Condo in 398 NE 5th Street 1809, Miami, FL 33132 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!

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Days on the market

398 NE 5th Street 1809, Miami, FL 33132

Price
Price:
$1,099,000.00
Original List Price:
$1,099,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,126.02
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Special Sale Conditions:
Short Sale
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
May 4, 2026 7:58 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
3
Full Bath:
3
Master Bedroom Bath:
Separate Shower, Bedroom On Entry Level, Other
Dining Area:
Snack Bar/counter, Eat-in Kitchen, Family/Dining Combination
Measures
Living Area:
976 Sqft
Built-Up Area:
976 Sqft
Property Features
View from the Property:
Ocean, Water, Bay, Intracoastal, Direct Ocean, Skyline
Waterfront:
Yes
Waterfront Features:
Other, Bayfront
Security:
Smoke Detector(s), Fire Sprinkler System, Key Card Entry, Security System, Secured Garage/Parking, Elevator Secure
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Other, Electric Range, Oven
Interior:
Walk-In Closet(s), Closet Cabinetry, Entrance Foyer
Exterior:
Balcony
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Other Equipment:
Other
Unit Description:
High Rise
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2022
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile, Wood
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 Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
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):
Business Center, Pool, Sauna, Spa/hot Tub, Bar, Billiard Room, Other, Management, Maintenance, Fitness Center, Picnic Area, Parking
Subdivision Name:
The Elser
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Security, Maintenance Structure, Common Areas, Pool Service
Senior Community:
No
Restrictions:
Other Restrictions
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
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):
0141370782770
Public Schools Assigned
Elementary School:
James H. Bright / J.w. Johnson
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
April 20, 2026
Listing Agreement executed on:
April 20, 2026
Purchase Contract Date:
May 3, 2026
Listing Status Last Changed On:
May 4, 2026 7:58 pm
Photos updated on:
June 26, 2026 1:07 pm
Last Modified:
July 6, 2026 10:04 pm
Additional Information
Courtesy of:
Blackbook Properties
Attribution:
Not provided
Location
Floor Number:
18
Street Name:
5th
Street Number:
398
Unit Number:
1809
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.