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$1,499,000
398 NE 5th Street 1518
Miami, FL 33132
MLS# A12112486
3 beds  |  3 baths  |  1127 sqft


Covered balcony featuring wood-finish flooring, glass panel railings, and metal structural framing
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Covered balcony featuring wood-finish flooring, glass panel railings, and metal structural framing Covered balcony featuring wood-finish flooring, solid partition walls, and a glass-panel railing High-rise urban landscape featuring expansive city skyline architecture and elevated metropolitan infrastructure Contemporary kitchen featuring flat-panel cabinetry, stainless steel appliances, subway tile backsplash, recessed lighting, and wood-finish flooring Floor-to-ceiling windows with access to a balcony, wood-finish flooring, and wall-mounted television hardware Custom closet system featuring dark wood-finish cabinetry, integrated shelving, hanging rods, and two soft-close drawers, complemented by wood-finish flooring Wall-mounted floating vanity with integrated sink, rectangular illuminated mirror, white subway-tiled shower surround, matte black plumbing fixtures, and installed safety grab bars Floor-to-ceiling windows, wood-finish flooring, and a solid wood-finish door with matte black hardware Floor-to-ceiling windows, wood-finish flooring, and access to a private balcony with water scenery Dual wood-finish floating vanities featuring stone-style countertops, rectangular undermount sinks, matte black fixtures, and integrated LED-backlit mirrors Dual vanity with light wood-finish cabinetry, solid surface countertops, integrated LED-lit mirrors, and glass-enclosed shower with subway tile Wood-finish flooring, full-height built-in storage cabinetry, and floor-to-ceiling glass paneling Neutral-toned upholstered headboard with integrated nightstand, wood-finish flooring, and dark-finished solid core swing door Open-concept area featuring wood-finish tile flooring, recessed ceiling lighting, and floor-to-ceiling windows Open-concept interior featuring wood-finish tile flooring, custom flat-panel cabinetry, stainless steel kitchen appliances, and floor-to-ceiling windows Floor-to-ceiling glass panel door, wood-finish flooring, recessed lighting, and a private balcony featuring urban scenery Living area featuring floor-to-ceiling windows, wood-finish flooring, and recessed ceiling lighting Open-concept interior featuring wood-finish flooring, recessed lighting, and dark-toned interior doors Laundry closet featuring a built-in front-load washer, dark wood-finish interior doors with matte black hardware, and wood-finish flooring Infinity-edge lap pool featuring integrated structural columns, metal perimeter railing, and built-in landscape planters Covered outdoor pool featuring grey stone-finish tile decking, structural concrete support columns, a glass railing system, and linear recessed lighting Direct oceanfront exposure featuring expansive sandy beach access, mature palm trees, lush dune landscaping, and a paved pedestrian pathway Covered lap pool featuring dark mosaic tile accents, a multi-colored mural wall, recessed ceiling lighting, and a glass panel railing Covered swimming pool featuring large-format tile decking, structural concrete columns, a sleek glass railing, and linear ceiling lighting Photo 25 Elevated urban perspective featuring high-rise architecture, glass-facade skyscrapers, and metropolitan infrastructure Exposed concrete accent wall with multi-arm fixture, floor-to-ceiling drapery, polished concrete flooring, and decorative brick masonry wall Expansive covered terrace featuring structural concrete columns, synthetic turf surface, stone-tile flooring, and a glass panel perimeter railing Covered outdoor bar area featuring a geometric-pattern tile floor, a vertical greenery wall, built-in counter seating, and wood-accented structural pillars Industrial-style fitness center featuring floor-to-ceiling windows, exposed structural ceiling, wood-finish flooring, rubberized workout surfacing, and decorative globe lighting Property Amenity Disclosure. Outlining operational details and service inclusions for the property beach access program

Property Description
Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS—offering the flexibility of Airbnb and daily rentals.What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations. For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management.Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances. Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2026-10-24
Status: Active
Original List Price: 1499000
List Price: $1,499,000
Current Price: $1,499,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33132
Development Name: THE ELSER
Subdivision Number: 78
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: X
Country: United States
Street Number: 398
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 1518
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2063
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
Parcel Number: 0141370785800
General Property Information
Unit Floor #: 15
Adjusted Area Main: 1127
Living Area Main: 1127
Accessibility Features YN: Yes
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Furnished
Stories Total: 646
Property Sub Type: Condominium
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 1127
Year Built: 2024
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Waterfront YN: 1
Financial Information
Estimated Monthly Assoc Recurring Fee: 1300
Membership Fee Required YN: No
Association YN: 1
Association Fee: 1300
Association Fee Frequency: Monthly
Tax Annual Amount: 23078
Tax Year: 2025
Tax Legal Description: 398 NE 5TH STREET CONDO UNIT 1518 UNDIV 0.2854% INT IN COMMON ELEMENTS OFF REC 33416-1520
Office/Member Information
DXORIGMLSID: SEF
Accessibility Features
Accessible Doors: 1
Accessible Elevator Installed: 1
Accessible Entrance: 1
Accessible Full Bath: 1
Accessible Hallway(s): 1
Accessible Kitchen: 1
Application Fee Details
Application Fee: 0
Application Information
No Approvals: 1
Amenities
Fitness Center: 1
Lobby: 1
Parking: 1
Pool: 1
Private Beach Pavilion: 1
Sauna: 1
Spa/Hot Tub: 1
Association Fee Includes
Cable TV: 1
Common Areas: 1
Elevator: 1
Hot Water: 1
Insurance: 1
Legal/Accounting: 1
Maintenance Grounds: 1
Pest Control: 1
Pool Service: 1
Recreation Facility: 1
Reserve Funds: 1
Roof Repairs: 1
Security: 1
Sewer: 1
Trash: 1
Water: 1
Dining Area
Dining/Living Room: 1
Eat-In Kitchen: 1
Flooring
Concrete: 1
Tile: 1
Parking Information
Open Parking Spaces: 1
Property Condition
New Construction: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Unit Description
Corner/End Unit: 1
High Rise: 1
Water Access
None: 1
Water View
Bay: 1
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Construction Materials
CBS: 1
Interior Features
Elevator: 1
Laundry Features
Washer Hookup: 1
Dryer Hookup: 1
Listing Terms
Cash: 1
Conventional: 1
Cryptocurrency: 1
Pool Features
Private: 1
Security Features
Closed Circuit Camera(s): 1
Security System: 1
Waterfront Features
Bayfront: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Homeowner Association: 1
Showing Requirements
24 Hour Notice: 1
Master Bedroom/Bath
Combo Tub/Shower: 1
Master Bdrm - Ground: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Restrictions
Parking - No RV: 1
Parking - No Trailer: 1
Parking - No Truck: 1
Auto Parking On: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Room Types
Convertible Bedroom: 1
Price Calculations
Current Price To SqFt: 1330.07
Section Details
Parcel Number MLX: 5800
Status Change Information
Major Change Timestamp: 2026-10-24T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-24
Originating Details
Originating System Key: 568392001
Originating System ID: M00000151
Property Features
Accessibility Features: Accessible Doors; Accessible Elevator Installed; Accessible Entrance; Accessible Full Bath; Accessible Hallway(s); Accessible Kitchen
Application Information: No Approvals
Association Fee Includes: Cable TV; Common Areas; Elevator; Hot Water; Insurance; Legal/Accounting; Maintenance Grounds; Pest Control; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs; Security; Sewer; Trash; Water
Dining Area: Dining/Living Room; Eat-In Kitchen
Flooring: Concrete; Tile
Property Condition: New Construction
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator
Construction Materials: CBS
Cooling: Central Air
Association Type: Condominium; Homeowner Association
Heating: Central
Interior Features: Elevator
Laundry Features: Washer Hookup; Dryer Hookup
Listing Terms: Cash; Conventional; Cryptocurrency
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: Private
Possession: Close Of Escrow; Negotiable
Restrictions: Parking - No RV; Parking - No Trailer; Parking - No Truck; Auto Parking On
Security Features: Closed Circuit Camera(s); Security System
Special Information: Sold As-Is
Tax Information: Tax Reflects No Exemptions
Unit Description: Corner/End Unit; High Rise
Utilities: Cable Available
Water Access: None
Water View: Bay
Waterfront Features: Bayfront
Showing Requirements: 24 Hour Notice
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open
Room Types: Convertible Bedroom
Room Information
Room Name
Convertible Bedroom

IDX
Listing Office: EXP Realty LLC
Source MLS Verified

Last Updated: October - 25 - 2026

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