Condo in 398 NE 5th Street 1902, Miami, FL 33132 for sale with MLS# A12086164
PRICED TO SELL - AND PRICED AGAINST CLOSED SALES, NOT ASKING PRICES. Residence 1902 at The Elser: a north-facing studio on the 19th floor, fully furnished and turnkey, furniture package conveys. 9'2" ceilings and floor-to-ceiling glass frame the Downtown skyline north toward Edgewater. Italkraft cabinetry, quartz countertops, stainless steel appliances, in-unit full-size washer/dryer, keyless entry and Ecobee smart thermostat. Daily short-term rentals or annual leases both permitted - and twelve months of operator statements are available to qualified buyers, so this residence is underwritten on documented revenue, occupancy and ADR rather than projections. Building amenities: 132-foot bayfront pool deck, two-story fitness center, two-level co-working Lab with reservable conference rooms, lobby bar and restaurant called ViseVersa, concierge and valet. HOA includes Wi-Fi and cable. Two blocks to Miami Worldcenter; walk to Kaseya Center, Brightline, Bayside and the Port of Miami.
398 NE 5th Street 1902, Miami, FL 33132
- Price:
- $489,000.00
- Original List Price:
- $495,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,137.2
- More Listings Same Building:
- The Elser Miami in 398 5th St Miami
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- September 11, 2026 11:20 pm
- Other Special Conditions:
- Sold As-is
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Master Bdrm - Ground
- Dining Area:
- Dining/Living Room
- Living Area:
- 430 Sqft
- Built-Up Area:
- 430 Sqft
- View from the Property:
- Bay, Other
- Waterfront:
- Yes
- Waterfront Features:
- None, Bayfront
- Security:
- Key Card Entry, Security System
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Oven
- Air Conditioning
- Air Conditioning System:
- Central Air
- Unit Description:
- High Rise
- Storm Protection Impact Glass:
- Partial
- Year Built:
- 2022
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Block
- Flooring:
- Other
- Number of stories:
- 49
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Year:
- 2025
- Association Fee:
- $6,000.00
- Association Fee Frequency:
- Annually
- Property Tax Details:
- City/County
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 12
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Sauna, Spa/hot Tub, Other, Maintenance, Elevator(s), Fitness Center
- Subdivision Name:
- The Elser Hotel Miami
- Senior Community:
- No
- Minimum Days per Lease:
- 30
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease During First Year, Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 398 NE 5TH STREET CONDO UNIT 1902 UNDIV 0.1089% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Real Estate Folio Number (Parcel Number):
- 0141370780400
- Elementary School:
- Mae M. Walters
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- September 9, 2026
- Listing Agreement executed on:
- September 9, 2026
- Price change occurred on:
- September 11, 2026 11:20 pm
- Listing Status Last Changed On:
- September 9, 2026 4:00 am
- Photos updated on:
- September 16, 2026 7:49 pm
- Last Modified:
- September 16, 2026 7:50 pm
- Courtesy of:
- Pink Miami Real Estate
- Attribution:
- Not provided
- Floor Number:
- 19
- Street Name:
- 5th
- Street Number:
- 398
- Unit Number:
- 1902
- 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

Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami