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398 NE 5th St # 3711, Miami FL 33132

MAP OF MIAMI DADE CO. FL., Miami

2 beds · 2 baths · 818 ft²Active

$1,379,000

Est. payment $6,973/mo
MLS Sheet

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Facts

MLS #
A12057376
Property type
Residential
Property sub type
Condominium
Style
Corner Unit, High Rise
Year built
2022 (Resale)
County
Miami-Dade County
Subdivision
MAP OF MIAMI DADE CO. FL.
Sq. ft.
818 ft²
Price per sq ft
$1,686 per sq ft
Days on market
49 days
Last updated
September 9, 2026
Date listed
July 22, 2026

Remarks

Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.

Financial considerations

HOA fee
$1,511 / Monthly
Tax year
2025
Tax amount
$23,136
Listing terms
All Cash, Conventional
Tax legal description
398 NE 5TH STREET CONDO UNIT 3711 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520

Exterior features

Waterfront
Yes
View
Bay, Skyline
Construction type
Concrete Block Construction, Concrete Block With Brick
Parking
1 Space, Covered, Valet
Additional features
Barbeque

Interior features

Floor
Tile
Heating
Central, Electric
Cooling
Central Air, Electric
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Window features
Clear Impact Glass, Skylight
Additional features
Lobby, Closet Cabinetry, Elevator, Skylight

Additional features

Garage spaces
2
Covered spaces
2
Levels
1
Pets allowed
Yes
Pool
Yes
Stories
49
Public survey section
37
Public survey township
41

Location

Nearby public schools

Schools

Public schools within 3 miles, nearest first.

Elementary

  • Downtown Miami Charter School

    0.6 mi · Grades KG–05 · Charter

    District: Miami-Dade

  • Frederick R. Douglass Elementary

    0.8 mi · Grades PK–05

    District: Miami-Dade

  • Miami Children's Museum Charter School

    0.9 mi · Grades KG–05 · Charter

    District: Miami-Dade

Middle

  • Mater Brickell Academy Middle

    1.4 mi · Grades 06–08 · Charter

    District: Miami-Dade

  • Sports Leadership And Management Charter School Middle Scho

    1.6 mi · Grades 06–08 · Charter

    District: Miami-Dade

  • Jose De Diego Middle School

    2.1 mi · Grades 06–08

    District: Miami-Dade

High

  • New World School Of The Arts

    0.3 mi · Grades 09–12

    District: Miami-Dade

  • School For Advanced Studies-Wolfson

    0.3 mi · Grades 11–12

    District: Miami-Dade

  • Miami Tech At Mater Innovation Academy

    0.3 mi · Grades 09–12 · Charter

    District: Miami-Dade

Distances are straight-line. School assignment depends on attendance boundaries set by the school district; confirm eligibility directly with the district.

Source: U.S. Department of Education, National Center for Education Statistics (NCES), Common Core of Data, 2024-25 school year.

Mortgage calculator

Estimated monthly payment

$10,412/mo

Principal and interest
$6,973
Property tax
$1,928
HOA fee
$1,511

Estimate for orientation only, not an offer of credit. The default rate is illustrative; actual terms, taxes and insurance depend on the lender and your profile.

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MLS A12057376

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MIAMI REALTORS® / Southeast Florida MLS

IDX information

IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified.

Listing information is presented by The Costa Group Miami, a real estate team affiliated with Fortune Christie's International Real Estate. MLS data is supplied through the licensed SEFMLS data feed.

Listing brokerage: Xcellence.

MLS data last updated Sep 9, 2026, 4:02 PM.

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