ActiveMLS® A12057376

$1,379,000

398 NE 5th Street 3711, Miami, FL 33132

Beds: 2
Baths: 2
Sqft: 818

Est. payment$11,284/mo

Home type: Condominium
Year built: 2022
Lot size: —
Price / sqft: $1,686
HOA: $1,511/mo
Community: MAP OF MIAMI DADE CO. FL.

Property description

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.

Listing activity

Days on market: 94
Listed: Jul 22, 2026
MLS listing updated: Sep 9, 2026
Feed last checked: 6 minutes ago

Listed by Carlo Ortiz · Xcellence

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: Closet Cabinetry, Elevator
Flooring: Tile
Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
Window features: Skylight(s)

Heating & cooling

Heating: Central, Electric
Cooling: Central Air, Electric

Property

Parking

Garage spaces: 2
Garage: Yes
Covered spaces: 2
Parking features: Attached, Attached Garage, Covered, Garage, Valet
Attached garage: Yes

Exterior

Stories: 49
Building area: 818 sqft
Patio & porch: Deck
Exterior features: Barbecue
Pool features: Private
View: Bay, Skyline
Waterfront: Other, None, Bay
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 2022
New construction: Yes

Materials

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

Utilities & green energy

Utilities

Utilities: Cable Available
Green features: Appliances, HVAC

Community & HOA

Community

Subdivision: MAP OF MIAMI DADE CO. FL.
MLS area: 2420
Security: Elevator Secure, Key Card Entry, Security System
Pets allowed: No Restrictions, Yes
55+ community: No

Association

Has association: Yes
Association fee: $1,511 monthly
Estimated monthly dues: $1,511
Amenities: Maintenance, Pool, Bar, Elevator(s), Lobby, Parking, Picnic Area, Sauna, Spa/Hot Tub, Trash Chute, Other
Services included: Cable TV, Common Areas, Elevator, HVAC Maintenance, Insurance, Internet, Maintenance Structure, 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: A12057376
Possession: Close Of Escrow
Original list price: $1,520,000
Parcel number: 0141370783640
Annual property tax: $23,136
Tax year: 2025
Tax legal description: 398 NE 5TH STREET CONDO UNIT 3711 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Bar, Elevator(s), Lobby, Parking, Picnic Area, Sauna, Spa/Hot Tub, Trash Chute, Other
Association Fee Frequency: Monthly
Association Fee Includes: Cable TV, Common Areas, Elevator, HVAC Maintenance, Insurance, Internet, Maintenance Structure, Water
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 818
Construction Materials: Block, Concrete Block - No Stucco
County Or Parish: Miami-Dade
Days On Market: 94
Elementary School: Frederick Douglass
Green Energy Efficient: Appliances, HVAC
High School: Booker T. Washington
List Price: 1379000
Listing Contract Date: 2026-07-22
Living Area: 818
MLSArea Major: 2420
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2026-07-22
Patio And Porch Features: Deck
Photos Count: 44
Postal Code: 33132
Price Change Timestamp: 2026-07-24T17:56:31Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Elevator Secure, Key Card Entry, Security System
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-07-22T04:00:00Z
Stories Total: 49
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Waterfront Features: Other, None, Bay
Tax Annual Amount: 23136
Bathrooms Full: 2
Bedrooms Total: 2
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 1511

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
Jul 22, 2026	ListedMIAMI REALTORS® MLS	$1,520,000$1,858/sqft
Jul 24, 2026	Price reducedMIAMI REALTORS® MLS	$1,379,000$1,686/sqft

Public tax history

Year	Property taxes	Assessment
2025	$23,136	—

Payment calculator

Estimated monthly payment$11,284/moIllustrative estimate, not a loan offer.

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

Principal & interest: $7,155
Property taxes: $1,928
Insurance: $690
Association dues: $1,511

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

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