MAP OF MIAMI DADE CO. FL.

398 NE 5th St # 3711, Miami FL 33132

2 beds · 2 baths · 818 ft²

For Sale · Active Listing

$1,399,000

7.96%

Est. Payment $7,446/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

818

Sq. Ft.

2022

Year Built

1

Garage

49

Stories

348

Days on Market

Description

Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.

Facts

MLS#
A11837377
Subdivision
MAP OF MIAMI DADE CO. FL.
Property Type
Residential
Property Sub Type
Condominium
Year Built
2022
Lot Size
0 sqft
Sq. Ft.
818 ft²
Sq. Mt.
76 m²
Price per sq. ft.
$1,710/ft²
Price per sq. mt.
$18,408/m²
Stories
49
Garage
1 spaces
Pool
Private
Days on Market
348 days
Listed
Jul 10, 2025
Last Updated
Jun 23, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

39

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

9/22/2025Price change$1,399,000-8.0%
7/10/2025Listed for sale$1,520,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

398 NE 5th St # 3711, Miami FL 33132Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$8,762/mo

Principal & Interest

$7,446

Property Tax

$1,166

Insurance

$150

HOA

$0

20% ($279,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Miami around $1,399,000.

Call NowWhatsApp