PendingMLS® A12004294

$1,099,000

398 NE 5th Street 1809, Miami, FL 33132

Beds: 3
Baths: 3
Sqft: 976

Est. payment$9,958/mo

Home type: Condominium
Year built: 2022
Lot size: —
Price / sqft: $1,126
HOA: $1,501/mo
Community: The Elser

Property description

INVESTOR OPPORTUNITY: Priced nearly 40% below the last sale! Fully furnished 3BD/3BA at The Elser Hotel & Residences with NO RENTAL RESTRICTIONS: Airbnb, short-term, and daily rentals all permitted. Enjoy stunning Downtown views from the wraparound balcony. Features 9+ ft ceilings, porcelain wood-style tile, sleek kitchen w/ Italkraft cabinetry, quartz counters, & stainless steel appliances. Exceptional amenities: cocktail bar by Jaguar Sun, Café Domino coffee lounge, 132-ft pool w/ private cabanas, outdoor theater lawn, LED movie wall, two-story wellness center w/ yoga deck + spa, co-working spaces, & sky lounge. Prime location steps from Bayfront Park, world-class dining, museums, Kaseya Center, Wynwood, & more. Schedule your tour today!

Listing activity

Days on market: 13
Listed: Apr 20, 2026
MLS listing updated: Oct 31, 2026
Feed last checked: 10 minutes ago

Listed by Sepehr Niakan · Blackbook Properties

Map

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

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Bathrooms (decimal): 3
Full bathrooms: 3
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
Flooring: Tile, Wood
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Oven, Refrigerator, Washer, Other
Window features: Blinds
Other equipment: Other

Heating & cooling

Heating: Central, Electric
Cooling: Central Air, Electric

Property

Parking

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

Exterior

Stories: 47
Building area: 976 sqft
Exterior features: Balcony
View: Ocean, Intracoastal, Direct Ocean, Bay, Water, Skyline
Waterfront: Other, Bay
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 2022

Materials

Construction: CBS

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: The Elser
MLS area: 2420
Security: Elevator Secure, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Security System, Smoke Detector(s)
Pets allowed: Pet Restrictions Possible, Yes
55+ community: No

Association

Has association: Yes
Association fee: $1,501 monthly
Estimated monthly dues: $1,501
Amenities: Maintenance, Pool, Bar, Billiard Room, Business Center, Fitness Center, Management, Parking, Picnic Area, Sauna, Spa/Hot Tub, Other
Services included: Pool Service, Common Areas, Maintenance Grounds, Maintenance Structure, Security, 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: A12004294
Possession: Negotiable
Original list price: $1,099,000
Parcel number: 0141370782770
Annual property tax: $26,452
Tax year: 2025
Tax legal description: 398 NE 5TH STREET CONDO UNIT 1809 UNDIV 0.2472% INT IN COMMON ELEMENTS OFF REC 33416-1520
Special listing conditions: Short Sale

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Bar, Billiard Room, Business Center, Fitness Center, Management, Parking, Picnic Area, Sauna, Spa/Hot Tub, Other
Association Fee Frequency: Monthly
Association Fee Includes: Pool Service, Common Areas, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water
Association: Yes
Bathrooms Total Decimal: 3
Bathrooms Total Integer: 3
Building Area Total: 976
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 13
Elementary School: Frederick Douglass
High School: Booker T. Washington
List Price: 1099000
Listing Contract Date: 2026-04-20
Living Area: 976
MLSArea Major: 2420
Middle Or Junior School: Jose De Diego
Mls Status: Pending
On Market Date: 2026-04-20
Photos Count: 56
Postal Code: 33132
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Elevator Secure, Fire Sprinkler System, Key Card Entry, Secured Garage/Parking, Security System, Smoke Detector(s)
Senior Community: No
Standard Status: Pending
State Or Province: FL
Status Change Timestamp: 2026-05-04T19:58:35Z
Stories Total: 47
Subdivision Name: The Elser
Waterfront Features: Other, Bay
Tax Annual Amount: 26452
Bathrooms Full: 3
Bedrooms Total: 3
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 1501

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
Apr 20, 2026	ListedMIAMI REALTORS® MLS	$1,099,000$1,126/sqft

Public tax history

Year	Property taxes	Assessment
2025	$26,452	—

Payment calculator

Estimated monthly payment$9,958/moIllustrative estimate, not a loan offer.

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

Principal & interest: $5,702
Property taxes: $2,204
Insurance: $550
Association dues: $1,501

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

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

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