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398 NE 5th Street 2403, Miami, FL 33132 (MLS# R11156917)

398 NE 5th Street 2403, Miami, FL 33132

$410,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 490 Status: Active Under Contract
Current Price: $410,000 List Date: 1/22/2026 Last Modified: 5/31/2026

Overview

Description

Lowest priced, turnkey largest studio layout at the iconic The Elser. This rare 490 sq ft studio offers a more spacious and functional design than the smaller studio layouts in the building, allowing for a comfortable bedroom setup with the bed facing the TV divider. Ideally located in the heart of Downtown Miami, just steps from world-class dining, entertainment, and cultural destinations. Features include floor-to-ceiling windows, private balcony, fully equipped kitchen, in-unit washer/dryer, and stylish finishes. Enjoy resort-style amenities such as a 132-ft rooftop pool with LED screen, spa, two-story fitness center, sky lounge, co-working spaces, grilling terrace, lobby bar, and 24/7 concierge. Short-term rentals allowed through in-house or approved management.

Listing Details MLS# R11156917

General Property Information

Unit Floor #
24
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
490
Building Area Source
Other
Living Area Main
490
Year Built
2022
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Gated Community YN
No
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
49
Direction Faces
Southeast
Pool Private YN
No
Spa YN
Yes
Furnished
Furnished

Property Features

Association Fee Includes: Common Areas; HVAC Maintenance; Insurance; Maintenance Structure Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Parking Features: Assigned; Guest; Garage Property Condition: Resale Spa Features: Heated Special Listing Conditions: Short Sale Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS; Concrete; Other Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Built-in Features Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible; Number Limit Possession: Close Of Escrow; Negotiable Restrictions: Daily Rates; Lease OK Security Features: Security System Tax Information: City/County; County Only; No Homestead Utilities: Cable Available Water View: Bay; Ocean Waterfront Features: Ocean Front Showing Requirements: 24 Hour Notice; Appointment Only; Occupied Outdoor Living Spaces: Balcony Contingencies: None Room Types: Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
410000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
398
Street Direction Prefix
NE
Street Name
5th
Street Suffix
Street
Unit Number
2403
City Name
Miami
State Or Province
FL
Postal Code
33132
Postal Zip
33132
Subdivision Name
MAP OF MIAMI DADE CO. FL. PB B-41
Area
2410
Geographic Area
DADE
Elementary School
Frederick Douglass
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0141370780790
Zoning
6401
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
679.67
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
10769.3
Tax Year
2025
Tax Legal Description
398 NE 5TH STREET CONDO UNIT 2403 UNDIV 0.1112% INT IN COMMON ELEMENTS OFF REC 33416-1520

Status Change Information

Major Change Timestamp
2026-02-09T21:26:42Z
Major Change Type
Status Change
Status Change Date
2026-02-09
Under Contract Type
Active Under Contract
Under Contract Date
2026-02-09

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes
Okay To Lease
Yes
Short Term Rentals Allowed
Yes

Short Sale Details

Hardship Package
Submitted
Short Sale Addendum
Yes

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Storm Protection

Impact Glass
Complete

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
836.73

Originating Details

Originating System Key
20260121170311065852000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Cafe/Restaurant
Yes
Elevator(s)
Yes
Fitness Center
Yes
Manager On Site
Yes
Pool
Yes

Association Fee Includes

Common Areas
Yes
HVAC Maintenance
Yes
Insurance
Yes
Maintenance Structure
Yes

Parking Features

Assigned
Yes
Guest
Yes
Garage
Yes

Property Condition

Resale
Yes

Spa Features

Heated
Yes

Special Listing Conditions

Short Sale
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Utilities

Cable Available
Yes

View

City
Yes

Heating

Central
Yes

Water View

Bay
Yes
Ocean
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

CBS
Yes
Concrete
Yes
Other
Yes

Interior Features

Built-in Features
Yes

Laundry Features

Inside
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Security Features

Security System
Yes

Waterfront Features

Ocean Front
Yes

Cooling

Central Air
Yes

Association Type

Condominium
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Occupied
Yes

Master Bedroom/Bath

None
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Pet Restrictions Possible
Yes
Number Limit
Yes

Restrictions

Daily Rates
Yes
Lease OK
Yes

Tax Information

City/County
Yes
County Only
Yes
No Homestead
Yes

Outdoor Living Spaces

Balcony
Yes

Contingencies

None
Yes

Room Information

Room Name Length Width Level
Living Room 136.00 126.00 Main
Kitchen 140.00 50.00 Main
Master Bedroom 120.00 126.00 Main
Laundry
Listing Office: Luxe Properties
IDX
Last Updated: May - 31 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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