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New construction
    • $1,379,000

    398 NE 5th St #3711, Miami, FL 33132

    2beds
    818sqft
    : 
    $10,570/mo
    Get pre-qualified
    Condominium
    Built in 2022
    -- sqft lot
    $-- Zestimate®
    $1,686/sqft
    $1,511/mo HOA

    What's special

    Wrap-around resort pool deckFloor-to-ceiling glassQuartz countertopsCorner oasisPrivate loungesBar restaurant terraceCustom italkraft cabinetry
    Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.
    7 days
    |
    78
    |
    1
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlo Ortiz 305-479-9251,

    Xcellence,

    Maria Sendrowski 786-282-3603,

    Xcellence

    Source: MIAMI,MLS#: A12057376MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
      Features
      • Lobby, Closet Cabinetry, Elevator
      • Flooring: Tile
      • Doors: High Impact Doors
      • Windows: Clear Impact Glass, Skylight(s)
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 818
      • Total interior livable area: 818 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Covered, Valet
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Patio & porch: Deck
      • Exterior features: Barbecue
      • Has private pool: Yes
      • Pool features: Association, Private Pool
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Skyline
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Details
      • Parcel number: 0141370783640
      • Other equipment: Whole House Permanent Generator

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete Block Construction, Block
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2022

      Utilities & green energy

      Green energy
      • Energy efficient items: Appliances, HVAC

      Community & HOA

      Community
      • Security: Elevator Secure, Card Entry, Lobby Secured
      • Application fee: $0
      • Pet fee: $125 nonrefundable
      • Subdivision: Map Of Miami Dade Co. Fl.
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Barbecue, Elevator(s), Other, Pool, Sauna, Spa/Hot Tub, Trash
      • HOA fee: $1,511 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,686/sqft
      • Tax assessed value: $1,182,660
      • Annual tax amount: $23,136
      • Date on market: 7/22/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/24/2026Listed for rent$7,500+19%$9/sqft
        Source: MIAMI #A12059414 Report a problem
        7/4/2026Listing removed$1,399,000$1,710/sqft
        Source: MIAMI #A11837377 Report a problem
        2/13/2026Listing removed$6,300$8/sqft
        Source: MIAMI #A11858113 Report a problem
        9/22/2025Price change$1,399,000-3.5%$1,710/sqft
        Source: MIAMI #A11837377 Report a problem
        8/14/2025Price change$6,300-7.4%$8/sqft
        Source: MIAMI #A11858113 Report a problem
        8/14/2025Price change$1,450,000-4.6%$1,773/sqft
        Source: MIAMI #A11837377 Report a problem
        8/13/2025Listed for rent$6,800$8/sqft
        Source: MIAMI #A11858113 Report a problem
        7/11/2025Listed for sale$1,520,000+16.9%$1,858/sqft
        Source: MIAMI #A11837377 Report a problem
        2/19/2025Sold$1,300,000-3.7%$1,589/sqft
        Source: MIAMI #A11586615 Report a problem
        1/7/2025Price change$1,350,000-9.9%$1,650/sqft
        Source: MIAMI #A11586615 Report a problem
        8/30/2024Price change$1,499,000-5%$1,833/sqft
        Source: MIAMI #A11586615 Report a problem
        5/13/2024Listed for sale$1,577,228+2%$1,928/sqft
        Source: MIAMI #A11586615 Report a problem
        2/2/2024Sold$1,546,200$1,890/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$24,100 -6.4%$1,182,660 -8%
        2024$25,753 -2.5%$1,285,500
        2023$26,425 $1,285,500
        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

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