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398 NE 5th Street # 2118, Miami FL 33132

Condo/Co-op For Sale
$1,230,000

BTC: 18.72146119

ETH: 727.38024837

New
Waterfront
3 bds
3 ba
1,135 sqft

Overview

Sophisticated Fully Furnished 3BR/3BA Corner Unit Residence at The Elser Hotel & Residences. Discover unmatched luxury in thisDowntown Miami turnkey unit, featuring floor-to-ceiling windows and a 180-degree balcony showcasing panoramic Biscayne Bay and city skyline vistas. Highlights include a gourmet kitchen with premium appliances, 9'2'' ceilings, smart home tech, and designer finishes. Ideal for investors (unrestricted short-term rentals) or full-time luxury living. Building amenities: rooftop infinity pool, 24/7 concierge, valet, and fitness center. Steps from Bayfront Park, Michelin-starred dining, and Biscayne Boulevard's vibrant scene. A rare blend of elegance, location, and investment potential. Schedule your private tour today!

Location

Details

Type:
Residential
Parking:
1 Space / Assigned / Guest / Parking Garage / Valet
Year Built:
2022
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,084
Cooling:
Central Air / Electric
HOA:
$1,560

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,050,000
$699K – $1.5M
Confidence Low
List vs. estimate
$180K above estimate
List $1,230,000 · +17.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,083
+93.6% vs. city median $559
Based on
139 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $509K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$21,109
2025
HOA
$1,560/mo
Pool
Community
View
Bay, Water
Waterfront
Yes
Garage
1 car garage
Furnished
Furnished,Furniture Only
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Split Bedroom

    • Walk-In Closet(s)

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • 1 Space

    • Assigned

    • Guest

    • Parking Garage

    • Valet

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-5860

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $1,560

    • HOA Frequency: Monthly

    • Annual tax amount: $21,109

  • Source details

    • MLS ID: B26041166

    Other facts

    • Construction Materials: Concrete Block Construction / Slab Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry / Washer Hookup

    • Patio And Porch Features: Open Balcony / Wrap Around

    • Pool Features: Community

    • Window Features: Complete Impact Glass / Blinds / Sliding / Verticals

    • Direction Faces: Southeast

    • Other Structures: Livable

    • Architectural Style: Corner Unit / One Story / Modern/Contemporary

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1135

    • Water Source: Public

    • Subdivision Name: THE ELSER

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Linart Realty, LLC