ActiveMLS® F10546420

$1,090,000

398 NE 5th Street 2017, Miami, FL 33132

Beds: 2
Baths: 3
Sqft: 1,043

Est. payment$9,867/mo

Home type: Condominium
Year built: 2022
Lot size: 0 sqft
Price / sqft: $1,045
HOA: $1,500/mo
Community: The Elser

Property description

Turn-key, fully furnished unit @ The Elser. Located in the heart of Downtown Miami. Enjoy stunning 180-degree views from sunrise to sunset, with Biscayne Bay and vibrant city views as your backdrop. 2 Bedroom + Open Den with 3 full baths. Flexible use allows personal enjoyment, full-time living, or income-producing short-term rentals via hotel program or approved platforms. High-end design features a modern kitchen, washer & dryer, and private balcony. Hotel amenities include a wrap-around bayfront pool & bar, two-story fitness center, spa, business center, valet, concierge, and South Beach beach club service. Steps from Bayside Marketplace, Kaseya Center, Brightline, theraters, Brickell & minutes to Port of Miami & Wynwood. Live, rent, or both—luxury lifestyle and investment in one.

Listing activity

Days on market: 262
Listed: Feb 3, 2026
MLS listing updated: Oct 10, 2026
Feed last checked: 9 minutes ago

Listed by Maria Corina Martinez · Keller Williams Legacy

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Bathrooms (decimal): 3
Full bathrooms: 3
Half bathrooms: 0
Main-level bedrooms: 3
Main-level bathrooms: 3

Rooms & features

Rooms: 3
Interior features: Closet Cabinetry, Elevator
Flooring: Ceramic Tile, Tile
Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Water Heater
Furnished: Furnished
Window features: Drapes, Rods, Skylight(s)

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Covered spaces: 0
Parking features: Valet
Attached garage: No

Exterior

Stories: 49
Exterior features: Balcony, Lighting, Other
View: Bay, Pool, Other
Waterfront property: No

Lot

Lot size: 0 sqft
Lot size (acres): 0 acres

Construction

Type & style

Home type: Condominium
Structure type: Multi Family
Year built: 2022
New construction: No

Materials

Construction: Block, Concrete Block - No Stucco
Property condition: Resale

Utilities & green energy

Utilities

Utilities: Cable Available

Community & HOA

Community

Subdivision: The Elser
MLS area: 2410
Security: Key Card Entry, Security System, Smoke Detector(s)
Pets allowed: Breed Restrictions, Yes
55+ community: No

Association

Has association: Yes
Association fee: $1,500 monthly
Estimated monthly dues: $1,500
Amenities: Maintenance, Pool, Bar, Fitness Center, Lobby, Parking, Private Beach Pavilion, Sauna, Spa/Hot Tub
Services included: Recreation Facility, Pool Service, Common Areas, Elevator, Insurance, Maintenance Structure, Sewer, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33132

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: F10546420
Possession: Negotiable
Original list price: $1,200,000
Parcel number: 0141370785510
Annual property tax: $26,000
Tax year: 2025
Tax legal description: ¤MIAMI NORTH PB B-41 LOTS 1 THRU 4 LESS N10FT ALL OF LOTS 18 & 19 BLK 80 LOT SIZE 33182 SQ FT M/L
Special listing conditions: Standard

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Bar, Fitness Center, Lobby, Parking, Private Beach Pavilion, Sauna, Spa/Hot Tub
Association Fee Frequency: Monthly
Association Fee Includes: Recreation Facility, Pool Service, Common Areas, Elevator, Insurance, Maintenance Structure, Sewer, Trash, Water
Association: Yes
Bathrooms Total Decimal: 3
Bathrooms Total Integer: 3
Construction Materials: Block, Concrete Block - No Stucco
County Or Parish: Miami-Dade
Days On Market: 262
List Price: 1090000
Listing Contract Date: 2026-02-03
Living Area: 1043
Lot Size Acres: 0
Lot Size Area: 0
MLSArea Major: 2410
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Mls Status: Active
On Market Date: 2026-02-04
Photos Count: 47
Postal Code: 33132
Price Change Timestamp: 2026-10-10T00:37:58Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 3
Security Features: Key Card Entry, Security System, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-02-04T05:08:10Z
Stories Total: 49
Subdivision Name: The Elser
Tax Annual Amount: 26000
Bathrooms Full: 3
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 1500

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Feb 3, 2026	ListedBeachesMLS	$1,200,000$1,151/sqft
Oct 10, 2026	Price reducedBeachesMLS	$1,090,000$1,045/sqft

Public tax history

Year	Property taxes	Assessment
2025	$26,000	—

Payment calculator

Estimated monthly payment$9,867/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $5,656
Property taxes: $2,167
Insurance: $545
Association dues: $1,500

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

The Elser

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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