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398 NE 5th St # 3810, Miami FL 33132

Condo/Co-op For Sale
$850,000

BTC: 12.97709924

ETH: 472.22222222

-$80K (2026/01/15)
250 days
1 bds
1 ba
509 sqft

Overview

Experience luxury and flexibility at Unit 3810 in The Elser Hotel & Residences — a fully furnished 1-bedroom, 1-bath high-floor condo with breathtaking direct bay views in the heart of Downtown Miami. Ideally located across from Bayside Marketplace and steps from the Kaseya Center, Miami Worldcenter, and MetroMover, this turnkey residence is perfect for both personal use and nightly rentals. The Elser offers resort-style amenities, including a massive bayfront terrace with pool, hot tub, grills, and outdoor theater, plus a two-story fitness center, coworking spaces, on-site dining, and 24/7 concierge. With walkable access to shopping, dining, events, and waterfront parks, Unit 3810 is the ideal lifestyle and investment opportunity in one of Miami’s fastest-growing neighborhoods.

Location

Details

Type:
Residential
Parking:
1 Space / Valet
Year Built:
2022
Lot:
No Data
Heating:
Central
Price/sqft:
$1,670
Cooling:
Central Air
HOA:
$567

Valuation

Our model vs. what's actually selling nearby.
Estimate
$500,000
$390K – $750K
Confidence Low
List vs. estimate
$350K above estimate
List $850,000 · +70.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,669
+194.3% vs. city median $567
Based on
213 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $536K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,684
2025
HOA
$567/mo
View
Bay, Intracoastal View
Garage
1 car garage
Furnished
Furnished
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Refrigerator

    • Washer

    Other interior features

    • Lobby

    • Fire Sprinklers

    • Volume Ceilings

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Valet

    Other Property Information

    • Parcel Number: 01-41-37-078-3310

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $567

    • HOA Frequency: Monthly

    • Annual tax amount: $16,684

  • Source details

    • MLS ID: A11881372

    Other facts

    • Construction Materials: CBS Construction

    • Window Features: Clear Impact Glass / Complete Impact Glass / Blinds / High Impact Windows / Impact Glass

    • Architectural Style: High Rise

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 509

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

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: Real Broker LLC