The Elser 398 NE 5th St Unit 3901 Floor 39 Miami, FL 33132
Downtown Miami NeighborhoodEstimated payment $9,608/month
Highlights
- Valet Parking
- 3-minute walk to College/Bayside
- Bay View
- Fitness Center
- Private Pool
- Main Floor Bedroom
About This Home
An elegant, high-floor residence created for those who want to experience Miami with ease without the responsibilities of full-time ownership.Perfectly positioned in Downtown Miami, this turnkey unit functions as a refined pied-à-terre for buyers who value proximity to Brickell, Miami Beach, the Design District, and the airport, making arrivals and departures effortless. Whether used as a personal retreat or a flexible city base, the location offers unmatched connectivity to Miami’s most vibrant neighborhoods.When not in residence, owners may participate in professionally managed short-term rental programs, allowing the property to generate income in a fully hands-off manner. This structure is ideal for buyers who prefer simplicity and professional oversight rather than day-to-day rental operations.This is not a traditional investment property, it is a lifestyle-driven asset designed for those seeking flexibility, convenience, and optional revenue without operational complexity.Vacant and available for private showings.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $22,418
Year Built
- Built in 2022
HOA Fees
- $1,769 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Property Views
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,150 Sq Ft Home
- Furnished
- Built-In Features
- Bar
- Blinds
- Combination Dining and Living Room
- Tile Flooring
- Home Security System
Kitchen
- Oven
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Closet Cabinetry
- Walk-In Closet
- 3 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Private Pool
- Balcony
- Open Patio
- Outdoor Living Area
Schools
- Frederick Douglass Elementary School
- Jose De Diego Middle School
- Booker T. Washington High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0141370780260
Community Details
Overview
- Association fees include cable TV, trash, water
- Map Of Miami Dade Co. Fl. Subdivision
- Maintained Community
- 1-Story Property
Amenities
- Valet Parking
- Picnic Area
Recreation
- Community Spa
Pet Policy
- Pets Allowed with Restrictions
Security
- Card or Code Access
- Secure Elevator
Map
About The Elser
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $24,471 | $1,145,981 | ||
| 2024 | $27,250 | $1,259,320 | ||
| 2023 | $27,250 | $1,259,320 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $1,300,000 | -- | $1,130 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11790416
APN: 01-4137-078-0260
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Ask me questions while you tour the home.