$1,499,000

The Elser 398 NE 5th St Unit 1601 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $11,797/month

Total Views 1,348
3 Beds
3 Baths
1,150 Sq Ft
$1,303 Price per Sq Ft

Highlights

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

About This Home

Experience luxury in this stunning 3-bed, 3-bath residence at The Elser Hotel & Residences in Downtown Miami. Enjoy breathtaking views of Biscayne Bay and the city skyline from floor-to-ceiling windows and a private balcony. The open-concept layout features a gourmet kitchen with high-end finishes, smart keyless entry, and a 9'2" ceiling height. Perfect for investors, this fully furnished unit allows short-term rentals with no restrictions, or live year-round in style. The Elser offers resort-style amenities: a rooftop pool, fitness center, and 24/7 concierge. Steps from Bayfront Park, top dining, and entertainment, this residence delivers a vibrant, sophisticated lifestyle. Schedule a tour today to discover modern Miami living at its finest!

Listing Agent

Sandra Guerra

EXP Realty LLC License #3163494 Listed on: 02/24/2025

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,550

Year Built

  • Built in 2022

Lot Details

  • Property Fronts a Bay or Harbor
  • Fenced

HOA Fees

  • $1,666 Monthly HOA Fees

Interior Spaces

  • 1,150 Sq Ft Home
  • Fireplace
  • Tile Flooring
  • Bay Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-0030

Community Details

Overview

  • The Elser Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 42-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Bar or Lounge
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,550

Year Built

Built in 2022

Lot Details

0

HOA Fees

$1,666 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 16
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Washer
  • Interior Amenities: Closet Cabinetry, Elevator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile
  • Living Area: 1150
  • Other Equipment: Elevator
  • Stories: 42
  • Bedroom Features: Primary Bath Tub

Exterior Features

  • View: Bay
  • Exterior Features: Barbeque, Open Balcony
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Elser
  • Parking Features: Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1666
  • Amenities: Bar, Barbecue, Bike Storage, Elevator(s), Exercise Room, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 23550

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 $22,843 $1,069,732 -- --
2024 $25,437 $1,175,530 -- --
2023 $25,437 $1,175,530 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 For Sale $1,499,000 -- $1,303 / Sq Ft
Source: MIAMI REALTORS® MLS

Similar Homes in Miami, FL

  • 398 NE 5th St Unit 3711, Miami, FL 33132

    $1,450,000

    • 2 Beds
    • 2 Baths
    • 818 Sq Ft
    • 398 NE 5th St
    • Unit 3711
    • Miami, FL

    Discover a collection of cultivated residences each created for exceptional vibrant living, mindful and sophisticated designs pair perfectly with floor to ceiling views of Biscayne Bay and Downtown Miami. Miami Designed for modern living. The Elser Hotel & Residences Miami offers a choice for every need. Discover a wealth of curated amenities meant for recreation, relaxation and inspiration.

    Carlo Ortiz Xcellence Realty

    Section Image
  • 398 NE 5th St Unit 4417, Miami, FL 33132

    $1,300,000

    • 2 Beds
    • 3 Baths
    • 1,043 Sq Ft
    • 398 NE 5th St
    • Unit 4417
    • Miami, FL

    Discover a collection of exclusive residences at The Elser Hotel & Residences Miami, designed for vibrant and exceptional living. Sophisticated designs blend seamlessly with panoramic views of Biscayne Bay and Downtown Miami. Designed for modern living, it offers options for every need. A wide range of carefully curated amenities for recreation, relaxation, and inspiration. Fully furnished,

    Carlo Ortiz Xcellence Realty

    Section Image
  • 159 NE 6th St Unit 3701, Miami, FL 33132

    $1,300,000

    • 2 Beds
    • 2 Baths
    • 1,278 Sq Ft
    • 159 NE 6th St
    • Unit 3701
    • Miami, FL

    Step into a fully furnished, move-in-ready unit offering stunning city and bay views. Whether you're looking for a chic urban residence or a high-performing income-generating property, this is the perfect opportunity.Located in a brand-new building delivered in 2024, this residential gem allows for short-term rentals, making it ideal for investors. Enjoy world-class amenities including a

    Esteffany Castrillon Miles Goldstein Real Estate

    Section Image
  • 601 NE 1st Ave Unit 2716, Miami, FL 33132

    $1,799,000

    • 3 Beds
    • 3 Baths
    • 1,633 Sq Ft
    • 601 NE 1st Ave
    • Unit 2716
    • Miami, FL

    immerse yourself in breathtaking, timeless views of Miami from this stunning three-bedroom unit. Designed to showcase the essence of Miami living, this residence offers an innovative floor plan with a unique lockout feature. Whether you prefer a spacious three-bedroom, three-bath layout or the flexibility of dividing it into two separate units—a 1-bed, 1-bath and a 2-bed, 2-bath—the choice is

    Esteffany Castrillon Miles Goldstein Real Estate

    Section Image
  • 465 Brickell Ave Unit 4505, Miami, FL 33131

    $1,299,000

    • 2 Beds
    • 2 Baths
    • 1,313 Sq Ft
    • 465 Brickell Ave
    • Unit 4505
    • Miami, FL

    Located in the heart of Brickell with magnificent Ocean and Bay views from every room. Spacious & bright 2/2 + den unit at the famous Icon Brickell. Split floor plan with porcelain floors throughout, European-style kitchen, top-of-the-line appliances, washer/dryer, and walk-in closet. Five-star resort amenities such as Fitness center, SPA, 3 Pools, theater, pool table, conference room, juice bar,

    Carlo Ortiz Xcellence Realty

    Section Image
  • 495 Brickell Ave Unit 420, Miami, FL 33131

    $1,195,000

    • 2 Beds
    • 2 Baths
    • 1,390 Sq Ft
    • 495 Brickell Ave
    • Unit 420
    • Miami, FL

    Stunning apartment at the prestigious Icon Brickell with fantastic water & city view, 2/2 plus Den. Each room has access to the balcony. You will enjoy the view from every room, oversized custom walk-in closets, Italian kitchen cabinetry, and an in-unit washer/dryer. Icon Brickell features amenities including three Olympic pools on a tree-lined promenade deck with daybeds facing Biscayne Bay, a

    Sixto Valenzuela Sixto Realty Group LLC

    Section Image
  • 55 SW 9th St Unit 3906, Miami, FL 33130

    $1,700,000

    • 3 Beds
    • 3.5 Baths
    • 1,290 Sq Ft
    • 55 SW 9th St
    • Unit 3906
    • Miami, FL

    Stunning three bedrooms three bathrooms corner unit high floor at Brickell Heights West Condominium. This is a rarely available 06 line unit located on the 39th floor at one of the most cherished addresses in Brickell. Fantastic unobstructed skyline and sunset views with a wraparound balcony facing west and northwest. Exclusive amenities including sky pool deck, entertainment rooms, screening

    Alex Kosyk One Sotheby's International Realty

    Section Image
  • 488 NE 18th St Unit 208, Miami, FL 33132

    $1,449,000

    • 3 Beds
    • 3.5 Baths
    • 1,865 Sq Ft
    • 488 NE 18th St
    • Unit 208
    • Miami, FL

    Own a stunning bayfront residence! This rarely available 08 lane at Aria on the Bay, three bedrooms and and three and a half baths. Step inside to discover elegant upgrades, including sleek Calacatta porcelain floors, custom Italian Cabinet, Quartz countertops and High End appliances. The master bathroom is a true retreat with a standalone Roman bathtub. Outside, an expansive, deep balcony

    Daniel Dubin Related ISG Realty, LLC.

    Section Image
  • 1331 Brickell Bay Dr Unit 208, Miami, FL 33131

    $1,185,000

    • 2 Beds
    • 2 Baths
    • 1,460 Sq Ft
    • 1331 Brickell Bay Dr
    • Unit 208
    • Miami, FL

    Spacious 2 bed 2 baths at luxurious Jade Brickell. Dual balconies and floor-to-ceiling windows overlooking Biscayne Bay. A double door entry opens to over 1,400 sqft of living including large kitchen with breakfast area, spacious primary bedroom with 2 closets & expansive primary bath with dual sink vanity. The Jade provides residents with top amenities and services including 2 large pools,

    Carlo Ortiz Xcellence Realty

    Section Image
See All Homes in Miami

Source: MIAMI REALTORS® MLS

MLS Number: A11750901

MIAMI REALTORS® MLS

APN: 01-4137-078-0030

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 1601, Miami, FL

This home is located at 398 NE 5th St Unit 1601, Miami, FL 33132 and is currently priced at $1,499,000, approximately $1,303 per square foot. This property was built in 2022. 398 NE 5th St Unit 1601 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
Sandra Guerra
Listing Agent
Sandra Guerra
Section Image
EXP Realty LLC
(786) 226-0692