler System, Key Card Entry, Elevator Secured, Secured Garage/Parking
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Self Cleaning Oven, Other, Electric Range
- Interior:
- Breakfast Bar, Eat-in Kitchen, Walk-In Closet(s), Closet Cabinetry, Bedroom On Main Level, Entrance Foyer, Bar, Other, Family Dining Room
- Exterior:
- Balcony
- Patio and Porch:
- Balcony, Open
- Windows:
- Blinds, Impact Glass, Impact glass, Impact Glass
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Water Access Description:
- Other
- Storm Protection:
- Complete Impact Glass
Construction
- Year Built:
- 2022
- Year Built Details:
- Effective Year Built
- Architectural Style:
- High Rise, High Rise
- Entry Level (floor):
- 18
- Entry Level Location:
- 18
- Construction Materials:
- Block
- Flooring:
- Tile, Wood, Hardwood
- Number of stories:
- 47
Taxes and Expenses
- Tax Annual Amount:
- $26,452.00
- Tax Year:
- 2025
- Association Fee:
- $1,501.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- Tax Reflects No Exemptions
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- One Space, Valet
Community
- Pets Allowed?:
- Yes, Conditional
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Sauna, Spa/hot Tub, Billiard Room, Other, Barbecue, Fitness Center, Picnic Area
- Subdivision Name:
- The Elser
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Security, Maintenance Structure, Common Areas, Association Management, Parking, Electricity, Amenities, Pools
- Complex Name:
- The Elser Residences
- Senior Community:
- No
- Restrictions:
- Corporate Buyer Allowed, Daily Rentals Allowed, Exterior Alterations, Okay to Lease
Terms
- Documents Available:
- Short Sale Addendum
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Vacant
- Buyer Possession:
- Closing And Funding
Zoning and Legal
- Tax Legal Description:
- 398 NE 5TH STREET CONDO UNIT 1809 UNDIV 0.2472% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Real Estate Folio Number (Parcel Number):
- 01-41-37-078-2770
Public Schools Assigned
- Elementary School:
- Douglass; Frederick
- High School:
- Washington; Brooker T
- Middle Or Junior School:
- De Diego; Jose
Listing History
- Originally published on:
- April 20, 2026 3:11 pm
- Active on the market since:
- April 20, 2026
- Price change occurred on:
- April 20, 2026 1:31 pm
- Listing Status Last Changed On:
- April 20, 2026 3:11 pm
- Photos updated on:
- April 20, 2026 7:39 pm
- Last Modified:
- April 20, 2026 7:39 pm
Additional Information
- Unit View:
- Bay, Intracoastal View, Ocean View, Direct Ocean, Skyline View, Water View
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- High-Rise
- Type of Association:
- Condo
- Minimum Number of Days per Lease:
- 1
- Type of Governing Bodies of the Association:
- Condominium
- Pet Fee:
- $0.00
- Number of Times Leased per Year:
- 365
- Application Fee:
- $150.00
- Rooms Description:
- No Additional Rooms
- Style:
- Condo 5+ Stories
- Municipal Code:
- 1
- Subdivision Number:
- 78
- Courtesy of:
- Blackbook Properties
- Attribution:
- Not provided
Location
- Street Name:
- 5th St
- Street Number:
- 398
- Unit Number:
- 1809
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 43.6''
- Longitude:
- W81° 48' 38.7''
- 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)
50
Good
☀️ O3
45
Good
🫁 PM2.5
50
Good
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