398 NE 5th Street #2017, Miami, FL 33132
What's special
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.
- 263 days
- 173
- 10
Originating MLS: BeachesMLSTravel times
Family Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Maria Corina Martinez 954-224-9748,
Keller Williams Legacy
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater
- Laundry: Washer Dryer Install Allowed
Features
- Closet Cabinetry, Elevator, Family/Dining Room, Main Level Primary, Separate Shower, Bar
- Flooring: Ceramic Tile, Tile
- Windows: Drapes, Rods, Skylight(s)
- Furnished: Yes
Interior area
- Total interior livable area: 1,043 sqft
Video & virtual tour
Property
Parking
- Parking features: Valet
Features
- Stories: 11
- Patio & porch: Open, Balcony
- Exterior features: Balcony, Lighting, Outdoor Living Area, Other
- Pool features: Association
- Has view: Yes
- View description: Bay, Other, Pool
- Has water view: Yes
- Water view: Bay
Details
- Parcel number: 0141370785510
- Special conditions: Standard,Listed As-Is
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
Condition
- Resale
- New construction: No
- Year built: 2022
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Security System, Key Card Entry, Smoke Detector(s)
- Pet deposit fee: $500
- Subdivision: The Elser
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Fitness Center, Maintenance Grounds, Pool, Parking, Sauna, Spa/Hot Tub, Elevator(s)
- Services included: Common Areas, Insurance, Maintenance Structure, Pool(s), Recreation Facilities, Sewer, Trash, Water
- HOA fee: $1,500 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,045/sqft
- Tax assessed value: $1,043,413
- Annual tax amount: $26,000
- Date on market: 2/4/2026
- Cumulative days on market: 265 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2026 | Price change | $1,090,000-5.2%$1,045/sqft |
Source:  BeachesMLS #F10546420 Report a problem | ||
| 4/22/2026 | Price change | $1,150,000-4.2%$1,103/sqft |
Source: BeachesMLS #F10546420 Report a problem | ||
| 2/4/2026 | Listed for sale | $1,200,000$1,151/sqft |
Source: BeachesMLS #F10546420 Report a problem | ||
| 10/22/2025 | Listing removed | $1,200,000$1,151/sqft |
Source:  MIAMI #A11602699 Report a problem | ||
| 6/19/2025 | Price change | $1,200,000-11.1%$1,151/sqft |
Source: MIAMI #A11602699 Report a problem | ||
| 5/23/2025 | Listed for sale | $1,350,000-2.2%$1,294/sqft |
Source: MIAMI #A11602699 Report a problem | ||
| 9/26/2024 | Price change | $1,380,000-1.4%$1,323/sqft |
Source: MIAMI #A11602699 Report a problem | ||
| 7/31/2024 | Price change | $1,399,000-0.1%$1,341/sqft |
Source: MIAMI #A11602699 Report a problem | ||
| 7/30/2024 | Price change | $1,400,000-1.4%$1,342/sqft |
Source: MIAMI #A11602699 Report a problem | ||
| 6/7/2024 | Listed for sale | $1,420,000+3.2%$1,361/sqft |
Source: MIAMI #A11602699 Report a problem | ||
| 1/22/2024 | Sold | $1,376,500$1,320/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,262 -5.4% | $1,043,413 -7% |
| 2024 | $22,476 -7.4% | $1,121,950 -5% |
| 2023 | $24,277 | $1,181,000 |
Monthly payment
Estimated market value
$1,047,500
$995,000 - $1.10M
$6,424/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.