398 NE 5th Street 2805, Miami, FL 33132 (MLS# A12103466)

398 NE 5th Street 2805, Miami, FL 33132

New Listing
$699,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 442 Status: Active
Current Price: $699,000 List Date: 10/05/2026 Last Modified: 10/09/2026

Overview

Description

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

Listing Details MLS# A12103466

General Property Information

Unit Floor #
28
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
442
Living Area Main
442
Adjusted Area Main
442
Year Built
2022
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Senior Community YN
Yes
Waterfront YN
Yes
Stories Total
49
Furnished
Furnished

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Cable TV; Elevator Dining Area: Breakfast Area; Dining/Living Room; Eat-In Kitchen Exterior Features: Other Flooring: Ceramic Tile Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer Architectural Style: Other Cooling: Other Association Type: Condominium Heating: Electric; Other Interior Features: Bar; Elevator Listing Terms: Cash; Conventional; Other Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Other Restrictions; See Remarks Security Features: Elevator Secure; Fire Alarm; Grillwork; Lobby - Attended Special Information: Sold As-Is Tax Information: City/County View: Water; Other; Skyline Water Access: Other Water View: Intracoastal Waterfront Features: Bayfront; Intracoastal Showing Requirements: 24 Hour Notice; Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
699000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
398
Street Direction Prefix
NE
Street Name
5th
Street Suffix
Street
Unit Number
2805
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33132
Postal Code +4
2089
Postal Zip
33132
Subdivision Name
MAP OF MIAMI DADE CO. FL.
Area
2420
Elementary School
Frederick Douglass
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0141370781510
Subdivision Number
78
Flood Zone
X

Financial Information

Association YN
Yes
Association Fee
680
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
680
Membership Fee Required YN
Yes
Tax Annual Amount
10703
Tax Year
2025
Tax Legal Description
398 NE 5TH STREET CONDO UNIT 2805 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520

Status Change Information

Major Change Timestamp
2026-10-05T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-08

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
12
Leasing - Minimum Number of Days
Yes

Price Calculations

Current Price To SqFt
1581.44

Section Details

Parcel Number MLX
1510

Originating Details

Originating System Key
566270209
Originating System ID
M00000151
IDX
Listing Office: Cays LLC
Source MLS Verified
Last Updated: October - 09 - 2026
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