Property 398 NE 5th Street 2112, Miami, FL 33132 for sale with MLS# A12039725

Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don't miss out on this premier property in Miami's luxury market.

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398 NE 5th Street 2112, Miami, FL 33132

Price
Price:
$709,000.00
Original List Price:
$709,000.00
List Price per Sq Ft (Calculated, Approx.):
$2,079.17
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Description of Last Important Update:
New Listing
Last Major Update on:
June 18, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Separate Shower
Measures
Living Area:
341 Sqft
Built-Up Area:
341 Sqft
Property Features
View from the Property:
Bay
Waterfront:
No
Security:
Smoke Detector(s), Security System, Fire Alarm, Elevator Secure
Appliances:
Dryer, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
Exterior:
Barbecue, Balcony
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Unit Description:
High Rise, Studio
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2022
Levels:
Two
Entry Level (floor):
1
Construction Materials:
CBS
Flooring:
Ceramic Tile
Number of stories:
49
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$9,820.00
Tax Year:
2025
Association Fee:
$445.00
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:
3-4 Weeks Approval
Association Type:
Condominium
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Heated Pool, Pool, Bar, Maintenance, Elevator(s), Fitness Center, Lobby
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Common Areas, Elevator, Pool Service
Senior Community:
Yes
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 2112 UNDIV 0.0864% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
0141370783820
Public Schools Assigned
Elementary School:
Hollywood Central
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
June 18, 2026
Listing Agreement executed on:
June 18, 2026
Listing Status Last Changed On:
June 18, 2026 4:00 am
Photos updated on:
June 19, 2026 4:02 am
Last Modified:
July 6, 2026 4:03 pm
Additional Information
Courtesy of:
Damar Florida Real Estate
Attribution:
Not provided
Location
Floor Number:
21
Street Name:
5th
Street Number:
398
Unit Number:
2112
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.