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398 NE 5th St # 2118, Miami FL 33132

Condo/Co-op For Sale
$1,225,000

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ETH: 462.26415094

52 days
3 bds
3 ba
1,135 sqft

Overview

Experience the ultimate in turnkey Miami luxury at this sophisticated 3-bedroom, 3-bathroom corner residence at The Elser Hotel & Residences. Designed for effortless living and exceptional flexibility, this fully furnished home pairs dramatic architecture with sweeping views and the rare opportunity to enjoy a residence that can also generate income.Floor-to-ceiling windows frame spectacular 180-degree views of Biscayne Bay, the Miami skyline, and the city’s ever-changing energy,Inside, refined contemporary interiors feature 9'2" ceilings, designer finishes, smart-home technology, and a chef-inspired kitchen outfitted with premium appliances. The open-concept layout, generous bedrooms, and elegant furnishings create a sophisticated retreat that feels equally at home as a private residence or a high-end income-producing property. But the experience extends far beyond your front door. The Elser delivers a resort-inspired collection of amenities designed to make everyday life feel like a vacation—including a spectacular rooftop infinity pool with panoramic city and bay views, 24-hour concierge service, valet parking, a state-of-the-art fitness center, and thoughtfully curated outdoor spaces Located in the heart of Downtown Miami, you're moments from Bayfront Park, Biscayne Boulevard, world-class dining, nightlife, entertainment, cultural destinations, and the waterfront, placing the best of the city directly outside your door.This is Miami living—elevated

Location

Details

Type:
Residential
Parking:
1 Space / Guest / Valet
Year Built:
2022
Lot:
No Data
Heating:
Heat Pump/Reverse Cycle
Price/sqft:
$1,079
Cooling:
Central Air
HOA:
$1,560

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,072,500
$699K – $1.6M
Confidence Low
List vs. estimate
$152K above estimate
List $1,225,000 · +14.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,079
+89.6% vs. city median $569
Based on
148 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $12.6M
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
View
Bay, Skyline
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Wood

    Heating

    • Heat Pump/Reverse Cycle

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Ice Maker

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Interior Hall

    • Lobby

    • Built-in Features

    • Closet Cabinetry

    • Fire Sprinklers

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • 1 Space

    • Guest

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

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

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,560

    • HOA Frequency: Monthly

    • Annual tax amount: $21,109

  • Source details

    • MLS ID: A12071480

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1135

    • Subdivision Name: MAP OF MIAMI DADE CO. FL.

Private inquiry
Talk to the advisor on this listing.
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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: Miami Property Shop