Premier Brokers International
398 NE 5th Street 1518, Miami, FL 33132
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12112486
$1,499,000

398 NE 5th Street 1518, Miami, FL 33132

Beds
3
Baths
3
Sqft
1,127
Est. payment$11,751/mo
Home type
Condominium
Year built
2024
Lot size
—
Price / sqft
$1,330
HOA
$1,300/mo
Community
MAP OF MIAMI DADE CO. FL.

Property description

Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS—offering the flexibility of Airbnb and daily rentals.What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations. For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management.Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances. Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!

Listing activity

Days on market
6
Listed
Oct 24, 2026
MLS listing updated
Oct 30, 2026
Feed last checked
3 minutes ago

Listed by Annie J Montiel · EXP Realty LLC

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
Bathrooms (decimal)
3
Full bathrooms
3
Half bathrooms
0

Rooms & features

Rooms
1
Interior features
Elevator
Flooring
Concrete, Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Laundry
Washer Hookup, Dryer Hookup
Furnished
Furnished

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1

Exterior

Stories
646
Building area
1,127 sqft
Exterior features
Balcony
Pool features
Private
View
Bay
Waterfront
None, Bay
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Year built
2024
New construction
Yes

Materials

Construction
CBS
Property condition
New Construction
Utilities & green energy

Utilities

Utilities
Cable Available
Community & HOA

Community

Subdivision
MAP OF MIAMI DADE CO. FL.
MLS area
2420
Security
Closed Circuit Camera(s), Security System
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,300 monthly
Estimated monthly dues
$1,300
Amenities
Pool, Fitness Center, Lobby, Parking, Private Beach Pavilion, Sauna, Spa/Hot Tub
Services included
Recreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Hot Water, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Funds, Roof Repairs, Security, Sewer, Trash, Water
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
A12112486
Possession
Close Of Escrow, Negotiable
Original list price
$1,499,000
Parcel number
0141370785800
Annual property tax
$23,078
Tax year
2025
Tax legal description
398 NE 5TH STREET CONDO UNIT 1518 UNDIV 0.2854% INT IN COMMON ELEMENTS OFF REC 33416-1520
Additional MLS details

Reported by the listing source

Association Amenities
Pool, Fitness Center, Lobby, Parking, Private Beach Pavilion, Sauna, Spa/Hot Tub
Association Fee Frequency
Monthly
Association Fee Includes
Recreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Hot Water, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Funds, Roof Repairs, Security, Sewer, Trash, Water
Association
Yes
Bathrooms Total Decimal
3
Bathrooms Total Integer
3
Building Area Total
1127
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
6
Elementary School
Frederick Douglass
High School
Booker T. Washington
Laundry Features
Washer Hookup, Dryer Hookup
List Price
1499000
Listing Contract Date
2026-10-24
Living Area
1127
MLSArea Major
2420
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-10-24
Photos Count
31
Postal Code
33132
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
1
Security Features
Closed Circuit Camera(s), Security System
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-24T04:00:00Z
Stories Total
646
Subdivision Name
MAP OF MIAMI DADE CO. FL.
Waterfront Features
None, Bay
Tax Annual Amount
23078
Bathrooms Full
3
Bedrooms Total
3
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
1300

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

DateEventPrice
Oct 24, 2026ListedMIAMI REALTORS® MLS$1,499,000$1,330/sqft

Public tax history

YearProperty taxesAssessment
2025$23,078—

Payment calculator

Estimated monthly payment$11,751/moIllustrative estimate, not a loan offer.
Principal & interest
$7,778
Property taxes
$1,923
Insurance
$750
Association dues
$1,300

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

MAP OF MIAMI DADE CO. FL.

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of EXP Realty LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.