$429,000
$21K PRICE DROP

The Elser 398 NE 5th St Unit 1412 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $3,575/month

Total Views 498
-- Bed
1 Bath
341 Sq Ft
$1,258 Price per Sq Ft

Highlights

  • Valet Parking
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Property Fronts a Bay or Harbor
  • Bar or Lounge
  • Community Pool

About This Home

Prime Investment! BEST PRICE IN THE BUILDING at the time of publication! Gorgeous furnished studio at the awarded The Elser Hotel & Residences, facing Biscayne Bay and City. This turn-key unit offers flexible use: personal, business, vacation, or short-term rental via hotel program or platform. High-end design includes king bed, modern appliances, convertible sofa & table, rotating LED TV, and balcony with panoramic city & water views. Fully equipped to hotel standards. Amenities: wrap-around pool & bar, Beach Club service in South Beach, valet parking, spa, multi-level gym & business center. Steps from Bayside, Kaseya Center, Brightline, Brickell, Miami River; close to Port of Miami and the next Signature Bridge & Wynwood. Enjoy the vibrant Miami luxury lifestyle!Low HOA: $1,573 quarterly

Listing Agent

Juan Mezzini

Mezzini Realty Group License #3261731 Listed on: 07/24/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,327

Year Built

  • Built in 2022

HOA Fees

  • $524 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Entry on the 14th floor
  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 341 Sq Ft Home
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Covered Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-3750

Community Details

Overview

  • High-Rise Condominium
  • 398 Ne 5Th St Condo
  • The Elser Hotel&Residences Subdivision
  • 49-Story Property

Amenities

  • Valet Parking
  • Business Center
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,327

Year Built

Built in 2022

Lot Details

0

HOA Fees

$524 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 14
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: The Elser Hotel&Residences
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other, Studio Apartment
  • Full Bathrooms: 1
  • Flooring: Ceramic Floor, Tile
  • Living Area: 341
  • Stories: 49
  • Window Features: High Impact Windows
  • Bedroom Features: Studio
  • Living Room Features: Studio Apartment

Exterior Features

  • View: Bay
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: - 398 NE 5th ST Condo
  • Parking Features: 1 Space, Covered, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 524
  • Amenities: Bar, Business Center, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-3750

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9327

Map

About The Elser

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,327 $470,400 -- --
2024 $9,867 $480,000 -- --
2023 $9,867 $456,000 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2025 09/20/25 Price Changed $429,000 -4.5% $1,258 / Sq Ft
08/22/2025 08/22/25 Price Changed $449,000 -0.2% $1,317 / Sq Ft
07/24/2025 07/24/25 For Sale $450,000 -- $1,320 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11846720

MIAMI REALTORS® MLS

APN: 01-4137-078-3750

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 1412, Miami, FL

This home is located at 398 NE 5th St Unit 1412, Miami, FL 33132 and is currently priced at $429,000, approximately $1,258 per square foot. This property was built in 2022. 398 NE 5th St Unit 1412 is a home located in Miami-Dade County with nearby schools including Frederick R. Douglass Elementary, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Juan Mezzini
Listing Agent
Juan Mezzini
Section Image
Mezzini Realty Group
(786) 882-6097