$1,349,000

The Elser 398 NE 5th St Unit 2118 Floor 21 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $10,596/month

3 Beds
3 Baths
1,135 Sq Ft
$1,189 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • Clubhouse
  • Beach
  • Bay View
  • Furnished

About This Home

Sophisticated Fully Furnished 3BR/3BA Corner Unit Residence at The Elser Hotel & Residences. Discover unmatched luxury in this Downtown Miami turnkey unit, featuring floor-to-ceiling windows and a 180-degree balcony showcasing panoramic Biscayne Bay and city skyline vistas. Highlights include a gourmet kitchen with premium appliances, 9'2'' ceilings, smart home tech, and designer finishes. Ideal for investors (unrestricted short-term rentals) or full-time luxury living. Building amenities: rooftop infinity pool, 24/7 concierge, valet, and fitness center. Steps from Bayfront Park, Michelin-starred dining, and Biscayne Boulevard's vibrant scene. A rare blend of elegance, location, and investment potential. Schedule your private tour today!

Listing Agent

Arthur Covas

Linart Realty, LLC License #3277167 Listed on: 10/02/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,495

Year Built

  • Built in 2022

HOA Fees

  • $1,486 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 21st floor

Interior Spaces

  • 1,135 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Kitchen and Dining Room
  • Clay Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Schools

  • Frederick Douglass Elementary School
  • Jose De Diego Middle School

Utilities

  • Cooling Available
  • Heating Available
  • Co-Op Membership Included
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-5860

Community Details

Overview

  • Association fees include HVAC, insurance, roof, sewer, trash, water, internet
  • The Elser Subdivision
  • 47-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Wi-Fi

Recreation

  • Beach
  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,495

Year Built

Built in 2022

Lot Details

0

HOA Fees

$1,486 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
  • Entry Level: 21
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Separate Shower
  • Furnished: Furnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Clay
  • Living Area: 1135.0
  • Dining Room Type: Laundry
  • Stories: 47
  • Window Features: Blinds

Exterior Features

  • View: Bay, Water
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Bayfront
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Door Man, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1486.0
  • Community Features: Beach, Club Membership Available, Internet Access, Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: HVAC, Insurance, Roof, Sewer, Trash, Water, Internet

Schools

  • Elementary School: Frederick Douglass
  • Middle Or Junior School: Jose De Diego

Lot Info

  • Parcel #: 01-41-37-078-5860
  • Zoning Description: RES

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 23495.0

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 $22,321 $1,078,997 -- --
2024 $25,924 $1,172,823 -- --
2023 $25,924 $1,198,045 -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2025 10/02/25 For Sale $1,349,000 0.0% $1,189 / Sq Ft
08/25/2025 08/25/25 For Rent $6,999 -9.1% --
05/06/2025 05/06/25 For Rent $7,700 -- --
Source: BeachesMLS

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

MLS Number: R11128824

BeachesMLS

APN: 01-4137-078-5860

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 2118, Miami, FL

This home is located at 398 NE 5th St Unit 2118, Miami, FL 33132 and is currently priced at $1,349,000, approximately $1,188 per square foot. This property was built in 2022. 398 NE 5th St Unit 2118 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.

BeachesMLS 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
Arthur Covas
Listing Agent
Arthur Covas
Section Image
Linart Realty, LLC
(786) 705-8487