Condo in 398 NE 5th Street 2805, Miami, FL 33132 for sale with MLS# A12103466

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami's most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

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398 NE 5th Street 2805, Miami, FL 33132

Price
Price:
$699,000.00
Original List Price:
$699,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,581.44
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:
October 5, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Other
Dining Area:
Eat-in Kitchen, Dining/Living Room, Breakfast Area
Measures
Living Area:
442 Sqft
Built-Up Area:
442 Sqft
Property Features
View from the Property:
Water, Other, Intracoastal, Skyline
Waterfront:
Yes
Waterfront Features:
Other, Bayfront, Intracoastal
Security:
Fire Alarm, Lobby - Attended, Elevator Secure, Grillwork
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Disposal
Interior:
Bar, Elevator
Exterior:
Other
Air Conditioning
Air Conditioning System:
Other
Heating
Heating System:
Electric, Other
Construction
Year Built:
2022
Architectural Style:
Other
Levels:
Two
Entry Level (floor):
1
Flooring:
Ceramic Tile
Number of stories:
49
Flood Zone Code:
X
Property Condition:
New Construction
Taxes and Expenses
Tax Annual Amount:
$10,703.00
Tax Year:
2025
Association Fee:
$680.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Community
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):
Business Center, Spa/hot Tub, Bar, Cabana, Maintenance, Elevator(s), Fitness Center
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Cable Tv, Elevator
Senior Community:
Yes
Restrictions:
Other Restrictions, See Remarks
Minimum Days per Lease:
1
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Other
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 2805 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
Real Estate Folio Number (Parcel Number):
0141370781510
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:
October 5, 2026
Listing Agreement executed on:
October 5, 2026
Listing Status Last Changed On:
October 5, 2026 4:00 am
Photos updated on:
October 8, 2026 10:49 pm
Last Modified:
October 9, 2026 4:05 am
Additional Information
Courtesy of:
Cays LLC
Attribution:
Not provided
Location
Floor Number:
28
Street Name:
5th
Street Number:
398
Unit Number:
2805
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.