# 398 NE 5th St, Miami, FL 33132

> **TL;DR:** 2bd/2ba condo, $1,520,000 ($1858/sqft), built 2022, 818 sqft.
> Waterfront, View, A/C. Est. $9,640/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,520,000 |
| Price/sqft | $1858 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 818 |
| Year Built | 2022 |
| Stories | 1 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,686 |
| Estimated Insurance | $443 |
| HOA | $1,511 |
| **Total** | **$9,640** |

## Key Amenities

- Waterfront
- View
- A/C

## Property Highlights

- Built in 2022
- Waterfront

## Description

### Agent Description
Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.

## Location

- **Address:** 398 NE 5th St, Miami, FL 33132
- **County:** Miami-Dade
- **Neighborhood:** MAP OF MIAMI DADE CO. FL.
- **Coordinates:** 25.778988, -80.188999
- **Google Maps:** https://www.google.com/maps?q=25.778988,-80.188999

## Listing Agent

- **Name:** Carlo Ortiz
- **Brokerage:** Xcellence
- **Phone:** 3054799251

## Primary Photo

![398 NE 5th St - Primary Photo](http://lh.rdcpix.com/1888620e39ed39e461a20ba3c7451f2al-f4203507469r.jpg)

*44 total photos available on [listing page](https://www.propertysimple.ai/listing/398-ne-5th-st-miami-fl-33132-12057376)*

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**MLS#:** A12057376 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/398-ne-5th-st-miami-fl-33132-12057376)

---

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