Condo in 398 NE 5th Street 3711, Miami, FL 33132 for sale with MLS# A12057376

Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.

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398 NE 5th Street 3711, Miami, FL 33132

Price
Price:
$1,379,000.00
Original List Price:
$1,520,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,685.81
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:
Price Reduced
Last Major Update on:
July 24, 2026 5:56 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Separate Shower, Master Bdrm - Ground, Other
Dining Area:
Dining/Living Room
Measures
Living Area:
818 Sqft
Built-Up Area:
818 Sqft
Property Features
View from the Property:
Bay, Skyline
Waterfront:
Yes
Waterfront Features:
Other, None, Bayfront
Swimming Pool Features:
Private
Security:
Key Card Entry, Security System, Elevator Secure
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater
Interior:
Closet Cabinetry, Elevator
Exterior:
Barbecue
Patio and Porch:
Deck
Windows:
Skylight(s), Skylight(s)
Green Energy Efficient:
Appliances, Hvac
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Unit Description:
Corner/end Unit, High Rise
Storm Protection Impact Glass:
Partial
Storm Protection Permanent Generator:
Whole House
Construction
Year Built:
2022
Levels:
Two
Construction Materials:
Block, Concrete Block - No Stucco
Flooring:
Tile
Number of stories:
49
Number of Units in the Community or Building:
646
Stories:
1
Flood Zone Code:
X
Property Condition:
Resale, New Construction
Taxes and Expenses
Tax Annual Amount:
$23,136.00
Tax Year:
2025
Association Fee:
$1,511.00
Association Fee Frequency:
Monthly
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Attached, Covered, Valet, Attached Garage
Utilities
Utilities Available:
Cable Available
Community
Association
Application Information:
Other Approvals
Association Type:
Homeowner Association, Condominium
Pets Allowed?:
Yes, No Restrictions
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Pool, Sauna, Spa/hot Tub, Trash Chute, Bar, Other, Maintenance, Elevator(s), Picnic Area, Parking, Lobby
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Water, Cable Tv, Maintenance Structure, Common Areas, Insurance, Internet, Elevator, Hvac Maintenance
Senior Community:
No
Restrictions:
Parking - No Rv
Minimum Days per Lease:
1
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
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 3711 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
0141370783640
Public Schools Assigned
Elementary School:
Dr. Edward L. Whigham
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
July 22, 2026
Listing Agreement executed on:
July 22, 2026
Price change occurred on:
July 24, 2026 5:56 pm
Listing Status Last Changed On:
July 22, 2026 4:00 am
Photos updated on:
July 28, 2026 4:05 pm
Last Modified:
July 28, 2026 4:06 pm
Additional Information
Courtesy of:
Xcellence
Attribution:
Not provided
Location
Floor Number:
37
Street Name:
5th
Street Number:
398
Unit Number:
3711
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
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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.