Tour
$10,000 Closing Credit¹
#A11778150, Janis Perez Pabon, Listing Office: EXP Realty LLC
$1,499,000 List price
398 NE 5th St Unit 1601 Miami, FL 33132
$10,000
Closing credit¹
3 beds
3 full
1,150 sqft
$1,303 / sqft
Condo
Property details
About 398 NE 5th St Unit 1601
Experience luxury in this stunning 3-bed, 3-bath residence at The Elser Hotel & Residences in Downtown Miami. Enjoy breathtaking views of Biscayne Bay and the city skyline from floor-to-ceiling windows and a private balcony. The open-concept layout features a gourmet kitchen with high-end finishes, smart keyless entry, and a 9'2" ceiling height. Perfect for investors, this fully furnished unit allows short-term rentals with no restrictions, or live year-round in style. The Elser offers resort-style amenities: a rooftop pool, fitness center, and 24/7 concierge. Steps from Bayfront Park, top dining, and entertainment, this residence delivers a vibrant, sophisticated lifestyle. Schedule a tour today to discover modern Miami living at its finest!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,150 sqft
Year built2022
ParkingValet
MLS #A11750901
WaterfrontBay Front
ViewBay
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Dryer, Dishwasher, Microwave, Washer
- Flooring Type: Tile
- Interior: Closet Cabinetry, Fireplace, Elevator, Bar
- Total Bedroom Count: 3
- Parking: Valet
- Waterfront: Bay Front
- View: Bay
- Exterior: Balcony, Barbecue, Deck, Fence, Security/High Impact Doors
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $1,499,000
- Price/SqFt: $1,303
- HOA Amount: $1,666
- HOA Frequency: Monthly
- Year Built: 2022
- Living Area: 1,150 SqFt
- MLS Number: A11750901
- MLS Name: SEFMIAMI
- Office Name: EXP Realty LLC
- Office Phone: (888) 883-8509
- Office Email: a.shahin.broker@exprealty.net
- Listing Agent: Sandra Guerra
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,499,000
398 NE 5th St Unit 1601
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Downtown Miami Charter School
Public Charter KG-6
0.6 mi
•305 NW 3rd Ave
6
Frederick R. Douglass Elementary School
Public District PK-5
0.8 mi
•314 NW 12th St
8
Miami Children's Museum Charter School
Public Charter KG-5
0.9 mi
•980 MacArthur Cswy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,792. Most Miami, FL residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
58%
<35k
26%
35k-100k
16%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
81%
Single, No Kids
5%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
1%
12-17 yrs old
40%
18-34 yrs old
36%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
BMW
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 398 NE 5th St Unit 1601
The listing price of 398 NE 5th St Unit 1601 property is $1,499,000.
The property 398 NE 5th St Unit 1601 is a condo located in Miami, Florida, 33132.
Active Listing: 398 NE 5th St Unit 1601 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 398 NE 5th St Unit 1601 are: Downtown Miami Charter School (GreatSchools Rating 4/10), Frederick R. Douglass Elementary School (GreatSchools Rating 6/10), Miami Children's Museum Charter School (GreatSchools Rating 8/10), Ada Merritt K-8 Center (GreatSchools Rating 10/10), Lincoln-Marti Charter School Little Havana Campus (GreatSchools Rating 8/10), Mater Preparatory Academy (GreatSchools Rating 7/10), New World School of the Arts (GreatSchools Rating 9/10), School for Advanced Studies-Wolfson (GreatSchools Rating 10/10), Law Enforcement Officers Memorial High School (GreatSchools Rating 6/10).
The property at 398 NE 5th St Unit 1601 has 3 bedrooms and 3 bathrooms.
The property 398 NE 5th St Unit 1601 is 1,150 SqFt (source: MLS/tax record).
The year of construction for 398 NE 5th St Unit 1601 is 2022.
This home is located at 398 NE 5th St Unit 1601 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 1,150 square foot home was built in 2022. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $1,499,000.
While more than 62 listings in Miami, FL in March 2025 were sold above asking price, there were more than 142 listings sold at asking price, and more than 573 were sold below. In March 2025 in Miami, FL there were 13.7% more homes for sale than in February. Listings spent 70 days on the market in March 2025, and had a median list price of $580,300 during the same period.
From Rocket Homes Real Estate and based on county public records data.