For sale

$1,399,999

398 NE 5th St Unit 1601, Miami, FL 33132

3beds

1,150sqft

$10,958/mo

Get pre-qualified

Condominium

Built in 2022

-- sqft lot

$1,322,600 Zestimate^®

$1,217/sqft

$1,666/mo HOA

What's special

Private balconyFloor-to-ceiling windowsFully furnished unitRooftop poolOpen-concept layoutSmart keyless entry

Experience luxury in this stunning 3-bed, 3-bath residence at The Elser Hotel & Residences in Downtown Miami. Enjoy breathtaking views of Biscayne Bay and the city skyline from floor-to-ceiling windows and a private balcony. The open-concept layout features a gourmet kitchen with high-end finishes, smart keyless entry, and a 9'2" ceiling height. Perfect for investors, this fully furnished unit allows short-term rentals with no restrictions, or live year-round in style. The Elser offers resort-style amenities: a rooftop pool, fitness center, and 24/7 concierge. Steps from Bayfront Park, top dining, and entertainment, this residence delivers a vibrant, sophisticated lifestyle. Schedule a tour today to discover modern Miami living at its finest!

254 days

13

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Dryer, Microwave, Washer

Features

Closet Cabinetry, Elevator
Flooring: Tile
Doors: High Impact Doors
Has fireplace: Yes
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 1,150
Total interior livable area: 1,150 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Valet

Features

Patio & porch: Deck
Exterior features: Barbecue, Balcony
Pool features: Association
Spa features: Community
Fencing: Fenced
Has view: Yes
View description: Bay
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0141370780030

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, Card Entry, Lobby Secured
Application fee: $150
Pet fee: $150
Subdivision: Map Of Miami Dade Co. Fl.

HOA

Has HOA: Yes
Amenities included: Bar, Barbecue, Bike Storage, Elevator(s), Fitness Center, Pool, Sauna, Spa/Hot Tub
HOA fee: $1,666 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,217/sqft
Tax assessed value: $1,069,732
Annual tax amount: $23,550
Date on market: 11/6/2025
Listing terms: All Cash,Conventional

Estimated market value

$1,322,600

$1.26M - $1.39M

$7,452/mo

Price history

Date	Event	Price
11/15/2025	Listed for sale	$1,399,999-6.6%$1,217/sqft
Source: MIAMI #A11909504 Report a problem
10/1/2025	Listing removed	$1,499,000$1,303/sqft
Source: MIAMI #A11750901 Report a problem
2/24/2025	Listed for sale	$1,499,000$1,303/sqft
Source: MIAMI #A11750901 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$21,799 -7.4%	$1,069,732 -9%
2024	$23,550 -7.4%	$1,175,530 -5%
2023	$25,437	$1,237,400

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.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Get pre-qualified