Schedule Tour
$1,379,000

398 5 St

Miami, FL
Active
2
Bedrooms
2
Bathrooms
818
Square Feet
2022
Year Built
88
Days On Market

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.

Take the 3D virtual tour →

Listing Information

Listing Updated
09/10/2026
Listed By
Carlo Ortiz, 3054799251 · Xcellence, 8665956025
MLS#
A12057376
Source
MIAMI REALTORS MLS
Status
Active

Facts & Features

Location

Community Information

Address
398 NE 5 St #3711, Miami, FL 33132
City
Miami
County
Miami-Dade
Neighborhood
MAP OF MIAMI DADE CO. FL.
Zip Code
33132

Architecture

Bedrooms
2
Bathrooms
2
Stories
49
Year Built
2022
Style
High Rise
Construction Materials
Brick, Block
Building Area
818 sq. ft.
Levels
One
Garage
Yes
Garage Spaces
2
Parking Features
Attached, Garage, Covered, Valet

Features & Amenities

Interior Features
Bar, Elevator, Master Downstairs, Other
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Disposal
Flooring
Tile
Exterior Features
Barbecue
Patio and Porch
Deck
Cooling
Central Air, Electric
Heating
Electric, Central

Property Features

Lot Features
Waterfront
View
City, Bay
Utilities
Cable Available

Square Footage

Total
818 sq. ft.

Tax & Financial Information

List Price
$1,379,000
Annual Taxes
$23,136
Association Fee
$1,511 (paid Monthly)
Fee Includes
Maintenance Structure, Water, Insurance, Cable TV, Internet
Association Amenities
Picnic Area, Trash, Pool, Sauna, Other, Elevator(s), Parking, Spa/Hot Tub, Barbecue

Schools

77/100
New World School Of The Arts
High · Grades 09–12 · 0.3 mi
City
Miami
Students
496
Parent reviews
5.0★ avg · 6 reviews
Student body
61% Hispanic / Latino · 22% White · 14% Black
Free/reduced lunch
32%
Phone
(305) 237-3135
55/100
School For Advanced Studies-Wolfson
High · Grades 11–12 · 0.3 mi
City
Miami
Students
126
Student body
61% Hispanic / Latino · 25% White · 9% Black
Free/reduced lunch
47%
Phone
(305) 237-7270
54/100
Law Enforcement Officers Memorial High School
High · Grades 09–12 · 0.6 mi
City
Miami
Students
409
Parent reviews
2.0★ avg · 2 reviews
Student body
60% Hispanic / Latino · 36% Black · 3% White
Free/reduced lunch
72%
Phone
(305) 371-0400
53/100
Downtown Miami Charter School
Elementary · Grades KG–05 · 0.6 mi
City
Miami
Students
644
Student body
59% Black · 36% Hispanic / Latino · 3% White
Free/reduced lunch
72%
Phone
(305) 579-2112
53/100
Mater Academy Kiwanis
Elementary · Grades KG–05 · 1.4 mi
City
Miami
Students
236
Student body
95% Hispanic / Latino · 3% White · 2% Black
Free/reduced lunch
98%
Phone
(305) 317-1901
52/100
Franklin Academy E
Grades N–N · 0.7 mi
City
Miami
Phone
(305) 995-2940
51/100
Mater Academy Sole
Grades M–M · 8.5 mi
City
Miami
Phone
(305) 995-1000
51/100
Academir Charter School Elementary South
Elementary · Grades KG–05 · 19.1 mi
City
Miami
Phone
(305) 235-6599

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/24/2026Price change$1,379,000
07/22/2026Listed for sale$1,520,000

Listed by Carlo Ortiz · Xcellence · 8665956025

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, MIAMI REALTORS MLS. All rights reserved.

Last Updated: September 10, 2026 at 3:44 AM | Source: MIAMI REALTORS MLS | MLS#: A12057376

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Jeremy Beckham is here to help. Reach out and expect a response within one business day.

How can I help?

Jeremy Beckham is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Buddy Hawkins is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Elio Mortgage
Buddy Hawkins
LO NMLS: #2544031

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.