398 NE 5th Street 3509, Miami, FL 33132 (MLS# A12110661)

398 NE 5th Street 3509, Miami, FL 33132

$1,700,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 983 Status: Active
Current Price: $1,700,000 List Date: 10/21/2026 Last Modified: 10/30/2026

Overview

Description

Unparalleled Luxury & High-Yield Potential at The Elser Hotel & Residences!Experience ultimate elevated living in this pristine 35th-floor corner residence featuring 2 Bedrooms and 2 Full Bathrooms across 983 sq ft of smartly designed space. Built in 2022, this modern turn-key condo delivers breathtaking skyline views, premium finishes, and floor-to-ceiling windows flooded with natural light.Perfectly positioned in the heart of Downtown Miami—just steps from Bayside Marketplace, Kaseya Center, and world-class dining—this unit offers unrestricted short-term rental capabilities (Airbnb/VRBO approved), making it a dream opportunity for both savvy investors looking for maximum ROI and buyers seeking a luxurious urban retreat.Building amenities include a resort-style pool deck with skyline views, 24/7 fitness center, concierge, sky lounge, and full-service hospitality management. Located in Flood Zone X. Don't miss this rare high-floor unit in one of Miami's most coveted destinations— ...

Listing Details MLS# A12110661

General Property Information

Unit Floor #
35
Property Sub Type
Stock Cooperative
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
983
Living Area Main
983
Adjusted Area Main
983
Year Built
2022
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Senior Community YN
No
Stories Total
49

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Amenities: Maintenance Association Fee Includes: Cable TV; Common Areas; Elevator; Internet; Pool Service; Recreation Facility; Security; Water Exterior Features: None Flooring: Ceramic Tile Leasing Permitted Details: Short Term Rentals Allowed Special Listing Conditions: Real Estate Owned Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Construction Materials: Block Cooling: Central Air Association Type: Co-Op; Condominium Heating: Central Interior Features: Elevator; Walk-In Closet(s) Listing Terms: Cash; Conventional; FHA Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Other Restrictions Security Features: Security System; Smoke Detector(s) Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit View: Water; Skyline Water View: Ocean Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
1700000
Occupant Type
Vacant

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
3509
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33132
Postal Code +4
2152
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
Yes
Parcel Number
0141370782940
Subdivision Number
78
Flood Zone
X

Financial Information

Association YN
Yes
Association Fee
1511
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
1511
Membership Fee Required YN
Yes
Tax Annual Amount
27838
Tax Year
2025
Tax Legal Description
398 NE 5TH STREET CONDO UNIT 3509 UNDIV 0.2489% INT IN COMMON ELEMENTS OFF REC 33416-1520

Status Change Information

Major Change Timestamp
2026-10-21T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-29

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Minimum Number of Days
Yes

Price Calculations

Current Price To SqFt
1729.39

Section Details

Parcel Number MLX
2940

Originating Details

Originating System Key
567946629
Originating System ID
M00000151
IDX
Listing Office: EXP Realty LLC
Source MLS Verified
Last Updated: October - 30 - 2026
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