$1,200,000

398 NE 5TH ST #1601, MIAMI, FL 33132

3 beds3 baths1,150 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026

This home against Downtown

$1,043 per sq ft, 24% over the Downtown median
37 days on the market
$23,550 in property taxes (2025)
Waterfront

Downtown today: 393 homes for sale, median list price $599,000.

About this home

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 yearround 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!

Zoned schools

Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Paul S. Walker Urbanscape, 0.2 mi
Grocery: Whole Foods Market, 0.2 mi

Distances from the center of Downtown, MIAMI.

Listing courtesy of My Realty Group, LLC.. MLS# A12097432.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed September 27, 2026.

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