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Downtown Miami For Sale CONDOMINIUM PRICE REDUCED

398 NE 5th Street # 2118, Miami FL 33132

398 NE 5th Street # 2118, Miami FL 33132

$1,190,000 ≈ ₿18.0631

MLS B26041166 · 37 days on market

3

Beds

3

Baths

1,135

SQUARE FEET

Condominium

Type

2022

Built

$1,560

HOA / mo

Listing courtesy of

Linart Realty, LLC

Arthur Covas

MLS® #B26041166

Listing information last updated July 11, 2026

MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Linart Realty, LLC — and every agent and broker in Miami — to get the deal done.

Overview

This condo in Downtown Miami has 3 bedrooms and 3 bathrooms across 1,135 square feet, and is listed for sale at $1,190,000 (about $1,048 per square foot). Built in 2022.

Sophisticated Fully Furnished 3BR/3BA Corner Unit Residence at The Elser Hotel & Residences. Discover unmatched luxury in thisDowntown Miami turnkey unit, featuring floor-to-ceiling windows and a 180-degree balcony showcasing panoramic Biscayne Bay and city skyline vistas. Highlights include a gourmet kitchen with premium appliances, 9’2” ceilings, smart home tech, and designer finishes. Ideal for investors (unrestricted short-term rentals) or full-time luxury living. Building amenities: rooftop infinity pool, 24/7 concierge, valet, and fitness center. Steps from Bayfront Park, Michelin-starred dining, and Biscayne Boulevard’s vibrant scene. A rare blend of elegance, location, and investment potential. Schedule your private tour today!

Listing history

Price reduced

↓ $40,000 from $1,230,000 · Jul 10, 2026 · MIAMI MLS

$1,190,000

Listed for sale

Jun 15, 2026 · MIAMI MLS

$1,230,000

Days on market

as of today

37 days

Building & financials

FROM MIAMI MLS

The carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.

HOA / association dues

$1,560 / mo

Annual property tax (2025)

$21,109

Association type

Condo

HOA dues include

Cable TvInsuranceInternet/WiFiLegal/AccountingManagerParkingPool ServiceReserve FundSewerTrash RemovalWater

Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.

Property details

MLS #B26041166
Price$1,190,000
Size1,135 Square Feet
Bedrooms3
Bathrooms3
Garage1
Year built2022
TypeCondominium
StatusFor Sale
HOA$1,560 / mo
Price / Square Feet$1,048

Features & amenities

Dishwasher
Disposal
Dryer
Electric Range
Electrical Utility Available
Garage Attached
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Pool
Has Waterfront
Home Owners Association
Microwave
Open Balcony
Refrigerator
Split Bedroom
Utility Room/Laundry
Walk-In Closet(s)
Washer

Location

398 NE 5th Street # 2118, Miami FL 33132

Estimate your payment

$

Est. monthly payment

per month

Principal & interest
Property tax (est.)
HOA$1,560
Down (20%)
Ask about real rates →

Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.

Questions, answered

How many bedrooms does this property have?

This Downtown Miami condo has 3 bedrooms.

How many bathrooms does this property have?

This Downtown Miami condo has 3 bathrooms.

What is the square footage?

This Downtown Miami condo offers 1,135 square feet of living space.

When was this property built?

This Downtown Miami condo was built in 2022.

How many parking spaces are included?

This Downtown Miami condo includes 1 parking space.

What is the HOA fee?

The HOA / association fee for this Downtown Miami condo is $1,560 monthly.

What are the annual property taxes?

Annual property taxes for this Downtown Miami condo are approximately $21,109, per the latest tax record.

How long has this property been on the market?

This Downtown Miami condo has been on the market for 26 days.

Ask about this home

Questions on price, building, or financing? Send a note — we reply fast.

Book a private showing

Schedule a tour of 398 NE 5th Street # 2118, Miami FL 33132

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$1,190,000

398 NE 5th Street # 2118, Miami FL 33132

Downtown Miami · 3 bd · 3 ba · 1,135 Square Feet

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Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 37 days on market.

We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.

$1,190,000

3 bd · 3 ba · 1,135 Square Feet

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