$418,000
NEW CONSTRUCTION $167K PRICE DROP

The Elser 398 NE 5th St Unit 1416 Floor 14 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $3,379/month

Total Views 1,372
-- Bed
1 Bath
455 Sq Ft
$919 Price per Sq Ft

Highlights

  • Ocean View
  • 3-minute walk to College/Bayside
  • New Construction
  • Bar or Lounge
  • Fitness Center
  • Community Pool

About This Home

Location! Beautiful and modern 2022 building approved for vacation rental! totally furnished included in the price, Lavis suites, stunning ocean view, amazing amenities, design for enjoyment, elegant lobby, security 24/7, valet parking, incredible rooftop pools, cocktail bar, luxury hotel-condo, multi-level fitness complex with panoramic views, in the heart of Brickell downtown, dinning and nightlife walking distance, waterfront views, art, entertainment, ready to live, to enjoy, and/or to rent... it is a gem with so much potential....

Listing Agent

Claudia Pinto

Miami Residential Group License #3322193 Listed on: 03/17/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

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

Interior Spaces

  • 1 Full Bathroom
  • 455 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-5110

Community Details

Overview

  • The Elser Condos
  • The Elser Subdivision
  • 49-Story Property

Amenities

  • Community Barbecue Grill
  • Business Center
  • Community Center
  • Party Room
  • Community Library
  • Bar or Lounge
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,600

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Condominium
  • Entry Level: 14
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: The Elser
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 418000
  • InternetRemarks: Location! Beautiful and modern 2022 building approved for vacation rental! totally furnished included in the price, Lavis suites, stunning ocean view
  • ShowingTimeFlag: No
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Flooring: Tile
  • Living Area: 455
  • Stories: 49
  • Bedroom Features: None

Exterior Features

  • View: Ocean View, Skyline, Water View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: The Elser
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 550
  • Amenities: Bar, Barbecue, Business Center, Child Play Area, Community Room, Elevator(s), Exercise Room, Library, Other, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-5110

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7600

Map

About The Elser

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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 $9,133 $470,000 -- --
2024 $9,662 $470,000 -- --
2023 $9,662 $446,500 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Price Changed $418,000 -2.3% $919 / Sq Ft
11/08/2025 11/08/25 Price Changed $428,000 -14.2% $941 / Sq Ft
08/08/2025 08/08/25 Price Changed $499,000 -7.6% $1,097 / Sq Ft
03/19/2025 03/19/25 Price Changed $540,000 -7.7% $1,187 / Sq Ft
03/17/2025 03/17/25 For Sale $585,000 -- $1,286 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11765024

MIAMI REALTORS® MLS

APN: 01-4137-078-5110

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 1416, Miami, FL

For Sale

Condos

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Claudia Pinto
Listing Agent
Claudia Pinto
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Miami Residential Group
(786) 348-5594