398 NE 5th St, Unit 3207

442 Sq. Ft.
$1,629 / Sq. Ft.
442
Sq. Ft.
$1,629
per Sq. Ft.

Description

High-floor, fully furnished studio at The Elser Hotel & Residences showcasing panoramic skyline and Biscayne Bay views. Sleek open layout with wood-look porcelain flooring, floor-to-ceiling glass, and a private balcony. Turnkey and rental-ready with daily rentals permitted and no minimum lease—ideal for income-producing ownership or flexible luxury living. Full-service condo-hotel offering a 24/7 front desk, resort-style amenities, and a prime Downtown Miami location near Miami Worldcenter, dining,...High-floor, fully furnished studio at The Elser Hotel & Residences showcasing panoramic skyline and Biscayne Bay views. Sleek open layout with wood-look porcelain flooring, floor-to-ceiling glass, and a private balcony. Turnkey and rental-ready with daily rentals permitted and no minimum lease—ideal for income-producing ownership or flexible luxury living. Full-service condo-hotel offering a 24/7 front desk, resort-style amenities, and a prime Downtown Miami location near Miami Worldcenter, dining, and entertainment.
  1. Listed by Margarita Zapata • BM2 Realty

Property Details for 398 Northeast 5th Street, Unit 3207

Subdivision
MAP OF MIAMI DADE CO. FL.
Complex Name
The Elser
Style
Efficiency
Waterfront
Yes
Waterfront Description
Bay Front
View
Bay, Ocean View, Water View
Unit View
Bay, Ocean View, Water View
Area
32
LISTING UPDATED: 02/12/2026 04:32 PM

Property Details for 398 Northeast 5th Street, Unit 3207

StatusActive
MLS #A11949064
Days on Market28
Taxes$11,038 / year
HOA Fees$680 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo
Year Built2022
CountyMiami-Dade County

Location

Listing Courtesy of BM2 Realty
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Building Information for 398 Northeast 5th Street, Unit 3207

Building/ComplexMAP OF MIAMI DADE CO. FL.Floor32Stories49Residences-Pet Policy-Pet Policy Details-Year Built2022

Payment Calculator

$5,109 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,509

Property Taxes

$920

HOA Dues

$680

The Payment Calculator is for illustrative purposes only.

Property Information for 398 Northeast 5th Street, Unit 3207

Location Information
Location Information
  • Parcel Number Free Text: 01-41-37-078-2230
  • Parcel Number MLX: 2230
  • MLS Area: 32
  • Municipal Code: 1
  • Township Range: 41
  • Section: 37
  • Subdivision Number: 78
  • Subdivision Complex Bldg: The Elser
  • Unit Floor Location: 32
  • Total Floors In Building: 49
General Information
Parking
  • Num Garage Spaces: 1
  • Parking Description: 1 Space
General Information
  • Housing Older Persons Act: No HOPA
  • Property Detached: No
  • Minimum Num of Days for Lease: 1
  • Num Times Leased Year: 365
  • Type of Governing Bodies: Condominium
  • Unit Design: East Of Us1, High Rise
  • Water Access: None
  • Construction: Concrete Block With Brick, CBS Construction
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Security Information: Doorman, Elevator Secure, Card Entry
Room Information
Room Information
  • Bedroom Description: Studio
Additional Property Information
Utilities
  • Heating Description: Central Heat, Electric Heat
  • Cooling Description: Central Cooling, Electric Cooling
Additional Property Information
  • Pets Allowed: Yes
  • Pets Allowed: Yes
  • Pet Restrictions: None
  • Guest Accommodations: No
  • Room Count: 0
  • Interior Features: Built-Ins, Walk-In Closets
  • Equipment Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator
  • Exterior Features: High Impact Doors, Open Balcony
  • Maintenance Includes: Building Exterior, Common Area, Elevator, Pool Service, Security, Trash Removal, Water
  • Amenities: Bar, Business Center, Clubhouse-Clubroom, Elevator, Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub, Trash Chute
Financial Information
Financial Information
  • Total Mortgage: $386,470
  • Type of Association: Condo
  • Assoc Fee Paid Per: Monthly
  • Flood Zone: X
  • Tax Year: 2024
  • Tax Information: Tax Reflects City & County Tax
  • Special Information: As Is
  • Special Assessment: No
Rental Information
Rent Information
  • Approval Information: Association Approval Required
Rent Status
  • Other Fees: $0

Property History for 398 Northeast 5th Street, Unit 3207

DateEvent & SourcePriceAppreciation
Jan 23, 2026

Listed (Active)

MiamiRE #A11949064

$720,000
DateEvent & SourcePrice
01/23/2026

Listed (Active)

MiamiRE #A11949064

$720,000

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 3207

Taxable ValueLand-Additions-Total-
Tax Record2025$11,037 ($920 / month)
Home Facts
Beds1Total Finished SqFt442 SqFtAbove Grade Finished SqFt442 SqFtStyleCondominiumYear Built2022Zoning6401:COMMERCICountyMIAMI-DADEAPN01-4137-078-2230

Schools near 398 Northeast 5th Street, Unit 3207

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.

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398 Northeast 5th Street, Unit 3207 is a condo for sale in Miami, FL 33132. This property was listed for sale on January 23, 2026 by BM2 Realty, it's currently listed at $720,000. 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 3207 is a 0-bed, 1-bath, 442 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 BM2 Realty

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.