Condominium

398 NE 5th St # 1708

398 NE 5th St # 1708, Miami FL 33132 Get directions

$490,000

For Sale New — 1 day on market

1 Bed · 1 Bath · 485 SqFt

See estimated monthly cost

This listing is courtesy of Coldwell Banker Realty. Ana Teresa Rodriguez

Overview

In the heart of Downtown Miami, The Elser sets a new standard for luxury living and smart investment. This stunning studio is not just a home; it's an opportunity. Allows short term rentals managed across top rental platforms like Airbnb, VRBO, it offers you the chance to earn income or as a personal getaway. Enjoy breathtaking views, 24/7 concierge, smart technology, and EV charging. The amenities? Unmatched. Dive into a resort-style pool, unwind in exclusive lounge areas, and work seamlessly in our state-of-the-art co-working space. Steps away from Miami's best – Whole Foods, FTX Arena, South Beach. The Elser is not just a residence; it's the pinnacle of Miami living. Whether you're looking for your next home or a smart investment, welcome to your future in Miami.

Facts & features

Interior

Living area (sq ft)
485
Full bathrooms
1
Furnished
Furnished
  • Lobby
  • First Floor Entry
  • Elevator
  • Other
  • Skylight

Building & exterior

Year built
2022
Garage spaces
1
Covered spaces
1
Waterfront
Yes
  • Bay
  • Intracoastal View
  • Intracoastal Front
  • Other
  • Open Balcony
  • 1 Space
  • Valet

HOA (homeowners association)

Association fee
$1,300 per quarter
Pets allowed
Yes
  • Bar
  • Business Center
  • Elevator(s)
  • Exercise Room
  • Other
  • Pool
  • No Trucks/Rv'S
  • Ok To Lease
  • See Broker Remarks
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$7,075
Tax year
2025
Parcel number
01-41-37-078-2420

Listing

MLS number
A12119621
Property type
Condominium
Price per SqFt
$1,010
Subdivision
The Elser Condo
On market since
Nov 9, 2026
Days on market
1

Estimated monthly cost

$3,868 per month

Principal & interest (30 yr)
$2,478
Property tax
$590
Insurance (estimated)
$368
Association fee
$433

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • New World School of the Arts Public · 9-12 · 0.31 mi
  • School For Advanced Studies Wolfson Public · 11-12 · 0.31 mi
  • Law Enforcement Officers Memorial Senior High Public · 9-12 · 0.58 mi
  • Downtown Miami Charter School Charter · K-6 · 0.65 mi
  • School Board Adm - Main Building Public · 0 · 0.71 mi
  • Anna Brenner Meyers Telecommunication Complex Public · 0 · 0.74 mi
  • K-12 Distance Learning Public · K-12 · 0.74 mi
  • iPrep Academy Public · PK-12 · 0.75 mi
  • Primary Learning Center Public · PK-4 · 0.75 mi
  • Miami-Dade Online Academy Public · K-12 · 0.75 mi
  • Key Point Academy Downtown Private · PK-12 · 0.76 mi
  • School Board Adm -Garage Public · 0 · 0.79 mi
  • The Learning World Academy in Downtown Private · PK-01 · 0.80 mi
  • KLA Schools of Brickell Private · NS-PK · 0.84 mi
  • RJW The Academy of Arts Sciences Private · KG-11 · 0.84 mi

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