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Under contract
    • $1,090,000

    398 NE 5th St #4518, Miami, FL 33132

    3beds
    1,135sqft
    : 
    $8,646/mo
    Get pre-qualified
    Condominium
    Built in 2022
    -- sqft lot
    $-- Zestimate®
    $960/sqft
    $1,486/mo HOA

    What's special

    Floor-to-ceiling windowsRooftop infinity poolSmart home featuresCorner unitPremium kitchen appliances
    Discover perfection in this fully furnished 3BR/3BA corner unit at The Elser Hotel & Residences. Floor-to-ceiling windows and a 180° balcony capture breathtaking Biscayne Bay and city views. Enjoy 9'2" ceilings, premium kitchen appliances, and smart home features throughout this Downtown Miami gem. Ideal for investors with unrestricted short-term rentals or enjoy the sunrise AND sunset from your own balcony. Luxury living as its best. Exceptional amenities include rooftop infinity pool, 24/7 concierge, valet, and fitness center. Steps from Bayfront Park, Michelin dining, and vibrant Biscayne Boulevard. A rare blend of elegance, location, and investment potential. Tour this extraordinary opportunity today! Closing upon court approval.
    433 days
    |
    18
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sonia Desrois 305-496-2101,

    Barnes International Realty, LLC

    Source: MIAMI,MLS#: A11806748MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
      Features
      • Closet Cabinetry, Walk-In Closet(s), Elevator
      • Flooring: Tile
      • Furnished: Yes
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 1,135
      • Total interior livable area: 1,135 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space, Valet, No Rv/Boats, No Trucks/Trailers
      • Garage spaces: 1
      Features
      • Exterior features: Balcony
      • Pool features: Association
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Intracoastal View
      • Has water view: Yes
      • Water view: Bay,Intracoastal View
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Lot
      • Features: East Of Us1
      Details
      • Parcel number: 0141370786100

      Construction

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

      Community & HOA

      Community
      • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured
      • Application fee: $150
      • Subdivision: Map Of Miami Dade Co. Fl.
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Bike Storage, Business Center, Elevator(s), Fitness Center, Exterior Lighting, Pool, Other, Spa/Hot Tub
      • HOA fee: $1,486 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $960/sqft
      • Tax assessed value: $1,159,424
      • Annual tax amount: $25,247
      • Date on market: 5/6/2025
      • Listing terms: All Cash,Conventional
      • Ownership: Limited Partnership

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/19/2026Pending sale$1,090,000$960/sqft
        Source: MIAMI #A11806748 Report a problem
        11/4/2025Price change$1,090,000-7.6%$960/sqft
        Source: MIAMI #A11806748 Report a problem
        8/7/2025Price change$1,180,000-7.8%$1,040/sqft
        Source: MIAMI #A11806748 Report a problem
        5/21/2025Listed for sale$1,280,000-10.9%$1,128/sqft
        Source: MIAMI #A11806748 Report a problem
        12/20/2023Sold$1,436,100$1,265/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$23,627 -6.4%$1,159,424 -8%
        2024$25,247 -9.4%$1,260,243 -7%
        2023$27,856 $1,355,100
        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.
        See how much you could borrow to make a competitive offer.
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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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