Premier Brokers International
398 NE 5th Street 3811, Miami, FL 33132
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A11969815
$1,335,000

398 NE 5th Street 3811, Miami, FL 33132

Beds
2
Baths
2
Sqft
818
Est. payment$11,132/mo
Home type
Condominium
Year built
2024
Lot size
—
Price / sqft
$1,632
HOA
$1,543/mo
Community
MAP OF MIAMI DADE CO. FL.

Property description

Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night.The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one. Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery.Located in one of Downtown Miami’s most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility.A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.

Listing activity

Days on market
244
Listed
Feb 21, 2026
MLS listing updated
Oct 6, 2026
Feed last checked
Just now

Listed by Piero Ruggeri · COSMORE Florida Corp.

Map

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Other
Flooring
Other
Appliances
Other
Other equipment
Other

Heating & cooling

Heating
Other
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1
Parking features
Covered, Valet
Attached garage
No

Exterior

Stories
55
Building area
818 sqft
Exterior features
Other
View
Intracoastal, Bay, Water
Waterfront
Other, Bay, Ocean
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Architectural style
Other
Year built
2024
New construction
Yes

Materials

Construction
Block
Property condition
New Construction
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
MAP OF MIAMI DADE CO. FL.
MLS area
2420
Security
Other
Pets allowed
Pet Restrictions Possible, Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,543 monthly
Estimated monthly dues
$1,543
Amenities
Other
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
A11969815
Possession
Negotiable
Original list price
$1,385,000
Parcel number
0141370783650
Annual property tax
$23,931
Tax year
2025
Tax legal description
398 NE 5TH STREET CONDO UNIT 3811 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520
Additional MLS details

Reported by the listing source

Association Amenities
Other
Association Fee Frequency
Monthly
Association
Yes
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
818
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
244
Elementary School
Frederick Douglass
High School
Booker T. Washington
List Price
1335000
Listing Contract Date
2026-02-21
Living Area
818
MLSArea Major
2420
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-02-21
Photos Count
19
Postal Code
33132
Price Change Timestamp
2026-10-06T14:48:19Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Other
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-02-21T05:00:00Z
Stories Total
55
Subdivision Name
MAP OF MIAMI DADE CO. FL.
Waterfront Features
Other, Bay, Ocean
Tax Annual Amount
23931
Bathrooms Full
2
Bedrooms Total
2
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
1543

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

DateEventPrice
Feb 21, 2026ListedMIAMI REALTORS® MLS$1,385,000$1,693/sqft
Oct 6, 2026Price reducedMIAMI REALTORS® MLS$1,335,000$1,632/sqft

Public tax history

YearProperty taxesAssessment
2025$23,931—

Payment calculator

Estimated monthly payment$11,132/moIllustrative estimate, not a loan offer.
Principal & interest
$6,927
Property taxes
$1,994
Insurance
$668
Association dues
$1,543

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

MAP OF MIAMI DADE CO. FL.

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of COSMORE Florida Corp.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.