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For Sale
Listed on November 6, 2025

398 NE 5th St, Unit 1601

$1,399,999
3 Beds
3 Baths
1,150 sqft
0 Parkings
HOA fee
$1,666
Annual Tax
$23,550
Occupancy
Vacant
Year Built
2022
Stories
42
Days on market
11 days ago

Description

Experience luxury in this stunning 3-bed, 3-bath residence at The Elser Hotel & Residences in Downtown Miami. Enjoy breathtaking views of Biscayne Bay and the city skyline from floor-to-ceiling windows and a private balcony. The open-concept layout features a gourmet kitchen with high-end finishes, smart keyless entry, and a 9'2" ceiling height. Perfect for investors, this fully furnished unit allows short-term rentals with no restrictions, or live year-round in style. The Elser offers resort-style amenities: a rooftop pool, fitness center, and 24/7 concierge. Steps from Bayfront Park, top dining, and entertainment, this residence delivers a vibrant, sophisticated lifestyle. Schedule a tour today to discover modern Miami living at its finest!
EXP Realty LLC
  • 3-bedroom, 3-bathroom condo with 1,150 sq ft located at 398 NE 5th St, Unit 1601, Downtown Miami
  • Built in 2022 with 9'2" ceiling height and floor-to-ceiling windows
  • Includes a gourmet kitchen with high-end finishes and smart keyless entry system
  • Private balcony with views of Biscayne Bay and city skyline
  • Maintenance fee of $1,666 per month covering building amenities and services
  • Building amenities include swimming pool, fitness center, bike storage, elevators, barbecue and picnic area
  • Unit is fully furnished and allows short-term rentals with no restrictions
  • Central air conditioning included
  • Located in Downtown Miami, close to dining, entertainment, and public transportation
EXP Realty LLC

Features & Details

Learn about the features and details of 398 NE 5th St, Unit 1601

Property Details

  • Property Type
    Condominium
  • Living Area
    1,150 sqft
  • Year Built
    2022
  • Lot Size
    -
  • Stories
    42 Stories
  • Annual Tax
    $23,550.00
  • List Date
    11/6/2025
  • Updated
    11/16/2025
  • Last Checked
    Recent
  • MLS Number
    #A11909504
  • Brokerage
    EXP Realty LLC
  • Postal Code
    33132
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    Vacant
  • List Price
    $1,399,999.00
  • Unit Number
    1601
  • Construction
    Block
  • Heating
    Central,Electric
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    Valet
  • Pets Allowed
    NoPetRestrictions,Yes
  • Air Conditioning
    Central Air, Electric
  • Elevator
    Yes
  • Locker
    No
  • Swimming Pool
    Association
  • Patio
    Balcony,Deck,Open
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    Dryer, Dishwasher, Microwave, Washer
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    3 Bed, 3 Bath
  • Bedrooms
    3
  • Full Bathrooms
    3
  • Ensuite
    Yes
  • Bathrooms
    3
  • Flooring
    Mixed

Price history

Learn about the price history of 398 NE 5th St, Unit 1601

Amenities

Discover the amenities available at 398 NE 5th St, Unit 1601

  • Bike storage
  • Elevators
  • Fitness center
  • Barbecue
  • Picnic area
  • Pool

Real estate trends

View trends of price in Miami over the last 12 months

Explore Miami-Dade

Learn about the area around 398 NE 5th St, Unit 1601

Mortgage Calculator
Estimate monthly payments for 1601 - 398 NE 5th St
$0
20.0%
$1,399,999
1%
5.25%
10%
Estimated Monthly Payment

$6,712

Cash Flow Analysis
Mortgage Payment:
$6,711.57
Monthly Payment:
$10,340.07
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this luxurious condominium in the heart of Miami. This well-appointed property offers 3 bedrooms, 3 bathrooms, 1,150 square feet of living space. secure building access, central,electric heating, Central Air, Electric, elevator access. Originally built in 2022 in a 42-story building. Offered at $1,399,999.00 Residents will appreciate the excellent amenities including Bike storage, Elevators, Fitness center, Barbecue, Picnic area, and Pool. The property comes with Dryer, Dishwasher, Microwave, Washer. Utilities included: water. Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 398 NE 5th St, Unit 1601

398 NE 5th St, Unit 1601, MLS® A11909504 has a size of 1150 sqft.

There are 3 bedrooms and 3 bathrooms in this Condo at 398 NE 5th St, Unit 1601, MLS® A11909504.

Annual taxes for this home are $23,550 based on 2025 tax year reports.

The monthly HOA fee covers water and parking for the unit.

The building's pet policy is as follows: NoPetRestrictions,Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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398 NE 5th St, Unit 1601