398 NE 5th St, Unit 2418

Miami, FL 33132

$1,600,000
Price
3
Beds
1,135 Sq. Ft.
$1,410 / Sq. Ft.
1,135
Sq. Ft.
$1,410
per Sq. Ft.
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a picture of city view
a view of a dining room with furniture window and wooden floor
a kitchen with a table chairs a sink and appliances
a view of a dining room with furniture and wooden floor
a dining room with furniture and wooden floor
a living room with furniture and a large window
a living room with furniture and wooden floor
a living room with furniture and a lamp
a living room with furniture and a flat screen tv
a large kitchen with a table and chairs
a dining room with a sink and a stove top oven
a view of a dining room with furniture and wooden floor
a kitchen with a sink and cabinets
a kitchen with stainless steel appliances a sink stove and refrigerator
a living room with furniture and a wooden floor
a big room with closet dryer and washer
a bedroom with two bed and painting on the wall
a bedroom with a bed and a large window
a bedroom with a large window and a balcony
a bedroom with a bed and a painting on the wall
a bedroom with a large bed and a painting on the wall
a bedroom with a large bed and a large window
a bedroom with a bed and with furniture
a bedroom with a bed and a mirror
a bathroom with a sink a toilet and shower
a bathroom with a sink a toilet and mirror
a bedroom with a bed and a large window
a bedroom with a bed and a large mirror
a bedroom with a bed and a flat screen tv
a bathroom with a sink toilet and shower
a view of a city
a view of a terrace with sitting area
a view of a hallway
a city view from the balcony

Description

Attention Investors: Short-Term Rental Approved Residence at The Elser
Exceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential. This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of...Attention Investors: Short-Term Rental Approved Residence at The Elser

Exceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential. This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of Biscayne Bay and the Miami skyline. Contemporary finishes include a modern kitchen with stainless steel appliances, custom cabinetry, and elegant bathrooms with frameless glass showers. Delivered fully furnished and turnkey, the residence is ready for immediate personal use or rental income. The spacious 3-bedroom layout is especially attractive for short-term rentals and group travel, maximizing occupancy and rental potential. Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, sauna, concierge services, and lounge areas. Located steps from Bayfront Park, the waterfront, dining, entertainment, and major attractions, this property benefits from strong year-round tourism demand. With daily rentals permitted according to condominium regulations, owners can maximize income. Miami will host seven FIFA World Cup matches in 2026, driving some of the highest short-term rental demand in the city.
  1. Listed by Ana Osorio De Vega PA • EXP Realty LLC
    P: (888)-883-8509 C: (561)-225-4604 ana@theanavegagroup.com

Property Details for 398 Northeast 5th Street, Unit 2418

Subdivision
MAP OF MIAMI DADE CO. FL.
Complex Name
The Elser
Style
Condo 5+ Stories
Waterfront
No
View
Ocean View, Other View
Unit View
Ocean View, Other View
Area
41
Sq Ft Total
1135
LISTING UPDATED: 03/06/2026 06:00 PM

Property Details for 398 Northeast 5th Street, Unit 2418

StatusActive
MLS #A11972846
Days on Market75
Pet Policy-
Taxes$22,186 / year
HOA Fees$1,307 / month
Condo/Co-op Fees-
Property TypeCo-op
MLS TypeCondo/Co-Op/Villa/Townhouse / Co-Op
Year Built2022
CountyMiami-Dade County
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Location

Listing Courtesy of EXP Realty LLC
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Building Information for 398 Northeast 5th Street, Unit 2418

Building/ComplexMAP OF MIAMI DADE CO. FL.Floor24Stories49Residences-Pet Policy-Pet Policy Details-Year Built2022

Payment Calculator

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$11,129 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,973

Property Taxes

$1,849

HOA Dues

$1,307

The Payment Calculator is for illustrative purposes only.

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Property Information for 398 Northeast 5th Street, Unit 2418

Location Information
Location Information
  • Parcel Number Free Text: 01-41-37-078-5890
  • Parcel Number MLX: 5890
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 37
  • Subdivision Number: 78
  • Subdivision Complex Bldg: The Elser
  • Unit Floor Location: 24
  • Total Floors In Building: 49
General Information
Parking
  • Num Garage Spaces: 0
  • Num Carport Spaces: 0
  • Carport Spaces: 0
  • Parking Description: Other Parking
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 365
  • Num Times Leased Year: 1
  • Type of Governing Bodies: Condominium
  • Unit Design: Other
  • Construction: Concrete Block Construction, Brick Veneer
  • Construction Type: Concrete Block Construction, Brick Veneer
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11972846
  • Security Information: No Security
Room Information
Room Information
  • Bedroom Description: Other
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
Additional Property Information
  • Pets Allowed: No
  • Pets Allowed: No
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Closet Cabinetry, Elevator, Skylight
  • Equipment Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer
  • Exterior Features: High Impact Doors, Open Balcony, Other
  • Maintenance Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Parking, Pool Service, Recreation Facilities, Sewer, Trash Removal, Water
  • Amenities: Bar, Elevator, Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
Financial Information
Financial Information
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: X
  • Tax Year: 2025
  • Tax Information: Tax Reflects No Exemptions
  • Special Information: As Is
  • Special Assessment: No
Rental Information
Rent Information
  • Approval Information: 3-4 Weeks Approval, Application Fee Required
Rent Status
  • Other Fees: $150

Property History for 398 Northeast 5th Street, Unit 2418

DateEvent & SourcePriceAppreciation
Mar 6, 2026

Listed (Active)

MiamiRE #A11972846

$1,600,000—
Dec 4, 2025

Expired

Beaches MLS #R10997780

$1,550,000—
Jun 20, 2024

Listed (Active)

Beaches MLS #R10997780

$1,700,000—
DateEvent & SourcePrice
03/06/2026

Listed (Active)

MiamiRE #A11972846

$1,600,000
12/04/2025

Expired

Beaches MLS #R10997780

$1,550,000
06/20/2024

Listed (Active)

Beaches MLS #R10997780

$1,700,000

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

Public Records for 398 Northeast 5th Street, Unit 2418

Taxable ValueLand-Additions-Total-
Tax Record2025$22,186 ($1,849 / month)
Home Facts
Beds3Total Finished SqFt1,135 SqFtAbove Grade Finished SqFt1,135 SqFtStyleCondominiumYear Built2022Zoning6401:COMMERCICountyMIAMI-DADEAPN01-4137-078-5890

Schools near 398 Northeast 5th Street, Unit 2418

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Frederick R. Douglass Elementary School
Public - PK to 5
Air Base K-8 Center for International Education
Public - PK to 8
Jose De Diego Middle School
Public - 6 to 8
Robert Morgan Voc-Tech Institute
Public - 9 to 12
Rating
School
Distance
Frederick R. Douglass Elementary School
PublicPK to 5

Air Base K-8 Center for International Education
PublicPK to 8

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.

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More information about 398 Northeast 5th Street, Unit 2418, Miami, FL 33132

398 Northeast 5th Street, Unit 2418 is a co-op for sale in Miami, FL 33132. This property was listed for sale on March 6, 2026 by EXP Realty LLC, it's currently listed at $1,600,000. It has been on the market for a total of 75 days and was last sold on September 19, 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 2418 is a 3-bed, 3-bath, 1,135 sqft co-op 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.

Listing Courtesy of EXP Realty LLC

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.