$510,000
SOLD AUG 25, 2025

The Elser 398 NE 5th St Unit 3803 Miami, FL 33132

Downtown Miami Neighborhood
-- Bed
1 Bath
439 Sq Ft
$680/mo HOA Fee

Recently Sold

$1,162 Per Sq Ft

7% Below List Price

78 Days on Market

Highlights

  • Doorman
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Property Fronts a Bay or Harbor
  • Bar or Lounge
  • Business Center

About This Home

As of August 2025

Fully furnished studio in the iconic Elser building! Enjoy breathtaking views of the bay and city skyline from this beautifully appointed unit. Live in the heart of vibrant Downtown Miami, surrounded by top dining, entertainment, and cultural hotspots. The Elser offers unmatched flexibility — perfect for short-term rentals, long-term stays, or as your personal residence. Enjoy the top of the line amenities the building offers.

Last Agent to Sell the Property

Angela Canas

Coldwell Banker Realty License #3389198 Listed on: 05/26/2025

Coldwell Banker Realty

Last Buyer's Agent

Wendy Chawa

EXP Realty LLC License #3434857

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,621

Year Built

  • Built in 2022

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Property Views

  • Bay

Home Design

  • Condo Hotel

Interior Spaces

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

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Property Fronts a Bay or Harbor
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-0930

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Business Center
  • Bar or Lounge

Recreation

  • Community Playground
  • Fitness Center

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,621

Year Built

Built in 2022

Lot Details

0

HOA Fees

$680 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Entry Level: 38
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Condo-Hotel
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 439
  • Possible Use: Unknown/Withheld
  • Stories: 45
  • Bedroom Features: None

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: The Elser
  • Parking Features: 1 Space, Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2039
  • Amenities: Bar, Business Center, Child Play Area, Elevator(s), Exercise Room
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-0930

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
400 Biscayne Condo Owner Lp
Bought by
Inmoval Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,500
Outstanding Balance
$416,920
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$159,531
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $759,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $423,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $510,000 -7.3% $1,162 / Sq Ft
08/12/2025 08/12/25 Pending -- -- --
05/26/2025 05/26/25 For Sale $550,000 -- $1,253 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $11,273 $551,095 -- --
2024 $11,925 $580,100 -- --
2023 $11,925 $551,095 -- --
Source: Public Records

Agents Affiliated with this Home

  • Angela Canas

    Seller's Agent in 2025

    Angela Canas

    Coldwell Banker Realty

    (305) 725-7231

    6 in this area

    56 Total Sales

    Angela Canas
    Section Image
  • Wendy Chawa

    Buyer's Agent in 2025

    Wendy Chawa

    EXP Realty LLC

    (786) 329-0972

    1 in this area

    14 Total Sales

    Wendy Chawa
    Section Image
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About The Elser

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11810933

MIAMI REALTORS® MLS

APN: 01-4137-078-0930

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 3803, Miami, FL

This home is located at 398 NE 5th St Unit 3803, Miami, FL 33132 and is currently priced at $510,000, approximately $1,161 per square foot. This property was built in 2022. 398 NE 5th St Unit 3803 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.

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