K-5 Grades
- Elementary
Douglass, Frederick Elementary ↗
Attendance zone Elementary
Distance 0.9 mi
Reading the listing
ACTIVE
MAP OF MIAMI DADE CO. FL.,THE ELSER · Miami, FL 33132 · MLS A12112486
398 NE 5th St #1518
Asking price$1,499,000
LIVE · MLS · AS OF NOV 1, 2026
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,127 SF
- Price per SF $1,330/SF
- Year built
- 2024
What's special
- On the water
- Bay view
- New construction
- Corner unit
- Private beach pavilion
- Spa
Listed by EXP Realty LLC
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.
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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 center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!
Property information
The propertyAs the MLS records it
- Property type
- Condominium
- Year built
- 2024
- Garage spaces
- 1
- Stories
- 646
- Association fee
- $1,300 · Monthly
Size and layout
- Living area
- 1,127 SF
- Bedrooms
- 3
- Bathrooms
- 3
Home and lot
Payment calculator
Estimated monthly payment
$11,461 per month
30-year fixed, 7.32% interest
- Principal and interest
- $8,238
- Property taxes
- $1,923
- Association dues
- $1,300
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.32% for the week of October 22, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
REQUEST A TOUR
See 398 NE 5th St #1518 in person.
Showings of 398 NE 5th St #1518, Miami, FL 33132 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
How to request a showing
Send the request
Use the form on this page, call +1 (786) 473-2565 or write on WhatsApp.
Say when
Name the days and the times that suit you. A second option helps.
Julian confirms
He answers within one business day and confirms the day and the time with you.
The listing and who shows it
- Address
- 398 NE 5th St #1518, Miami, FL 33132
- MLS number
- A12112486
- Listed by
- EXP Realty LLC
- Showings
- Julian Acosta, real estate advisor with Compass
- Reach him
- +1 (786) 473-2565 · WhatsApp ↗ · Text message · E-mail
No lists, no obligation.
Recent market sales nearby
◆ SOURCE · MLS CLOSED SALES · THE LAST TWELVE MONTHS- This home
- Closed sales, by number
Schools
Zoned public schools · Miami-Dade County Public Schools
6-8 Grades
- Middle
de Diego, Jose Middle ↗
Attendance zone Middle
Distance 2.1 mi
9-12 Grades
- Senior high
Washington, Booker T. Senior High ↗
Attendance zone Senior high
Distance 1.1 mi
Elementary · PK–5Middle · 6–8Senior high · 9–12 Color marks the grades a school serves, never a rating.
◆ SOURCE · MIAMI-DADE COUNTY GIS · ATTENDANCE BOUNDARIES EDITED SEP 21, 2026
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ABOUT THIS LISTING
Where this listing's information comes from.
◆ MIAMI REALTORS® · SOUTHEAST FLORIDA MLS◆ UPDATED NOV 1, 2026◆ MLS A12112486
The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by EXP Realty LLC. Julian Acosta is a real estate advisor with Compass.
Compass Coral Gables · 1515 Sunset Dr, Suite 40, Coral Gables, FL 33143 · julian.acosta@compass.com · +1 (786) 473-2565
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.
