Condo in 398 NE 5th Street 4316, Miami, FL 33132 for sale with MLS# A12042862

Luxury & Investment Opportunity at The Elser!Experience the best of Miami living while maximizing your investment potential. This fully furnished luxury residence offers breathtaking views of Biscayne Bay and the Downtown Miami skyline, making it the perfect choice for personal enjoyment, a vacation home, or a high-income-producing asset.Designed with modern elegance, the unit features an open-concept layout, premium finishes, a king-size bed, sofa bed, fully equipped kitchen, in-unit washer and dryer, flat-screen TV, and secure keyless entry.Enjoy world-class amenities, including a spectacular rooftop pool with panoramic views, bar and restaurant service, a two-story fitness center, jacuzzi, 24/7 concierge, valet parking, and exclusive Beach Club access.Ideally located in the heart of Downtown Miami, just steps from Kaseya Center, Bayside Marketplace, Miami Worldcenter, Brightline Station, Brickell, top restaurants, shopping, nightlife, and major attractions.The Elser is one of Miami's most sought-after buildings for short-term rentals, offering exceptional flexibility and strong income potential in a high-demand market. Whether you're looking for a luxury lifestyle, a second home, or an investment with attractive ROI, this property checks every box.Don't miss this rare opportunity to own a premier residence in one of Miami's fastest-growing and most desirable locations!

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398 NE 5th Street 4316, Miami, FL 33132

Price
Price:
$699,900.00
Original List Price:
$699,900.00
List Price per Sq Ft (Calculated, Approx.):
$1,933.42
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
June 24, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Separate Shower, Bedroom On Entry Level
Dining Area:
Dining/Living Room
Measures
Living Area:
362 Sqft
Built-Up Area:
362 Sqft
Property Features
View from the Property:
Ocean, Water, Bay, Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Front, None, Bayfront, Intracoastal
Security:
Smoke Detector(s), Key Card Entry, Security System, Closed Circuit Camera(s), Fire Alarm, Elevator Secure
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Trash Compactor, Electric Water Heater, Ice Maker, Oven
Interior:
Closet Cabinetry, Vaulted Ceiling(s), Entrance Foyer, Built-in Features, Elevator
Exterior:
Balcony
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Unit Description:
Studio
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2022
Levels:
Two
Construction Materials:
Block, CBS
Flooring:
Vinyl
Number of stories:
49
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$10,267.00
Tax Year:
2024
Association Fee:
$500.00
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
Utilities Available:
Cable Available
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval, Association Approval Required
Association Type:
Homeowner Association
Pets Allowed?
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Heated Pool, Pool, Sauna, Spa/hot Tub, Bar, Playground, Maintenance, Elevator(s), Fitness Center, Picnic Area
Subdivision Name:
The Elser
Association Fee Includes:
Sewer, Water, Trash, Cable Tv, Security, Maintenance Structure, Common Areas, Insurance, Internet, Elevator, Reserve Funds, Pool Service
Senior Community:
No
Restrictions:
Parking - No Rv, Parking - No Truck, Parking - No Trailer, See Remarks
Minimum Days per Lease:
180
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease During First Year, Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 4316 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
0141370785400
Public Schools Assigned
Elementary School:
Frederick Douglass
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
June 24, 2026
Listing Agreement executed on:
June 24, 2026
Listing Status Last Changed On:
June 24, 2026 4:00 am
Photos updated on:
August 6, 2026 9:11 am
Last Modified:
August 6, 2026 9:17 am
Additional Information
Courtesy of:
Potential Property Group
Attribution:
Not provided
Location
Floor Number:
43
Street Name:
5th
Street Number:
398
Unit Number:
4316
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 35 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.