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398 NE 5th St Apt 2016, Miami, FL 33132 listing image 1

For Sale

$409,000

$10k

398 NE 5th St Apt 2016, Miami, FL 33132

0Bed
1Bath
362SqFt

0Bed
1Bath
362SqFt

Property Type
Condo
Year Built
2022
HOA Fees
$474/mo
Price per Sqft
$1130
On highrises
47 Days
Garage
1 Car

Property Details

Experience the vibrant energy of downtown Miami in this fully furnished studio at The Elser Hotel and Residences. With modern design and floor-to-ceiling windows showcasing breathtaking views of Biscayne Bay, this unit offers a king-size bed, sofa bed, full kitchen, washer-dryer, and keyless entry for maximum convenience. Residents enjoy access to exceptional amenities, including a wraparound pool with a bar and restaurant, a two-story fitness center, and a jacuzzi. Located just steps away from iconic destinations like the Kaseya Center, Bayside Marketplace, Miami Worldcenter, and Brickell City Center, this studio is not only a luxurious home but also a prime investment opportunity for short-term rentals. CHECK VIRTUAL TOUR

Property Features

Bedrooms

Bedrooms: 0

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Interior Features

ClosetCabinetry
Bar
Flooring: CeramicTile

Appliances

Dryer
Dishwasher
ElectricRange
Disposal
Microwave
Refrigerator
Washer
Laundry Features: WasherHookup, DryerHookup

Heating and Cooling

Cooling Features: CentralAir
Heating Features: Central
Heating: Yes

Exterior and Lot Features

Balcony
SecurityHighImpactDoors
Patio And Porch Features: Balcony, Open

Pool and Spa

Pool Features: Association, Heated

Waterfront and Water Access

Bayfront

Garage and Parking

Covered Spaces: 1
Garage Spaces: 1
Parking Features: OneSpace, Valet

Home Features

View: Bay, Ocean, Water
Security Features: DoorMan, ElevatorSecured, LobbySecured, SmokeDetectors

Homeowners Association

Association: Yes
Association Amenities: Clubhouse, Elevators, FitnessCenter, Barbecue, PicnicArea, Playground, Pool, Sauna, Trash
Association Fee: 474
Association Fee Frequency: Monthly
Association Fee Includes: Amenities, CableTv, Internet, Water
Calculated Total Monthly Association Fees: 474
Pets Allowed: Conditional, Yes
Senior Community: No

Condo Info

Unit Location: High Rise

Rental Info

Lease Considered: No

Other Property Info

Annual Tax Amount: 9440
Source Listing Status: Active
County: Miami-Dade
Tax Year: 2023
Restrictions: DailyRentalsAllowed, NoRv, NoTruck, OkayToLease1stYear, OkToLease
Source Property Type: Residential
Area: 41
Property Subtype: condo
Source Neighborhood: The Elser Hotel
Parcel Number: 01-41-37-078-5170
Postal City: Miami
Postal Code Plus 4: 2072
Public Survey Range: 41
Public Survey Section: 37
Public Survey Township: 1
Subdivision: The Elser Hotel
Property Subtype: Condominium

Building and Construction

Total Square Feet Living: 362
Year Built: 2022
Building Area Total: 362
Construction Materials: Block
Entry Level: 20
Entry Location: 20
Property Age: 3
Property Attached: No
Year Built Details: Effective Year Built
Architectural Style: HighRise

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
12/01/2025	Price Changed	$409,000	$1,130	MiamiMLS
11/20/2025	Price Changed	$419,000	$1,157	MiamiMLS
11/05/2025	Price Changed	$429,000	$1,185	MiamiMLS
10/25/2025	Listing removed	-	-	MiamiMLS
10/23/2025	Listed	$440,000	$1,215	MiamiMLS
10/08/2025	Price Changed	$489,900	$1,353	MiamiMLS
08/27/2025	Price Changed	$490,000	$1,354	MiamiMLS

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$9,583	-	+	$478,400	=	$478,400
2023	$9,834	-	+	$478,400	=	$478,400

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
1900 N Bayshore Dr Apt 5006	$1.2M	3	3	1902	1902
1750 N Bayshore Dr Apt 3109	$365K	1	1	825	825
253 NE 2nd St Apt 324	$257.9K	0	1	506	506
133 NE 2nd Ave Apt 1905	$319.9K	1	1	651	651
1100 Biscayne Blvd Unit 3103	$895K	2	3	1498	1498
133 NE 2nd Ave Unit 3610	$349K	1	1	620	620

Presented by:
Federico Nunez
state license#3375735

Brokered by:
Novel Management, LLC.
(305) 400-9479

Broker Location:

MIAMI

Data Source:

MiamiMLS

Source's Property ID:

A11892628

Data Source Copyright:

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Discover More

Learn more about 398 NE 5th St Apt 2016

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$409,000

$10k

398 NE 5th St Apt 2016, Miami, FL 33132

Property Details

Property Features

Bedrooms

Property History

Neighborhood

Environmental Risk

Nearby Home Values

Also at 398 NE 5th St

$515,000

398 NE 5th St Apt 2805

$1,250,000

398 NE 5th St Apt 3901

$1,050,000

398 NE 5th St Apt 1510

$1,595,000

398 NE 5th St Apt 4701

$499,000

398 NE 5th St Apt 3406

$900,000

398 NE 5th St Apt 4614

$599,500

398 NE 5th St Apt 2704

$828,000

398 NE 5th St Apt 4415

$1,195,000

398 NE 5th St Apt 4719

$1,199,000

398 NE 5th St Apt 4410

Discover More

Learn more about 398 NE 5th St Apt 2016

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