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For sale
    • Price cut: $80K (8/25)
    $599,999

    398 NE 5th St Unit 2904, Miami, FL 33132

    1beds
    443sqft
    : 
    $4,635/mo
    Get pre-qualified
    Condominium
    Built in 2022
    -- sqft lot
    $576,300 Zestimate®
    $1,354/sqft
    $494/mo HOA

    What's special

    Private balconyPremium finishesFully equipped gourmet kitchenTwo-story fitness centerFloor-to-ceiling impact glassCoworking spacesYoga studio
    Experience luxury living and exceptional investment potential at The Elser Hotel & Residences in the heart of Downtown Miami. This beautifully furnished residence features floor-to-ceiling impact glass, premium finishes, a fully equipped gourmet kitchen, private balcony, and breathtaking panoramic views of Biscayne Bay and the Miami skyline. With no rental restrictions, owners may enjoy the residence as a primary or secondary home or maximize income through daily, weekly, short-term, or long-term rentals. An optional professionally managed onsite rental program offers seamless ownership and income potential. Residents enjoy world-class amenities including a resort-style bayfront pool deck with private cabanas, two-story fitness center, yoga studio, coworking spaces, owners' lounge, restaurant, café, concierge, valet, and 24-hour security. Ideally located across from Bayfront Park and Bayside Marketplace and just steps from the Kaseya Center, Brightline, PortMiami, Brickell, the Adrienne Arsht Center, world-class dining, shopping, and entertainment. A rare opportunity to own a flexible luxury residence in one of Miami's most sought-after waterfront destinations.
    69 days
    37
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Elena Londono 305-979-1313,

    Keller Williams Eagle Realty

    Source: MIAMI,MLS#: A12039636MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Oven, Washer
      Features
      • Other, Walk-In Closet(s)
      • Flooring: Ceramic Tile
      • Doors: High Impact Doors
      • Furnished: Yes
      Interior area
      • Total structure area: 443
      • Total interior livable area: 443 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space, Valet
      • Garage spaces: 1
      Features
      • Exterior features: Balcony
      • Pool features: Association
      • Has view: Yes
      • View description: Ocean, Skyline, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      Details
      • Parcel number: 0141370781180

      Construction

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

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Smoke Detector, Doorman, Elevator Secure, Card Entry
      • Application fee: $150
      • Subdivision: Map Of Miami Dade Co. Fl.
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Barbecue, Business Center, Elevator(s), Fitness Center, Pool, Sauna
      • HOA fee: $494 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,354/sqft
      • Tax assessed value: $536,560
      • Annual tax amount: $10,496
      • Date on market: 6/28/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $576,300

        $547,000 - $605,000

        $3,532/mo

        Price history

        DateEventPrice
        8/25/2026Price change$599,999-11.8%$1,354/sqft
        Source: MIAMI #A12039636 Report a problem
        6/28/2026Listed for sale$680,000-6.8%$1,535/sqft
        Source: MIAMI #A12039636 Report a problem
        8/17/2025Listing removed$730,000$1,648/sqft
        Source: MIAMI #A11753460 Report a problem
        2/28/2025Listed for sale$730,000-0.5%$1,648/sqft
        Source: MIAMI #A11753460 Report a problem
        2/26/2025Listing removed$734,000$1,657/sqft
        Source: MIAMI #A11751597 Report a problem
        2/25/2025Listed for sale$734,000$1,657/sqft
        Source: MIAMI #A11751597 Report a problem
        2/17/2025Listing removed$734,000$1,657/sqft
        Source: MIAMI #A11534588 Report a problem
        12/5/2024Price change$734,000-3.3%$1,657/sqft
        Source: MIAMI #A11534588 Report a problem
        4/26/2024Price change$759,000-0.4%$1,713/sqft
        Source: MIAMI #A11534588 Report a problem
        4/17/2024Price change$762,0000%$1,720/sqft
        Source: MIAMI #A11534588 Report a problem
        2/16/2024Listed for sale$762,139+8.1%$1,720/sqft
        Source: MIAMI #A11534588 Report a problem
        5/31/2023Sold$704,900$1,591/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,934 -3.4%$536,560 -5%
        2024$11,315 -2.5%$564,800
        2023$11,610 $564,800
        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

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