Condominium
398 NE 5th St # 3805
398 NE 5th St # 3805, Miami FL 33132
$499,000
1 Bed · 1 Bath · 442 SqFt
See estimated monthly costThis listing is courtesy of London Foster Realty. Daniel Mordechai
Overview
Unit 3805 at The Elser offers a turnkey studio residence in the heart of Downtown Miami, ideal as a pied-à-terre or investment opportunity. The residence features a full kitchen, in-unit washer and dryer, contemporary finishes, and impressive views from the 38th floor. Owners have the option to enroll in the Highgate hotel rental program, providing professional management for nightly rentals and added flexibility for investors. The Elser offers an exceptional collection of resort-style amenities, including a spectacular pool deck, state-of-the-art fitness center, lounge areas, and more. Ideally located near Miami Worldcenter, Kaseya Center, Bayside Marketplace, dining, entertainment, and the waterfront. A unique opportunity to own a flexible residence in the center of Miami’s rapidly evolving urban core.
Facts & features
Interior
- Living area (sq ft)
- 442
- Full bathrooms
- 1
- Lobby
- Elevator
Building & exterior
- Year built
- 2022
- Garage spaces
- 1
- Covered spaces
- 1
- Canal
- Other View
- Other
HOA (homeowners association)
- Association fee
- $2,062 per month
- Pets allowed
- Yes
- Business Center
- Exercise Room
- Daily Rentals Allowed
Taxes
- Annual tax
- $10,780
- Tax year
- 2025
- Parcel number
- 01-41-37-078-1610
Listing
- MLS number
- A12091734
- Property type
- Condominium
- Price per SqFt
- $1,129
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- On market since
- Sep 18, 2026
- Days on market
- 0
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 18, 2026 | Listed | $49,900 | — |
| Sep 18, 2026 | Price change | $499,000 | +$449,100 (+900.0%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$5,858 per month
- Principal & interest (30 yr)
- $2,523
- Property tax
- $898
- Insurance (estimated)
- $374
- Association fee
- $2,062
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
Nearby schools
- New World School of the Arts
- School For Advanced Studies Wolfson
- Law Enforcement Officers Memorial Senior High
- Downtown Miami Charter School
- School Board Adm - Main Building
- Anna Brenner Meyers Telecommunication Complex
- K-12 Distance Learning
- iPrep Academy
- Primary Learning Center
- Miami-Dade Online Academy
- Key Point Academy Downtown
- School Board Adm -Garage
- The Learning World Academy in Downtown
- KLA Schools of Brickell
- RJW The Academy of Arts Sciences
Similar homes nearby
Active listings within two miles, with a comparable size and price.
398 NE 5th St # 4716, Miami FL 33132
$474/mo HOA
Miami Masterpiece
398 NE 5th St # 4712, Miami FL 33132
$440/mo HOA
Miami Masterpiece
398 NE 5th St # 2007, Miami FL 33132
$600/mo HOA
EXP Realty LLC
398 NE 5th St # 3104, Miami FL 33132
$681/mo HOA
EXP Realty LLC
398 NE 5TH Street # 1515, Miami FL 33132
$861/mo HOA
Compass Florida, LLC
398 NE 5th St # 2904, Miami FL 33132
$494/mo HOA
Price cut: $80,001 (−11.8%)
Keller Williams Eagle Realty
398 NE 5th St # 4412, Miami FL 33132
$474/mo HOA
Miami Masterpiece
398 NE 5th St # 2116, Miami FL 33132
$557/mo HOA
United Realty Group Inc
Comparables in this building
- 398 NE 5th Street # 2403, Miami FL 33132 $415,000
- 398 NE 5th St # 3008, Miami FL 33132 $450,000
- 398 NE 5th St # 4507, Miami FL 33132 $520,000
- 398 NE 5th St # 1905, Miami FL 33132 $420,000
Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.