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For sale
    • $699,900

    398 NE 5th St #4316, Miami, FL 33132

    0beds
    362sqft
    : 
    $5,330/mo
    Get pre-qualified
    Condominium
    Built in 2022
    -- sqft lot
    $666,800 Zestimate®
    $1,933/sqft
    $500/mo HOA

    What's special

    Premium finishesSecure keyless entryOpen-concept layoutIn-unit washer and dryerFully furnished luxury residenceFully equipped kitchenSofa bed
    Luxury & Investment Opportunity at The Elser! Experience the best of Miami living while maximizing your investment potential. This fully furnished luxury residence offers breathtaking views of Biscayne Bay and the Downtown Miami skyline, making it the perfect choice for personal enjoyment, a vacation home, or a high-income-producing asset. Designed with modern elegance, the unit features an open-concept layout, premium finishes, a king-size bed, sofa bed, fully equipped kitchen, in-unit washer and dryer, flat-screen TV, and secure keyless entry. Enjoy world-class amenities, including a spectacular rooftop pool with panoramic views, bar and restaurant service, a two-story fitness center, jacuzzi, 24/7 concierge, valet parking, and exclusive Beach Club access. Ideally located in the heart of Downtown Miami, just steps from Kaseya Center, Bayside Marketplace, Miami Worldcenter, Brightline Station, Brickell, top restaurants, shopping, nightlife, and major attractions. The Elser is one of Miami’s most sought-after buildings for short-term rentals, offering exceptional flexibility and strong income potential in a high-demand market. Whether you're looking for a luxury lifestyle, a second home, or an investment with attractive ROI, this property checks every box. Don't miss this rare opportunity to own a premier residence in one of Miami's fastest-growing and most desirable locations!
    72 days
    32
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    W. Fernando Espinoza 781-492-6459,

    Potential Property Group,

    Grace Espinoza 786-253-2346,

    Potential Property Group

    Source: MIAMI,MLS#: A12042862MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
      Features
      • Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Vaulted Ceiling(s)
      • Flooring: Vinyl
      • Doors: High Impact Doors
      • Windows: Blinds, High Impact Windows
      • Furnished: Yes
      Interior area
      • Total structure area: 362
      • Total interior livable area: 362 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Valet, No Rv/Boats, No Trucks/Trailers
      Features
      • Entry location: Foyer
      • Exterior features: None, Balcony
      • Pool features: Association
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Intracoastal View, Ocean, Water
      • Has water view: Yes
      • Water view: Bay,Intracoastal View,Ocean,Water
      • Waterfront features: Intracoastal Front, Ocean Front, Bay
      • Frontage type: Bay/Harbor
      Details
      • Parcel number: 0141370785400

      Construction

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

      Utilities & green energy

      • Electric: Circuit Breakers

      Community & HOA

      Community
      • Security: Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, TV Camera
      • Application fee: $150
      • Subdivision: The Elser
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Barbecue, Business Center, Playground, Elevator(s), Fitness Center, Pool, Sauna, Spa/Hot Tub
      • HOA fee: $500 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,933/sqft
      • Tax assessed value: $512,500
      • Annual tax amount: $10,267
      • Date on market: 6/24/2026
      • Listing terms: All Cash,Conventional,FHA

        Estimated market value

        $666,800

        $633,000 - $700,000

        $3,202/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$699,900-4.1%$1,933/sqft
        Source: MIAMI #A12042862 Report a problem
        5/19/2026Listing removed$3,500$10/sqft
        Source: MIAMI #A11806126 Report a problem
        11/20/2025Price change$3,500+1.4%$10/sqft
        Source: MIAMI #A11806126 Report a problem
        10/10/2025Listing removed$729,900$2,016/sqft
        Source: MIAMI #A11732567 Report a problem
        6/12/2025Listed for rent$3,450+39.7%$10/sqft
        Source: MIAMI #A11806126 Report a problem
        2/1/2025Listed for sale$729,900-5.2%$2,016/sqft
        Source: MIAMI #A11732567 Report a problem
        1/25/2025Listing removed$769,900$2,127/sqft
        Source: MIAMI #A11650162 Report a problem
        9/6/2024Listed for sale$769,900+21.5%$2,127/sqft
        Source: MIAMI #A11650162 Report a problem
        4/26/2023Sold$633,500$1,750/sqft
        Source: Public Record Report a problem
        4/14/2022Listing removed--
        Source: Zillow Rental Network Premium_1 Report a problem
        3/12/2022Price change$2,470+1%$7/sqft
        Source: Zillow Rental Network Premium_1 Report a problem
        3/7/2022Listed for rent$2,445$7/sqft
        Source: Zillow Rental Network Premium_1 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,444 +1.7%$512,500
        2024$10,267 -2.5%$512,500
        2023$10,535 $512,500
        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.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        97 / 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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