Condominium

398 NE 5th Street # 2017

398 NE 5th Street # 2017, Miami FL 33132 Get directions

$1,090,000

For Sale 3D Tour
Price cut: $60,000 (−5.2%)

2 Beds · 3 Baths · 1,043 SqFt

See estimated monthly cost

This listing is courtesy of Keller Williams Legacy. Maria Corina Martinez

Overview

Turn-key, fully furnished unit @ The Elser. Located in the heart of Downtown Miami. Enjoy stunning 180-degree views from sunrise to sunset, with Biscayne Bay and vibrant city views as your backdrop. 2 Bedroom + Open Den with 3 full baths. Flexible use allows personal enjoyment, full-time living, or income-producing short-term rentals via hotel program or approved platforms. High-end design features a modern kitchen, washer & dryer, and private balcony. Hotel amenities include a wrap-around bayfront pool & bar, two-story fitness center, spa, business center, valet, concierge, and South Beach beach club service. Steps from Bayside Marketplace, Kaseya Center, Brightline, theraters, Brickell & minutes to Port of Miami & Wynwood. Live, rent, or both—luxury lifestyle and investment in one.

Facts & features

Interior

Living area (sq ft)
1,043
Full bathrooms
3
Furnished
Furnished,Furniture Only
  • Lobby
  • Closet Cabinetry
  • Elevator
  • Skylight

Building & exterior

Year built
2022
Pool
Yes
  • Bay
  • Other
  • Pool
  • Other View
  • Pool Area View
  • Bay View
  • Other Water View
  • Exterior Lights
  • Open Balcony
  • Valet

HOA (homeowners association)

Association fee
$1,500 per month
  • Bar
  • Gated
  • Community Pool
  • Elevator(s)
  • Exercise Room
  • Maintained Community
  • Pool
  • Private Beach Pavilion
  • Private Pool
  • Sauna
  • Spa/Hot Tub
  • Other Restrictions
  • Yes

Taxes

Annual tax
$26,000
Tax year
2025
Parcel number
01-41-37-078-5510

Listing

MLS number
F10546420
Property type
Condominium
Price per SqFt
$1,045
Subdivision
The Elser,THE ELSER
On market since
Feb 3, 2026
Days on market
248

Price history

Date Event Price Change
Feb 3, 2026 Listed $1,200,000 —
Oct 10, 2026 Price change $1,090,000 −$60,000 (−5.2%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$9,996 per month

Principal & interest (30 yr)
$5,512
Property tax
$2,167
Insurance (estimated)
$818
Association fee
$1,500

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • New World School of the Arts Public · 9-12 · 0.31 mi
  • School For Advanced Studies Wolfson Public · 11-12 · 0.31 mi
  • Law Enforcement Officers Memorial Senior High Public · 9-12 · 0.58 mi
  • Downtown Miami Charter School Charter · K-6 · 0.65 mi
  • School Board Adm - Main Building Public · 0 · 0.71 mi
  • Anna Brenner Meyers Telecommunication Complex Public · 0 · 0.74 mi
  • K-12 Distance Learning Public · K-12 · 0.74 mi
  • iPrep Academy Public · PK-12 · 0.75 mi
  • Primary Learning Center Public · PK-4 · 0.75 mi
  • Miami-Dade Online Academy Public · K-12 · 0.75 mi
  • Key Point Academy Downtown Private · PK-12 · 0.76 mi
  • School Board Adm -Garage Public · 0 · 0.79 mi
  • The Learning World Academy in Downtown Private · PK-01 · 0.80 mi
  • KLA Schools of Brickell Private · NS-PK · 0.84 mi
  • RJW The Academy of Arts Sciences Private · KG-11 · 0.84 mi

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