
398 NE 5th St # 3805, Miami, FL 33132
Miami, FL 33132 · The Elser Hotel & Residences
About 398 NE 5th St # 3805, Miami, FL 33132
Unit 3805 at The Elser offers a turnkey studio residence in the heart of Downtown Miami, ideal as a pied-à-terre or investment opportunity. The residence features a full kitchen, in-unit washer and dryer, contemporary finishes, and impressive views from the 38th floor. Owners have the option to enroll in the Highgate hotel rental program, providing professional management for nightly rentals and added flexibility for investors. The Elser offers an exceptional collection of resort-style amenities, including a spectacular pool deck, state-of-the-art fitness center, lounge areas, and more. Ideally located near Miami Worldcenter, Kaseya Center, Bayside Marketplace, dining, entertainment, and the waterfront. A unique opportunity to own a flexible residence in the center of Miami’s rapidly evolving urban core.
How This Listing Compares in Miami
Per square foot, it is asking 184% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.
| This home | Miami median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $1,129 | $397 |
| 1-bedroom price | $499,000 | $338,000 |
| Days on market | 4 | 51 |
Medians from closed MLS sales in Miami; a starting point, not an appraisal.
Home Features at 398 NE 5th St # 3805, Miami, FL 33132
- Bathrooms Full
- 1
- Bathrooms Half
- 0
- Interior Features
- Lobby, Elevator
- Appliances
- Electric Range
- Flooring
- Tile
- Heating
- Other
- Cooling
- Central Air
- Architectural Style
- High Rise
- Garage Spaces
- 1
- Parking Features
- Other
- Pool Private
- No
- Year Built Details
- Resale
The Building at 398 NE 5th St # 3805, Miami, FL 33132
- Building Name
- THE ELSER
- Building Area Total
- 442
- Building Area Units
- Square Feet
- Stories Total
- 49
- Entry Level
- 38
- Association
- Yes
- Association Fee
- $2,062
- Association Fee Frequency
- Quarterly
- Association Amenities
- Business Center, Exercise Room
- Security Features
- Doorman, Elevator Secure
Lot, Views & Construction at 398 NE 5th St # 3805, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- Canal, Other View
- Construction Materials
- Concrete Block Construction
- New Construction
- No
Taxes & Public Record for 398 NE 5th St # 3805, Miami, FL 33132
- Parcel Number
- 01-41-37-078-1610
- Tax Annual Amount
- $10,780
- Tax Year
- 2,025
- Tax Legal Description
- 398 NE 5TH STREET CONDO UNIT 3805 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
- County Or Parish
- Miami-Dade County
Map & Neighborhood
398 NE 5th St # 3805, Miami, FL 33132 · More homes in Miami
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398 NE 5th St # 3805, Miami, FL 33132 at a Glance
Offered for sale in Miami 33132, 398 NE 5th St # 3805 is a condo with 1 bedroom, 1 bathrooms and about 442 square feet of living space, dating to 2022. The asking price is $499,000, on the market since September 18, 2026, with London Foster Realty as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.