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Under contract
    • $1,099,000

    398 NE 5th St #1809, Miami, FL 33132

    3beds
    976sqft
    : 
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    Condominium
    Built in 2022
    -- sqft lot
    $1,076,900 Zestimate®
    $1,126/sqft
    $1,501/mo HOA

    What's special

    Wraparound balconyQuartz countersPorcelain wood-style tileOutdoor theater lawnStainless steel appliances
    INVESTOR OPPORTUNITY: Priced nearly 40% below the last sale! Fully furnished 3BD/3BA at The Elser Hotel & Residences with NO RENTAL RESTRICTIONS: Airbnb, short-term, and daily rentals all permitted. Enjoy stunning Downtown views from the wraparound balcony. Features 9+ ft ceilings, porcelain wood-style tile, sleek kitchen w/ Italkraft cabinetry, quartz counters, & stainless steel appliances. Exceptional amenities: cocktail bar by Jaguar Sun, Café Domino coffee lounge, 132-ft pool w/ private cabanas, outdoor theater lawn, LED movie wall, two-story wellness center w/ yoga deck + spa, co-working spaces, & sky lounge. Prime location steps from Bayfront Park, world-class dining, museums, Kaseya Center, Wynwood, & more. Schedule your tour today!
    92 days
    |
    13
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Sepehr Niakan 305-725-0566,

    Blackbook Properties

    Source: MIAMI,MLS#: A12004294MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Other, Electric Range, Refrigerator, Self Cleaning Oven, Washer
      Features
      • Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
      • Flooring: Tile, Wood
      • Windows: Complete Impact Glass, Blinds, Impact Glass
      Interior area
      • Total structure area: 976
      • Total interior livable area: 976 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space, Valet
      • Garage spaces: 1
      Features
      • Entry location: Foyer
      • Exterior features: Balcony
      • Pool features: Association
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Intracoastal View, Ocean, Skyline, Water
      • Has water view: Yes
      • Water view: Bay,Intracoastal View,Ocean,Water
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Details
      • Parcel number: 0141370782770
      • Special conditions: Short Sale
      • Other equipment: Other

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • CBS Construction
      Condition
      • Year built: 2022

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Smoke Detector, Elevator Secure, Card Entry, Secured Garage/Parking, No Burglar Alarm
      • Application fee: $150
      • Pet fee: $0
      • Subdivision: The Elser
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Barbecue, Billiard Room, Business Center, Fitness Center, Other, Pool, Sauna, Spa/Hot Tub
      • HOA fee: $1,501 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,126/sqft
      • Tax assessed value: $1,298,080
      • Annual tax amount: $26,452
      • Date on market: 4/20/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $1,076,900

        $1.02M - $1.13M

        $6,160/mo

        Price history

        DateEventPrice
        5/4/2026Pending sale$1,099,000$1,126/sqft
        Source: MIAMI #A12004294 Report a problem
        4/20/2026Listed for sale$1,099,000-8.3%$1,126/sqft
        Source: MIAMI #A12004294 Report a problem
        4/20/2026Listing removed$1,199,000$1,228/sqft
        Source: MIAMI #A11815860 Report a problem
        3/13/2026Price change$1,199,000-14.4%$1,228/sqft
        Source: MIAMI #A11815860 Report a problem
        1/20/2026Price change$1,400,000-6.7%$1,434/sqft
        Source: MIAMI #A11815860 Report a problem
        10/16/2025Price change$1,500,000-1.6%$1,537/sqft
        Source: MIAMI #A11815860 Report a problem
        9/29/2025Price change$1,525,000-1.6%$1,563/sqft
        Source: MIAMI #A11815860 Report a problem
        9/11/2025Price change$1,550,000-1.6%$1,588/sqft
        Source: MIAMI #A11815860 Report a problem
        8/29/2025Price change$1,575,000-1.6%$1,614/sqft
        Source: MIAMI #A11815860 Report a problem
        7/17/2025Price change$1,600,000-3%$1,639/sqft
        Source: MIAMI #A11815860 Report a problem
        7/7/2025Price change$1,650,000-7.8%$1,691/sqft
        Source: MIAMI #A11815860 Report a problem
        6/12/2025Listed for sale$1,790,000+1.1%$1,834/sqft
        Source: MIAMI #A11815860 Report a problem
        9/10/2023Listing removed--
        Source: MIAMI #A11356598 Report a problem
        6/2/2023Price change$9,800-9.3%$10/sqft
        Source: MIAMI #A11356598 Report a problem
        5/8/2023Price change$10,800-6.1%$11/sqft
        Source: MIAMI #A11356598 Report a problem
        4/25/2023Price change$11,500-4.2%$12/sqft
        Source: MIAMI #A11356598 Report a problem
        3/28/2023Price change$12,000-14.3%$12/sqft
        Source: MIAMI #A11356598 Report a problem
        3/15/2023Listed for rent$14,000$14/sqft
        Source: MIAMI #A11356598 Report a problem
        3/2/2023Sold$1,770,800$1,814/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$26,452 -3.4%$1,298,080 -5%
        2024$27,373 -2.5%$1,366,400
        2023$28,088 $1,366,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        96 / 100
        Walker's Paradise
        99 / 100
        Rider's Paradise
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Douglass; Frederick
        • Middle: de Diego; Jose
        • High: Washington; Brooker T

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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