PendingMLS® A12004294

$1,099,000

398 NE 5th Street 1809, Miami, FL 33132

Beds: 3
Baths: 3
Sqft: 976

Est. payment$7,901/mo

Home type: Condominium
Year built: 2022
Lot size: —
Price / sqft: $1,126
HOA: —
Community: The Elser

Property description

INVESTOR OPPORTUNITY: Priced nearly 40% below the last sale! Fully furnished 3BD/3BA at The Elser Hotel & Residences with NO RENTAL RESTRICTIONS: Airbnb, short-term, and daily rentals all permitted. Enjoy stunning Downtown views from the wraparound balcony. Features 9+ ft ceilings, porcelain wood-style tile, sleek kitchen w/ Italkraft cabinetry, quartz counters, & stainless steel appliances. Exceptional amenities: cocktail bar by Jaguar Sun, Café Domino coffee lounge, 132-ft pool w/ private cabanas, outdoor theater lawn, LED movie wall, two-story wellness center w/ yoga deck + spa, co-working spaces, & sky lounge. Prime location steps from Bayfront Park, world-class dining, museums, Kaseya Center, Wynwood, & more. Schedule your tour today!

Listing activity

Days on market: —
Listed: —
MLS listing updated: Sep 9, 2026
Feed last checked: 14 minutes ago

Listed by Sepehr Niakan · Blackbook Properties

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Property

Not reported by the listing source.

Construction

Type & style

Home type: Condominium
Year built: 2022

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: The Elser

Association

Has association: Yes

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33132

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12004294

Additional MLS details

Reported by the listing source

Bathrooms Total Integer: 3
County Or Parish: Miami-Dade
List Price: 1099000
Living Area: 976
Mls Status: Pending
Postal Code: 33132
Property Sub Type: Condominium
Property Type: Residential
Standard Status: Pending
State Or Province: FL
Subdivision Name: The Elser
Bedrooms Total: 3

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Sep 9, 2026	Price updatedBeachesMLS	$1,099,000$1,126/sqft

Public tax history

—

Payment calculator

Estimated monthly payment$7,901/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $5,702
Property taxes: $1,649
Insurance: $550
Association dues: —

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

The Elser

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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