398 NE 5th Street 1518, Miami, FL 33132 (MLS# A12112486)

398 NE 5th Street 1518, Miami, FL 33132

New Listing

$1,499,000

Covered balcony featuring wood-finish flooring, glass panel railings, and metal structural framing

Covered balcony featuring wood-finish flooring, solid partition walls, and a glass-panel railing

High-rise urban landscape featuring expansive city skyline architecture and elevated metropolitan infrastructure

Contemporary kitchen featuring flat-panel cabinetry, stainless steel appliances, subway tile backsplash, recessed lighting, and wood-finish flooring

Floor-to-ceiling windows with access to a balcony, wood-finish flooring, and wall-mounted television hardware

Custom closet system featuring dark wood-finish cabinetry, integrated shelving, hanging rods, and two soft-close drawers, complemented by wood-finish flooring

Wall-mounted floating vanity with integrated sink, rectangular illuminated mirror, white subway-tiled shower surround, matte black plumbing fixtures, and installed safety grab bars

Floor-to-ceiling windows, wood-finish flooring, and a solid wood-finish door with matte black hardware

Floor-to-ceiling windows, wood-finish flooring, and access to a private balcony with water scenery

Dual wood-finish floating vanities featuring stone-style countertops, rectangular undermount sinks, matte black fixtures, and integrated LED-backlit mirrors

Dual vanity with light wood-finish cabinetry, solid surface countertops, integrated LED-lit mirrors, and glass-enclosed shower with subway tile

Wood-finish flooring, full-height built-in storage cabinetry, and floor-to-ceiling glass paneling

Neutral-toned upholstered headboard with integrated nightstand, wood-finish flooring, and dark-finished solid core swing door

Open-concept area featuring wood-finish tile flooring, recessed ceiling lighting, and floor-to-ceiling windows

Open-concept interior featuring wood-finish tile flooring, custom flat-panel cabinetry, stainless steel kitchen appliances, and floor-to-ceiling windows

Floor-to-ceiling glass panel door, wood-finish flooring, recessed lighting, and a private balcony featuring urban scenery

Living area featuring floor-to-ceiling windows, wood-finish flooring, and recessed ceiling lighting

Open-concept interior featuring wood-finish flooring, recessed lighting, and dark-toned interior doors

Laundry closet featuring a built-in front-load washer, dark wood-finish interior doors with matte black hardware, and wood-finish flooring

Infinity-edge lap pool featuring integrated structural columns, metal perimeter railing, and built-in landscape planters

Covered outdoor pool featuring grey stone-finish tile decking, structural concrete support columns, a glass railing system, and linear recessed lighting

Direct oceanfront exposure featuring expansive sandy beach access, mature palm trees, lush dune landscaping, and a paved pedestrian pathway

Covered lap pool featuring dark mosaic tile accents, a multi-colored mural wall, recessed ceiling lighting, and a glass panel railing

Covered swimming pool featuring large-format tile decking, structural concrete columns, a sleek glass railing, and linear ceiling lighting

Elevated urban perspective featuring high-rise architecture, glass-facade skyscrapers, and metropolitan infrastructure

Exposed concrete accent wall with multi-arm fixture, floor-to-ceiling drapery, polished concrete flooring, and decorative brick masonry wall

Expansive covered terrace featuring structural concrete columns, synthetic turf surface, stone-tile flooring, and a glass panel perimeter railing

Covered outdoor bar area featuring a geometric-pattern tile floor, a vertical greenery wall, built-in counter seating, and wood-accented structural pillars

Industrial-style fitness center featuring floor-to-ceiling windows, exposed structural ceiling, wood-finish flooring, rubberized workout surfacing, and decorative globe lighting

Property Amenity Disclosure. Outlining operational details and service inclusions for the property beach access program

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,127 Status: Active

Current Price: $1,499,000 List Date: 10/24/2026 Last Modified: 10/25/2026

Overview

Description

Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS—offering the flexibility of Airbnb and daily rentals.What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations. For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management.Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances. Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness c ... (Read more)

Listing Details MLS# A12112486

General Property Information

Unit Floor #: 15
Property Sub Type: Condominium
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 1127
Living Area Main: 1127
Adjusted Area Main: 1127
Accessibility Features YN: Yes
Year Built: 2024
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 646
Furnished: Furnished

Property Features

Accessibility Features: Accessible Doors; Accessible Elevator Installed; Accessible Entrance; Accessible Full Bath; Accessible Hallway(s); Accessible Kitchen Application Information: No Approvals Association Fee Includes: Cable TV; Common Areas; Elevator; Hot Water; Insurance; Legal/Accounting; Maintenance Grounds; Pest Control; Pool Service; Recreation Facility; Reserve Funds; Roof Repairs; Security; Sewer; Trash; Water Dining Area: Dining/Living Room; Eat-In Kitchen Flooring: Concrete; Tile Property Condition: New Construction Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Construction Materials: CBS Cooling: Central Air Association Type: Condominium; Homeowner Association Heating: Central Interior Features: Elevator Laundry Features: Washer Hookup; Dryer Hookup Listing Terms: Cash; Conventional; Cryptocurrency Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Private Possession: Close Of Escrow; Negotiable Restrictions: Parking - No RV; Parking - No Trailer; Parking - No Truck; Auto Parking On Security Features: Closed Circuit Camera(s); Security System Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit; High Rise Utilities: Cable Available Water Access: None Water View: Bay Waterfront Features: Bayfront Showing Requirements: 24 Hour Notice Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Room Types: Convertible Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 1499000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 398
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 1518
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2063
Postal Zip: 33132
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Development Name: THE ELSER
Area: 2420
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0141370785800
Subdivision Number: 78
Flood Zone: X
Multiple Offers Accepted: Yes

Financial Information

Association YN: Yes
Association Fee: 1300
Association Fee Frequency: Monthly
Estimated Monthly Assoc Recurring Fee: 1300
Membership Fee Required YN: No
Tax Annual Amount: 23078
Tax Year: 2025
Tax Legal Description: 398 NE 5TH STREET CONDO UNIT 1518 UNDIV 0.2854% INT IN COMMON ELEMENTS OFF REC 33416-1520

Status Change Information

Major Change Timestamp: 2026-10-24T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-24

More Information

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Price Calculations

Current Price To SqFt: 1330.07

Section Details

Parcel Number MLX: 5800

Originating Details

Originating System Key: 568392001
Originating System ID: M00000151

Room Information

Room Name
Convertible Bedroom

Listing Office: EXP Realty LLC

Last Updated: October - 25 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.