398 NE 5th Street 4001, Miami, FL 33132

$1,550,000 · Active

  • 3 beds
  • 3 baths
  • 1,150 sq ft
  • Condominium
  • Built 2022
  • HOA $1,776/mo
  • 1 garage space
  • Miami-Dade County
  • MLS# A12114472
  • Map Of Miami Dade Co. Fl.
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About this home

Experience panoramic Biscayne Bay and Downtown Miami views from this fully furnished 3-bedroom, 3-bathroom corner residence at The Elser Hotel & Residences. Floor-to-ceiling windows, 9'2" ceilings, and an expansive wraparound balcony create a bright setting for enjoying Miami’s waterfront and skyline. The thoughtfully appointed interior features a premium kitchen, high-end appliances, smart-home technology, and elegant furnishings. Short-term rental flexibility accommodates personal enjoyment and potential rental income, subject to applicable requirements. Resort-style amenities include an infinity pool, a state-of-the-art fitness center, concierge, and valet service. Ideally located near Bayfront Park, dining, shopping, and entertainment, this residence offers a distinctive opportunity to own in the heart of Downtown Miami. Contact us to arrange a private showing. UNIT RENTED.AVAILABLE TO RENT AIRBNB

Features

Schools

  • Elementary: Frederick Douglass
  • Middle: Jose De Diego
  • High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Urban Development & Investments LLC · jctalia@urban-usa.com · Listing agent: Vanesa Seijas

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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 4001.

Questions About 398 NE 5th Street 4001

How much is 398 NE 5th Street 4001?
398 NE 5th Street 4001 is listed at $1,550,000, which is about $1,348 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 4001?
The listing reports an association fee of $1,776 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 4001?
The listing reports annual property taxes of $23,423 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 4001 built?
398 NE 5th Street 4001 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 4001 been on the market?
398 NE 5th Street 4001 has been listed for 3 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 398 NE 5th Street 4001 waterfront?
Yes. The listing describes the water as none bayfront other. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 398 NE 5th Street 4001?
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.

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The 2 bedroom condo at 398 NE 5th Street 3509, Miami, FL 33132 is comparable and listed for sale at $1,700,000. Another comparable condo, 701 Brickell Key Boulevard 1912, Miami, FL 33131, sold for $1,255,000 in October 2026. Miami neighborhoods include Downtown Miami and Upper East Side. 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.