398 NE 5th St, Unit 2403

490 Sq. Ft.
$837 / Sq. Ft.
490
Sq. Ft.
$837
per Sq. Ft.

Description

Lowest priced, turnkey largest studio layout at the iconic The Elser. This rare 490 sq ft studio offers a more spacious and functional design than the smaller studio layouts in the building, allowing for a comfortable bedroom setup with the bed facing the TV divider. Ideally located in the heart of Downtown Miami, just steps from world-class dining, entertainment, and cultural destinations. Features include floor-to-ceiling windows, private balcony, fully equipped kitchen, in-unit washer/dryer, and...Lowest priced, turnkey largest studio layout at the iconic The Elser. This rare 490 sq ft studio offers a more spacious and functional design than the smaller studio layouts in the building, allowing for a comfortable bedroom setup with the bed facing the TV divider. Ideally located in the heart of Downtown Miami, just steps from world-class dining, entertainment, and cultural destinations. Features include floor-to-ceiling windows, private balcony, fully equipped kitchen, in-unit washer/dryer, and stylish finishes. Enjoy resort-style amenities such as a 132-ft rooftop pool with LED screen, spa, two-story fitness center, sky lounge, co-working spaces, grilling terrace, lobby bar, and 24/7 concierge. Short-term rentals allowed through in-house or approved management.
  1. Listed by Daniela Rivera • Luxe Properties

Property Details for 398 Northeast 5th Street, Unit 2403

Subdivision
MAP OF MIAMI DADE CO. FL. PB B-41
Waterfront
Yes
Waterfront Details
Ocean Front
View
Bay, City, Ocean
Furnished
Furnished, Turnkey
Style
Condo 5+ Stories, WF/No Ocean Access
Pets Allowed
No
LISTING UPDATED: 01/23/2026 10:08 AM

Property Details for 398 Northeast 5th Street, Unit 2403

StatusActive
MLS #RX-11156917
Days on Market5
Taxes$10,769 / year
HOA Fees$680 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo/Coop
Year Built2022
CountyMiami-Dade County

Location

Listing Courtesy of Luxe Properties
Add your commute

Building Information for 398 Northeast 5th Street, Unit 2403

Building/ComplexMAP OF MIAMI DADE CO. FL. PB B-41Floor24Stories49Residences-Pet Policy-Pet Policy DetailsRestrictedYear Built2022

Payment Calculator

$3,576 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,998

Property Taxes

$897

HOA Dues

$680

The Payment Calculator is for illustrative purposes only.

Property Information for 398 Northeast 5th Street, Unit 2403

Summary
Location and General Information
  • Property Condition: Resale
  • Geo Area: DADE
  • Street Number: 398
  • Subdivision Complex Bldg: MAP OF MIAMI DADE CO. FL. PB B-41
  • Municipal Code: 1
  • State: FL
  • City Postal ID: 33132
  • MLS Area: 2410
  • MLS Sub Area: DADE
Parking
  • Garage Spaces: 1
  • Parking: Assigned Parking, Guest Parking
  • Covered Spaces: 1
Taxes and HOA Information
  • Governing Bodies: Condo
  • Hardship Package: Submitted
  • HOPA: No Hopa
  • Association Deposit: No
  • Tax Year: 2025
  • Application Fee: $150.00
  • Maintenance Fee Incl: A/C Maintenance, Common Areas, Insurance-Bldg, Maintenance-Interior, Pool Service
  • HOA Dues: $680
  • Type of Governing Bodies: Condo
Property
Lot Information
  • Area: 2410
  • Front Exp: Southeast
  • HOA Amenities: Mandatory
  • Parcel ID: 0141370780790
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 490
  • Square Ft Source: Other
  • Zoning: 6401
  • Total Floors in Building: 49.0
  • Front Exposure: Southeast
Property and Assessments
  • Legal Desc: 398 NE 5TH STREET CONDO UNIT 2403 UNDIV 0.1112% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Unit Floor #: 24
  • Sq Ft Liv Area: 490.0
  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2403 UNDIV 0.1112% INT IN COMMON ELEMENTS OFF REC 33416-1520
Utilities
  • Utilities: Cable
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Concrete Block Construction, Concrete Block With Brick, Other Construction
  • Equip/Appl Included: Dishwasher, Dryer, Range - Electric, Refrigerator, Washer
  • Private Pool: No
  • Security: Lobby
  • Storm Protection: Impact Glass: Complete
  • Subdiv Amenities: Cafe/Restaurant, Elevator, Fitness Center, Lobby, Manager on Site, Pool
  • Laundry Appliances: Washer and Dryer
  • Gated Community YN: No
Interior Features
  • W/D Allowed: Yes
  • Cooling: Central
  • Flooring: Tile
  • Heating: Central
  • Interior Features: Built-in Shelves
  • Window Treatments: Impact Glass
  • Main Level Bedrooms: 1
  • Main Level Bathrooms: 1
  • Guest Accommodations: No
  • Master Bath Features: None
  • Master Bathroom Description: None
  • Baths Total: 1
  • Spa Features: Heated
  • Spa: Yes
Master Bedroom
  • Primary Bedroom/Bath: None
Porch
  • PatioFeatures: Balcony
Multi Family
Multi-Family Information
  • Stories: 49.0
Rental
Rental Information
  • Pet Restrictions: Number Limit
  • Pets on Premises: No
  • Other Fees: $150
  • Pets Allowed: Restricted

Property History for 398 Northeast 5th Street, Unit 2403

DateEvent & SourcePriceAppreciation
Jan 22, 2026

Listed (Active)

RAPB #RX-11156917

$410,000
Oct 20, 2023

Sold (Public Record)

Public Record #1523030432

$730,000
DateEvent & SourcePrice
01/22/2026

Listed (Active)

RAPB #RX-11156917

$410,000
10/20/2023

Sold (Public Record)

Public Record #1523030432

$730,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 398 Northeast 5th Street, Unit 2403

Taxable ValueLand-Additions-Total-
Tax Record2024$10,810 ($901 / month)
Home Facts
Beds1Total Finished SqFt439 SqFtAbove Grade Finished SqFt439 SqFtStyleCondominiumYear Built2022Zoning6401:COMMERCICountyMIAMI-DADEAPN01-4137-078-0790

Schools near 398 Northeast 5th Street, Unit 2403

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Frederick R. Douglass Elementary School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

398 Northeast 5th Street, Unit 2403 is a condo for sale in Miami, FL 33132. This property was listed for sale on January 22, 2026 by Luxe Properties, it's currently listed at $410,000. It has been on the market for a total of 5 days and was last sold on October 20, 2023. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Frederick R. Douglass Elementary School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 398 Northeast 5th Street, Unit 2403 is a 1-bed, 1-bath, 490 sqft condo built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Luxe Properties

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.