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398 NE 5th St # 1811, Miami FL 33132

Condo/Co-op For Sale
$1,449,000

BTC: 22.64062500

ETH: 908.64055083

+$70K (2025/11/19)
242 days
Waterfront
2 bds
2 ba
818 sqft

Overview

Experience elevated living at The Elser Residences in this beautifully appointed 2-bed, 2-bath residence. Thoughtfully designed with breathtaking Biscayne Bay and Downtown Miami views, this home features 9’2” ceilings, floor-to-ceiling impact windows, smart keyless entry, and an Ecobee smart thermostat for ultimate comfort. The open layout blends modern style with everyday functionality. Residents enjoy a collection of curated amenities, a vibrant lifestyle, and unmatched access to Miami’s top dining, entertainment, and cultural destinations. A rare opportunity to own a sophisticated, turn-key home in one of Miami’s most desirable buildings.

Location

Details

Type:
Residential
Parking:
None
Year Built:
2022
Lot:
No Data
Heating:
Central
Price/sqft:
$1,771
Cooling:
Central Air
HOA:
$1,342

Valuation

Our model vs. what's actually selling nearby.
Estimate
$769,900
$519K – $1.3M
Confidence Low
List vs. estimate
$679K above estimate
List $1,449,000 · +88.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,771
+217.1% vs. city median $558
Based on
184 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
$24,328
2024
HOA
$1,342/mo
View
Bay
Waterfront
Yes
Furnished
Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Lobby

    • First Floor Entry

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • None

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-41-37-078-3450

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,342

    • HOA Frequency: Monthly

    • Annual tax amount: $24,328

  • Source details

    • MLS ID: A11910584

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Complete Impact Glass

    • Architectural Style: High Rise

    • Waterfront: Yes

    • Living Area: 818

    • Subdivision Name: The Elser Residence

Private inquiry
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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: Finanz Butik Realty