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398 NE 5th St # 1809, Miami FL 33132

Condo/Co-op Active With Contract
$1,099,000

BTC: 17.86991870

ETH: 623.39047273

13 days
Waterfront
3 bds
3 ba
976 sqft

Overview

INVESTOR OPPORTUNITY: Priced nearly 40% below the last sale! Fully furnished 3BD/3BA at The Elser Hotel & Residences with NO RENTAL RESTRICTIONS: Airbnb, short-term, and daily rentals all permitted. Enjoy stunning Downtown views from the wraparound balcony. Features 9+ ft ceilings, porcelain wood-style tile, sleek kitchen w/ Italkraft cabinetry, quartz counters, & stainless steel appliances. Exceptional amenities: cocktail bar by Jaguar Sun, Café Domino coffee lounge, 132-ft pool w/ private cabanas, outdoor theater lawn, LED movie wall, two-story wellness center w/ yoga deck + spa, co-working spaces, & sky lounge. Prime location steps from Bayfront Park, world-class dining, museums, Kaseya Center, Wynwood, & more. Schedule your tour today!

Location

Details

Type:
Residential
Parking:
1 Space / Valet
Year Built:
2022
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$1,126
Cooling:
Central Air / Electric
HOA:
$1,501

Valuation

Our model vs. what's actually selling nearby.
Estimate
$961,500
$699K – $1.8M
Confidence Low
List vs. estimate
$137K above estimate
List $1,099,000 · +14.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,126
+101.0% vs. city median $560
Based on
86 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $522K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$26,452
2025
HOA
$1,501/mo
View
Bay, Intracoastal View
Waterfront
Yes
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Other Equipment/Appliances

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • Closet Cabinetry

    • Fire Sprinklers

    • Entrance Foyer

    • Walk-In Closet(s)

    • No Additional Rooms

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • 1 Space

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-2770

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,501

    • HOA Frequency: Monthly

    • Annual tax amount: $26,452

  • Source details

    • MLS ID: A12004294

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

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

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 976

    • 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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Market around this address

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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: Blackbook Properties