398 NE 5th Street 2004, Miami, FL 33132
$686,900 · Active
- 1 bed
- 1 bath
- 443 sq ft
- 16 days on market
- Condominium
- Built 2022
- HOA $2,055/mo
- 1 garage space
- Miami-Dade County
- MLS# A12112238
- Map Of Miami Dade Co. Fl.








About this home
Discover an exceptional opportunity to own at The Elser Hotel & Residences, in the heart of Downtown Miami! This fully furnished junior suite on the 20th floor offers 443 sq. ft. of living space, a functional open-concept layout, modern finishes, an equipped kitchen, in-unit washer and dryer, and a private balcony. Enjoy the perfect combination of comfort, luxury, and convenience in a premier high-rise building featuring resort-style amenities, including a spectacular pool overlooking Biscayne Bay, fitness center, concierge services, valet parking, dining options, and inviting social spaces. Ideally located steps from Miami Worldcenter, Kaseya Center, Bayside Marketplace, Brightline Station, and Downtown Miami's finest restaurants, shopping, and entertainment. Currently operated as a short-term rental through the hotel program, with the option to use another approved rental management company, subject to applicable regulations and agreements. An attractive opportunity for investors or those seeking a Miami getaway. Experience the vibrant Downtown Miami lifestyle at The Elser! The unit is currently enrolled in The Elser's hotel rental management program. Owners may choose to work with the hotel operator or another management company approved by the Commercial Parcel Owner. Short-term rentals are subject to the unit's Certificate of Use and applicable condominium regulations. All transient guests must register at the front desk. Buyers and their agents should independently verify rental restrictions, management agreements, association fees, approval requirements, and permitted uses. Contact the listing agent for additional information regarding rental management options and property details.
Schools
- Elementary: Frederick Douglass
- Middle: Jose De Diego
- High: Booker T. Washington
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Realty One Group Evolution · admin@realtyonegroupevolution.com · Listing agent: Carolina De Vasconcelos Gomez
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Schedule a showing
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 398 NE 5th Street 2004.
Before You Make an Offer
Own a Condo Like This One?
Condo buyers search by building, floor, view, floor plan and monthly cost, and the buyers working with BreakThru Realty tell us which buildings they want. If you own a unit in this building or one like it, a broker can compare it with those requirements before you list, and explain how the association's reserves, assessments and rules will shape the buyers you attract.
BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.
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Questions About 398 NE 5th Street 2004
- How much is 398 NE 5th Street 2004?
- 398 NE 5th Street 2004 is listed at $686,900, which is about $1,551 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
- What are the association fees at 398 NE 5th Street 2004?
- The listing reports an association fee of $2,055 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
- What are the property taxes on 398 NE 5th Street 2004?
- The listing reports annual property taxes of $10,640 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
- When was 398 NE 5th Street 2004 built?
- 398 NE 5th Street 2004 was built in 2022 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
- How long has 398 NE 5th Street 2004 been on the market?
- 398 NE 5th Street 2004 has been listed for 16 days. Days on market and price changes are the first signals of how much room there is to negotiate.
- Which schools serve 398 NE 5th Street 2004?
- The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
- How do I see 398 NE 5th Street 2004?
- Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.
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The condo at 398 NE 5th Street 3013, Miami, FL 33132 is comparable and listed for sale at $600,000. Another comparable condo, 601 NE 23 Street 1103, Miami, FL 33137, sold for $550,000 in November 2026. Other Miami neighborhoods include Belle Meade and Shorecrest. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Fisher Island, and Miami Beach. Compare it with the Miami housing market report.