$1,090,000

398 NE 5TH ST #2017, MIAMI, FL 33132

2 beds3 baths1,043 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026

This home against Downtown

$1,045 per sq ft, 24% over the Downtown median
274 days on the market
Price cut $110,000 since it was listed at $1,200,000
$26,000 in property taxes (2025)

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

About this home

Turn-key, fully furnished unit @ The Elser. Located in the heart of Downtown Miami. Enjoy stunning 180-degree views from sunrise to sunset, with Biscayne Bay and vibrant city views as your backdrop. 2 Bedroom + Open Den with 3 full baths. Flexible use allows personal enjoyment, full-time living, or income-producing short-term rentals via hotel program or approved platforms. High-end design features a modern kitchen, washer & dryer, and private balcony. Hotel amenities include a wrap-around bayfront pool & bar, two-story fitness center, spa, business center, valet, concierge, and South Beach beach club service. Steps from Bayside Marketplace, Kaseya Center, Brightline, theraters, Brickell & minutes to Port of Miami & Wynwood. Live, rent, or both—luxury lifestyle and investment in one.

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 Keller Williams Legacy. MLS# F10546420.

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

Listed February 2, 2026.

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