ActiveMLS® A12077007

$1,299,000

398 NE 5th 4118, Miami, FL 33132

Beds: 3
Baths: 3
Sqft: 1,135

Est. payment$11,052/mo

Home type: Condominium
Year built: 2022
Lot size: —
Price / sqft: $1,144
HOA: $1,716/mo
Community: The Elser Residences

Property description

Fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, with daily rentals permitted. Featuring floor-to-ceiling impact windows, modern open-concept design, and stunning Biscayne Bay and Miami skyline views. Turnkey and ideal for personal use or income generation. Enjoy resort-style amenities including rooftop pool, fitness center, 24-hour concierge, valet, and more, just steps from Bayfront Park, dining, entertainment, and the waterfront.

Listing activity

Days on market: 59
Listed: Aug 26, 2026
MLS listing updated: Sep 12, 2026
Feed last checked: 10 minutes ago

Listed by Juan I Castro · EXP Realty LLC

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: Built-in Features, Closet Cabinetry, Elevator, Other
Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0

Exterior

Stories: 47
Exterior features: Balcony, Lighting
View: Bay, Water
Waterfront: None, Bay
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 2022
New construction: No

Materials

Construction: Block, CBS
Property condition: Resale

Utilities & green energy

Utilities

Electric: Circuit Breakers

Community & HOA

Community

Subdivision: The Elser Residences
MLS area: 2420
Security: Fire Alarm, Fire Sprinkler System, Lobby - Attended, Security Guard, Security System, Smoke Detector(s)
Pets allowed: Yes
55+ community: No

Association

Has association: Yes
Association fee: $1,716 monthly
Estimated monthly dues: $1,716
Amenities: Maintenance, Pool, Bar, Business Center, Clubhouse, Elevator(s), Fitness Center, Lobby, Parking, Picnic Area, Sauna, Spa/Hot Tub, Trash Chute
Services included: Recreation Facility, Pool Service, Cable TV, 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: A12077007
Possession: Close Of Escrow
Original list price: $1,399,000
Parcel number: 0141370786060
Annual property tax: $23,345
Tax year: 2025
Tax legal description: 398 NE 5TH STREET CONDO UNIT 4118 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Bar, Business Center, Clubhouse, Elevator(s), Fitness Center, Lobby, Parking, Picnic Area, Sauna, Spa/Hot Tub, Trash Chute
Association Fee Frequency: Monthly
Association Fee Includes: Recreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Insurance, Maintenance Structure, Sewer, Trash, Water
Association: Yes
Bathrooms Total Decimal: 3
Bathrooms Total Integer: 3
Construction Materials: Block, CBS
County Or Parish: Miami-Dade
Days On Market: 59
Elementary School: Frederick Douglass
High School: Booker T. Washington
List Price: 1299000
Listing Contract Date: 2026-08-26
Living Area: 1135
MLSArea Major: 2420
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2026-08-26
Photos Count: 34
Postal Code: 33132
Price Change Timestamp: 2026-09-12T19:51:55Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Fire Alarm, Fire Sprinkler System, Lobby - Attended, Security Guard, Security System, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-08-26T04:00:00Z
Stories Total: 47
Subdivision Name: The Elser Residences
Waterfront Features: None, Bay
Tax Annual Amount: 23345
Bathrooms Full: 3
Bedrooms Total: 3
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 1716

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
Aug 26, 2026	ListedMIAMI REALTORS® MLS	$1,399,000$1,233/sqft
Sep 12, 2026	Price reducedMIAMI REALTORS® MLS	$1,299,000$1,144/sqft

Public tax history

Year	Property taxes	Assessment
2025	$23,345	—

Payment calculator

Estimated monthly payment$11,052/moIllustrative estimate, not a loan offer.

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

Principal & interest: $6,740
Property taxes: $1,945
Insurance: $650
Association dues: $1,716

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 Residences

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.

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