398 NE 5th St 3901

About this home

An elegant, high-floor residence created for those who want to experience Miami with ease without the responsibilities of full-time ownership. Perfectly positioned in Downtown Miami, this turnkey unit functions as a refined pied-à-terre for buyers who value proximity to Brickell, Miami Beach, the Design District, and the airport, making arrivals and departures effortless. Whether used as a personal retreat or a flexible city base, the location offers unmatched connectivity to Miami’s most vibrant neighborhoods. When not in residence, owners may participate in professionally managed short-term rental programs, allowing the property to generate income in a fully hands-off manner. This…

Facts & features

MLS ID

A11790416

Property type

Condominium

Neighborhood

Miami

Building

The Elser Hotel & Residences

Year built

2022

Beds

3

Baths

3

Interior

1,150 sq ft

Price per sq ft

$956

HOA

$1,769 per month

Furnished

Furnished

Pets

Yes — conditional

Waterfront

No

Covered parking

1

Floor

39

Listed

Apr 24, 2025

Days on market

354

Reduced from

$1,300,000

Property tax

$22,418 per year (2025)

Financing accepted

Cash, Conventional

Listing conditions

Listed as is

Appliances

Built in oven, Dishwasher, Dryer, Electric range, Microwave, Refrigerator, Washer

Interior features

Bar, Bedroom on main level, Built in features, Closet cabinetry, First floor entry, Living dining room, Main living area entry level, Shower only, Walk in closets

Exterior features

Balcony, Security high impact doors

Flooring

Tile

Windows

Blinds, Impact glass

Parking

Attached, Garage, One space, Valet

Security

Elevator secured, Key card entry, Lobby secured

Heating

Central, Electric

Cooling

Central air, Electric

HOA covers

Amenities, Cable TV, Trash, Water

Schools

Zoned public schools by county attendance boundary. Boundaries change — confirm enrollment eligibility with the school district before relying on this. Letter grades and School of Excellence designations are the Florida Department of Education’s, each for the year shown beside it.

Elementary

Douglass, Frederick ElementaryB2025-26Florida Department of Education school grade B, 2025-26 school year

Middle

de Diego, Jose MiddleB2025-26Florida Department of Education school grade B, 2025-26 school year

High

Washington, Booker T. Senior HighB2025-26Florida Department of Education school grade B, 2025-26 school year

Location

398 NE 5th St 3901