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398 NE 5th St 3102Miami, FL 33132

For Sale

$580,000

Smart Buyer Rebate $4,500

Luxury fully-furnished studio unit at The Elser Hotel & Residences in the heart of Downtown Miami. Designed for modern living, this residence features floor-to-ceiling windows, an open layout with a king-size bed and sofa sleeper, a fully equipped kitchen, and in-unit washer/dryer. Enjoy stunning panoramic views of Biscayne Bay and the Miami skyline. Short-term rentals are approved, with on-site hotel management. Ideal for both personal use or an income-producing investment. Enjoy resort-style amenities including a rooftop pool with bar and restaurant, two-story fitness center, spa, 24/7 concierge, valet parking, and exclusive beach club access. Just steps from Bayside Marketplace, Kaseya Center, Brightline, Port of Miami, and world-class dining, arts, and entertainment.

Listed by David Gueron

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License #3345159

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Smart Luxe

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786-200-0519

Last updated January 23, 2026

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Source: MIAMIRE #A11935337

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Central Business District
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu35
  • HOA/Maint. Fees$550/month
  • Taxes$9,842/year
  • Size430 sqft
  • Price per sqft$1,349

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

01/24/2026
Price Decreased
$580,000
12/26/2025
Listed by Smart Luxe
$610,000

Property Details for 398 NE 5th St 3102

Association

Amenities

  • Association Amenities: Clubhouse-Clubroom, Exercise Room, Pool, Sauna, Spa/Hot Tub
  • Pets Allowed: Restrictions Or Possible Restrictions

Fees

  • Association Fee: $550.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Common Area, Elevator, Recreation Facilities, Security, Trash Removal, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 49
  • Structure Type: Condo-Hotel, Condo
  • Year Built: 2022
  • Year Built Details: Effective Year Built
  • Architectural Style: High Rise
  • Building Name: THE ELSER
  • Construction Materials: CBS Construction
  • Entry Level: 16
  • Exterior Features: Open Balcony

Features

  • Patio And Porch Features: Open Balcony
  • View: Bay, Intracoastal View, Other View, Skyline
  • Waterfront: Yes

Measurements

  • Building Area Total: 430
  • Building Area Units: Square Feet
  • Frontage Type: Bay
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-37-078-0520
  • Tax Annual Amount: $9,842.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
  • Flooring: Ceramic Floor
  • Interior Features: First Floor Entry

Measurements

  • Living Area: 430
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1

Other

Location

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

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: 1 Space, Valet

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 398 NE 5th St 3102.

Does this condo have parking?

Yes, there is 1 parking space available for 398 NE 5th St 3102.

Are pets allowed at 398 NE 5th St?

Yes, 398 NE 5th St allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 398 NE 5th St 3102?

Annual taxes for this condo are estimated at $9,842.

How does 398 NE 5th St 3102 compare to other condos in Miami Central Business District?

This condo is listed 72% below the average price for condos in Miami Central Business District and has been on the market for 109 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the THE ELSER building.

What is the square footage on this condo?

According to the MLS, this listing is 430 sqft.

398 NE 5th St 3102 is a 1-bedroom, 1-bath condo for sale in Miami FL 33132. Listed on Prevu for 35 days at $580,000. This includes a recent price decrease of $30,000. This property features 430 square feet of living space, located in Miami Central Business District. The median listing price for condos in this area is $730,000. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, parking, swimming pool, and washer/dryer. Browse more condo listings in Miami.

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.

Full MLS Disclaimers

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.