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398 NE 5th St 3509Miami, FL 33132

For Sale

$1,700,000

Smart Buyer Rebate $17,000

Unparalleled Luxury & High-Yield Potential at The Elser Hotel & Residences!

Experience ultimate elevated living in this pristine 35th-floor corner residence featuring 2 Bedrooms and 2 Full Bathrooms across 983 sq ft of smartly designed space. Built in 2022, this modern turn-key condo delivers breathtaking skyline views, premium finishes, and floor-to-ceiling windows flooded with natural light.

Perfectly positioned in the heart of Downtown Miami—just steps from Bayside Marketplace, Kaseya Center, and world-class dining—this unit offers unrestricted short-term rental capabilities (Airbnb/VRBO approved), making it a dream opportunity for both savvy investors looking for maximum ROI and buyers seeking a luxurious urban retreat.

Building amenities include a resort-style pool deck with skyline views, 24/7 fitness center, concierge, sky lounge, and full-service hospitality management. Located in Flood Zone X. Don't miss this rare high-floor unit in one of Miami's most coveted destinations—schedule your private tour today!

Listed by Martha Valderrama

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License #3476904

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EXP Realty LLC

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7864795559

Last updated October 29, 2026

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Source: SEF #A12110661

Listing Facts

  • TypeCo-op
  • NeighborhoodMiami Central Business District
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu10
  • HOA/Maint. Fees$1,511/month
  • Taxes$27,838/year
  • Size983 sqft
  • Price per sqft$1,729

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Elevator
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

10/21/2026
Listed by EXP Realty LLC
$1,700,000
  1. 10/21/2026$1,700,000
    Listed by EXP Realty LLC

Property Details for 398 NE 5th St 3509

Association

Amenities

  • Association Amenities: Fitness Center, Pool, Elevator(s), Parking
  • Pets Allowed: Cats OK, Dogs OK, Yes

Fees

  • Association Fee: $1,511.00 Monthly
  • Association Fee Includes: Cable TV, Internet, Security, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 49
  • Year Built: 2022
  • Year Built Details: Effective Year Built
  • Construction Materials: Block
  • Entry Level: 35
  • Entry Location: 35

Features

  • Pool Features: Association
  • View: Ocean, Skyline, Water

Measurements

  • Building Area Total: 983
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-37-078-2940
  • Tax Annual Amount: $27,838.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Interior Features: Walk-In Closet(s), Elevator

Measurements

  • Living Area: 983

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2

Other

Location

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

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes

Utilities

Equipment

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

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There are 2 bedrooms and 2 bathrooms in this co-op at 398 NE 5th St 3509.

Does this co-op have parking?

Yes, there is 1 parking space available for 398 NE 5th St 3509.

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 3509?

Annual taxes for this co-op are estimated at $27,838.

How does 398 NE 5th St 3509 compare to other co-ops in Miami Central Business District?

This co-op is listed 63% above the average price for co-ops in Miami Central Business District and has been on the market for 216 less days than the typical home in this area.

What is the square footage on this co-op?

According to the MLS, this listing is 983 sqft.

398 NE 5th St 3509 is a 2-bedroom, 2-bath co-op for sale in Miami FL 33132. On Prevu for 10 days at $1,700,000. This property features 983 square feet of living space, located in Miami Central Business District. The median listing price for co-ops in this area is $605,000. Additional amenities include dishwasher, pets allowed, elevator, air conditioning, fitness center, swimming pool, and washer/dryer. Browse more co-op 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.