$1,250,000

The Elser 398 NE 5th St Unit 2118 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $9,987/month

Total Views 628
3 Beds
3 Baths
1,135 Sq Ft
$1,101 Price per Sq Ft

Highlights

  • Property Fronts a Bay or Harbor
  • 3-minute walk to College/Bayside
  • Clubhouse
  • Fitness Center
  • Colonial Architecture
  • Outdoor Living Area

About This Home

Sophisticated fully furnished 3BR/3BA corner residence at The Elser Hotel & Residences in Downtown Miami. This turnkey unit features floor-to-ceiling windows and a spacious wraparound balcony offering panoramic views of Biscayne Bay and the Miami skyline. Interior highlights include approximately 9'2'' ceilings, a modern kitchen with premium appliances, contemporary cabinetry, designer finishes, and smart home technology. The building allows short-term rentals, making it suitable for both investors and end users. Amenities include a rooftop pool, fitness center, concierge services, and valet. Conveniently located near Bayfront Park, Bayside Marketplace, dining, shopping, and major Downtown Miami attractions.

Listing Agent

Arthur Covas

Linart Realty, LLC License #3277167 Listed on: 03/06/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,109

Year Built

  • Built in 2022

Lot Details

  • Property Fronts a Bay or Harbor
  • Southeast Facing Home

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,135 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Combination Kitchen and Dining Room
  • Ceramic Tile Flooring
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Living Area
  • Wrap Around Porch

Schools

  • Frederick Douglass Elementary School
  • Jose De Diego Middle School
  • Booker T. Washington High School

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0141370785860

Community Details

Overview

  • Association fees include cable TV, HVAC, insurance, ground maintenance, sewer, trash, water, internet
  • The Elser Subdivision
  • Community Parking
  • 47-Story Property

Amenities

  • Clubhouse

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,109

Year Built

Built in 2022

Lot Details

0 Sq Ft Lot

HOA Fees

$1,600 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Please use GPS.
  • Year Built: 2022
  • Architectural Style: Colonial
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Ceramic Tile
  • Living Area: 1135.0
  • Stories: 47
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Bay, City
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Bayfront
  • Waterfront: No
  • Construction Type: Concrete
  • Direction Faces: Southeast
  • Patio And Porch Features: Open, Wrap Around, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Inside, Laundry Closet
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1600.0
  • Pets Allowed: No
  • Community Features: Property Manager On-Site
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Parking, Restaurant
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, HVAC, Insurance, Maintenance Grounds, Sewer, Trash, Water, Internet

Schools

  • Elementary School: Frederick Douglass
  • High School: Booker T. Washington
  • Middle Or Junior School: Jose De Diego

Lot Info

  • Parcel #: 0141370785860
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 21109.0

Map

About The Elser

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 $22,321 $1,078,997 -- --
2024 $25,924 $1,172,823 -- --
2023 $25,924 $1,198,045 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 For Sale $1,250,000 -- $1,101 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,267,300 None Listed On Document
Special Warranty Deed $1,250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $812,500 New Conventional
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11169314

BeachesMLS (Greater Fort Lauderdale)

APN: 01-4137-078-5860

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 2118, Miami, FL

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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes
Arthur Covas
Listing Agent
Arthur Covas
Section Image
Linart Realty, LLC
(645) 208-8014
Your Personal Tour Guide

Ask me questions while you tour the home.