For saleUnder contractUnder contract since Sep 25, 2026
$1,099,000

398 NE 5th St #3901, Miami, FL 33132

3 beds3 baths1,150 sq ft$956 per sq ftBuilt 2022

As of , this 3 bedroom, 3 bath condo at The Elser Hotel & Residences is under contract; it was listed at $1,099,000 ($956 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2022
HOA fee
$1,769 / month
Property tax
$22,418 (2025)
Parking
1 garage space
View
Bay, Other, Skyline, Water
Waterfront
No
Pets
Pets allowed, with restrictions
Cooling
Central Air, Electric
Heating
Central, Electric
MLS number
A11790416

Listing information

Listing courtesy of RGI Realty, 305-812-8688, roberta@rgirealty.com

Listing agent: Roberta Ingletto, Roberta@RGIRealty.com

BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.

MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.

Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.

Listing last changed .

From the listing

An elegant, high-floor residence created for those who want to experience Miami with ease without the responsibilities of full-time ownership.Perfectly positioned in Downtown Miami, this turnkey unit functions as a refined pied-à-terre for buyers who value proximity to Brickell, Miami Beach, the Design District, and the airport, making arrivals and departures effortless. Whether used as a personal retreat or a flexible city base, the location offers unmatched connectivity to Miami’s most vibrant neighborhoods.When not in residence, owners may participate in professionally managed short-term rental programs, allowing the property to generate income in a fully hands-off manner. This structure is ideal for buyers who prefer simplicity and professional oversight rather than day-to-day rental operations.This is not a traditional investment property, it is a lifestyle-driven asset designed for those seeking flexibility, convenience, and optional revenue without operational complexity.Vacant and available for private showings.

The text above is the listing description from the MLS, as written by the listing agent.

The building

The Elser Hotel & ResidencesAs of , The Elser Hotel & Residences has 53 condos for sale, most from $525,000 to $1,379,000, and 24 for rent. The median asking price is $1,411 per sq ft.See all units and prices in this building

The Miami market

As of , the median asking price in Miami is $639,000, or $497 per sq ft, across 8,404 listings for sale. The median listing for sale there has been on the market for 91 days.

Price and status history

Listing date
Under contract
Original list price
$1,300,000
Price changes
1
DateEventPrice
Price changed$1,300,000 → $1,099,000
Listed$1,300,000

From the MLS. RealVista does not show sold prices.

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