Discover the epitome of luxury and convenience with this stunning studio unit in the heart of downtown Miami. Spanning 496 sqft, this fully furnished studio is designed to impress, featuring a fully-equipped kitchen, a plush king-size bed, a pull-out couch, in-unit washer and dryer, and a large flat-screen TV. Floor-to-ceiling windows showcase breathtaking views of Biscayne Bay and the vibrant Miami skyline. Positioned in a prime location, you'll enjoy seamless access to world-class destinations such as the Kaseya Center, Brickell Financial District, and the Port of Miami. The property offers exceptional amenities, including a resort-style pool, a state-of-the-art two-story fitness center, valet parking, and much more. With high income potential and no rental restrictions.
Listed by Handan Gucyilmaz Gunay
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License #3565234
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Cays LLC
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305-709-9986
Last updated October 17, 2025
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Source: MIAMIRE #A11788577
Listing Facts
TypeCondo
NeighborhoodMiami Central Business District
Bathrooms1
Days on Prevu182
HOA/Maint. Fees$494/month
Taxes$11,281/year
Size442 sqft
Price per sqft$1,165
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
10/17/2025
Price Increased
$515,000
10/15/2025
Price Decreased
$500,000
08/01/2025
Price Decreased
$515,000
06/20/2025
Price Decreased
$520,000
06/03/2025
Price Decreased
$525,000
05/21/2025
Price Decreased
$565,500
04/23/2025
Listed by Cays LLC
$615,000
Property Details for 398 NE 5th St 2805
Association
Amenities
Association Amenities: Bar, Business Center, Elevator(s), Exercise Room, Other, Pool, Spa/Hot Tub, Trash Chute
Pets Allowed: Maximum 20 Lbs
Fees
Association Fee: $494.00 Monthly
Association Fee Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Internet/Wi Fi, Parking, Pool Service, Security, Sewer, Trash Removal, Water
Exterior
Construction
Stories Total: 49
Structure Type: Condo 5+ Stories, Condo
Window Features: Clear Impact Glass
Year Built: 2022
Year Built Details: Effective Year Built
Architectural Style: High Rise
Building Name: The Elser
Construction Materials: Concrete Block Construction
Entry Level: 28
Exterior Features: Open Balcony
Features
Patio And Porch Features: Open Balcony
View: Bay
Waterfront: Yes
Measurements
Building Area Total: 442
Building Area Units: Square Feet
Frontage Type: Bay
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 01-41-37-078-1510
Tax Annual Amount: $11,281.00
Tax Year: 2024
Interior
Features
Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
Flooring: Tile
Interior Features: First Floor Entry
Measurements
Living Area: 442
Living Area Units: Square Feet
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Other
Location
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Parking
Parking
Attached Garage: Yes
Parking Features: Assigned, Valet
Utilities
Equipment
Cooling: Central Air, Electric
Has Cooling: Yes
Heating: Central, Electric
Has Heating: Yes
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
