
MIAMI REALTORS® MLS398 NE 5th Street 3811, Miami, FL 33132
- Beds
- 2
- Baths
- 2
- Sqft
- 818
- 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
Price history
| Date | Event | Price |
|---|---|---|
| Feb 21, 2026 | ListedMIAMI REALTORS® MLS | $1,385,000$1,693/sqft |
| Oct 6, 2026 | Price reducedMIAMI REALTORS® MLS | $1,335,000$1,632/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $23,931 | — |
Payment calculator
- 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
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