Condominium
398 NE 5th Street # 3907
398 NE 5th Street # 3907, Miami FL 33132 Get directions
$740,000
1 Bed · 1 Bath · 442 SqFt
See estimated monthly costThis listing is courtesy of Galt Ocean Realty Inc. Julian Morales
Overview
Beautiful and captivating studio on the 39th Floor at The Elser Residences. This unit is an amazing opportunity for investors and buyers alike. With this unit you are getting a beautiful and comfy studio where you can kickback and enjoy in any way you see fit! Overlooking the Kesaya Center and ocean bay you'll be close to some of the best attractions Miami has to offer. Including, the Frost Museum, Perez Art Museum, Bayfront Park and Bayside Marketplace there are numerous things to do. The Elser provides a fitness center, pool, spa and sauna for all your relaxation needs as well. Having such a vast amount of choices in amenities this makes for an amazing rental that you can manage on your own or with The Elser's rental program.
Facts & features
Interior
- Living area (sq ft)
- 442
- Full bathrooms
- 1
- Furnished
- Furnished,Furniture Only
- Interior Hall
- Closet Cabinetry
- Walk-In Closet(s)
- Studio Apartment
Building & exterior
- Year built
- 2022
- Garage spaces
- 1
- Covered spaces
- 1
- Pool
- Yes
- Waterfront
- Yes
- Bay
- Ocean
- Water
- Bay View
- Direct Ocean
- Ocean View
- Ocean Front
- Open Balcony
- 1 Space
- Awning
- Covered
- Electric Vehicle Charging Station(s)
- Guest
- Parking Garage
- Valet
HOA (homeowners association)
- Association fee
- $567 per month
- Bar
- Gated
- Community Pool
- Elevator(s)
- Exercise Room
- Heated Pool
- Maintained Community
- Pool
- Private Pool
- Sauna
- Spa/Hot Tub
- Assoc Approval Required
- Daily Rentals Allowed
- No Restrictions
- Yes
Taxes
- Annual tax
- $11,509
- Tax year
- 2025
- Parcel number
- 01-41-37-078-2300
Listing
- MLS number
- B26050574
- Property type
- Condominium
- Price per SqFt
- $1,674
- Subdivision
- MAP OF MIAMI DADE CO. FL. ,The Elser
- On market since
- Jul 9, 2026
- Days on market
- 126
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 9, 2026 | Listed | $850,000 | — |
| Nov 12, 2026 | Price change | $740,000 | −$110,000 (−12.9%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$5,823 per month
- Principal & interest (30 yr)
- $3,742
- Property tax
- $959
- Insurance (estimated)
- $555
- Association fee
- $567
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
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