398 NE 5th St 3811 Miami, FL $ 1,385,000
398 NE 5th St 3811
$ 1,385,000
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398 NE 5th St 3811

Miami, FL, 33132
$ 1,385,000
Bedrooms2 Baths2.0 Sq 818

Monthly Estimate*

$ 8,528

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Condo for sale in Miami, FL

for $1,385,000 with 2 bedrooms and 2 full baths. This 818 square foot condo was built in 2024.

Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night. The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one. Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery. Located in one of Downtown Miami’s most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility. A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.

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Condo Active

Price

$ 1,385,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 23,931

Style

Year Built

2024

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11969815

Features
General
Heating Other
Cooling Central Air
Possession ClosingFunding
Appliances Other
HOA Fee 1543
Garage Spaces 1
Association Fee Includes Other
Architectural Style Other
Security Features Other
Restrictions Daily Rentals Allowed
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 2024
View Bay Intercoastal Water
Unit Number 3811
Property Subtype Condominium
Tax Year 2025
Waterfront Features Bayfront Ocean Front
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Other
Subdivision Name MAP OF MIAMI DADE CO. FL.
Garage Y/N true
Total Rooms 0
Full Baths 2
Status Active
City Miami
Disclosures Other
Entry Location 38
Senior Community Y/N false
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional
Property Attached Y/N true
Year Built Details New Construction
Tax Annual Amount 23931
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11969815
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Condominium
Legal Description 398 NE 5TH STREET CONDO UNIT 3811 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520
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Interior
Interior Amenities Other
Flooring Other
Total Stories 55
Air Conditioning Y/N true
Half Baths 0
Total Bedrooms 2
Entry Level 38
Total Baths 2
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Exterior
Exterior Amenities Other
Parking Features Covered One Space Valet
Building Area Total 818
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Cosmore Florida Corp.

Broker

pruggeri@cosmore.com

Email

Affordability Calculator

$10,522
Per Month
81%
19%
0%
Monthly Principal & Interest
$8,528
Monthly Property Taxes
$1,994
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2026$1,385,000 Listed Price

Map


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398 NE 5th St 3811, Miami, FL, 33132 is a Condo for sale at $1,385,000 with 818 sqft. 398 NE 5th St 3811 has 2 bedrooms, 2.0 baths, and was built in 2024. The property's zip code is 33132 which is in Miami, FL