398 NE 5TH # 4118, Miami FL 33132 | Miami, FL | 3 Bed 3 Bath | $1299K | Brickellsold

Condo ownership cost

True Monthly Ownership Cost

A buyer-facing estimate built only from reported MLS figures. Not a loan offer or a substitute for association documents.

Known monthly costsEstimate

HOA / association fee: $1,716/moListed $1,716 monthly
Property tax: $1,945/moPrior-year annual $23,345 (2025)
Known monthly subtotal: $3,661/mo

Financing assumptionsEditable

Adjust these to match your quote. Mortgage shown is principal & interest only.

Down payment %

Interest rate %

Term (years)

Estimated mortgage (P&I): $6,568/mo
Estimated total (with mortgage): $10,229/mo

Not included — unknown or not verified

Mortgage principal & interest (shown separately as an editable estimate)
Homeowners / hazard insurance
Utilities and internet
Special assessments or pending repairs
Parking, storage, and other association fees

Estimates only — based on the listing's reported HOA and prior-year tax figures and your financing inputs. Confirm exact fees, taxes, insurance, utilities, and any assessments with the association, a licensed lender, and public records before making a decision.

Purchase tax estimate Florida insurance guide Request condo documents & cost review

Price History

Event	Price	Date
Original list price	$1,399,000	Aug 26, 2026
Current list price	$1,299,000	Sep 12, 2026

Similar Properties

Unit No. 4118

398 NE 5TH # 4118, Miami FL 33132

Miami , Miami-Dade County

3-Bed Condominium at The Elser Residences in Miami

$1,299,000

Brickellsold Estimate* (fallback: list price)$1,299,000 (list price)

For Sale

bedrooms

bathrooms

Square Footage

1135

Type of Property

Condominium, Residential

Details

Overview

Sub Type

Condominium

Price Per Sqft

$1,144/sqft

Built In

2022

Association Fee

$1,716/mo HOA

Taxes

$23,345/yr

Description

Fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, with daily rentals permitted. Featuring floor-to-ceiling impact windows, modern open-concept design, and stunning Biscayne Bay and Miami skyline views. Turnkey and ideal for personal use or income generation. Enjoy resort-style amenities including rooftop pool, fitness center, 24-hour concierge, valet, and more, just steps from Bayfront Park, dining, entertainment, and the waterfront.

This condominium home located at 398 NE 5TH # 4118, Miami FL 33132 is currently for sale and has been available on Brickellsold for 17 days. This property is listed at $1M. It has 3 beds, 3 bathrooms, and is 1135 square feet. It was built in 2022. 398 NE 5TH # 4118, Miami FL 33132 is in Miami county Miami-Dade County.

Interior

Bedrooms

Bathrooms

Bathrooms Full

Features

Flooring:
Common walls with other units/homes: High Rise

Heating

Central

Cooling

Central Air

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer

Total interior livable area

1,135 sqft

Property

Parking

Parking Features: 1 Space,Other

Parcel Number

01-41-37-078-6060

Features

Entry location: Interior Hall, Lobby, Built-in Features, Closet Cabinetry, Fire Sprinklers, Other
Exterior Features: Open Balcony
Has View: Yes
View Description: Bay, Water View

Construction

Property subtype

Condominium, Residential

Attached to another structure

Yes

Materials

Concrete Block Construction, CBS Construction

Condition

Year Built: 2022

Community & HOA

Community

Security Features: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Guard At Site, Lobby Secured
Subdivision: The Elser Residences

HOA

Has HOA: Yes
Amenities: Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub, Trash Chute
HOA Fees: $1,716/mo

Region

Miami

Financial

Price Per Sqft

$1,144/sqft

Taxes

$23,345/yr

Association Fee

$1,716/mo

On Market Date

8/25/2026

Listing Terms

All Cash, Conventional, FHA, VA Loan

Metadata

Added

8/26/2026

Updated

9/12/2026

MLS#

A12077007

Days on Market

Listed By

EXP Realty LLC

Originating MLS

A-Miami Association of REALTORS

Map

FAQs About 398 NE 5TH # 4118, Miami FL 33132

Condo building intelligence

The Elser Residences

Active, internet-display-eligible inventory only. Sold listings are excluded.

Active units: 9
Median active ask: $890,000
Active asking range: $570,000–$1,450,000
Median active HOA: $1,023/mo*
Median days on market: 68 days
New in last 7 days: 2
Active price reductions: 5
Reductions in last 30 days: 0
Median reduction: 2.9%*
Building year: 2022
MLS flood zones: X
Data refreshed: Oct 29, 2026

Verify flood risk by exact address

The MLS flood-zone field above may be incomplete or outdated. Search the official FEMA map before making an offer, then obtain a property-specific elevation review and insurance quote; a map zone is not an insurance premium.

Search FEMA by property address

Miami-Dade's Storm Surge Planning Zones guide evacuation decisions and are different from FEMA flood zones. Check the exact address before hurricane season.

Check Miami-Dade storm-surge zone

Confirm condo financing before you rely on an estimate

Condo financing can depend on the project, reserves, insurance, litigation, owner occupancy, and your loan program. Search HUD's official FHA project list as a starting point; a lender must confirm current project and borrower eligibility.

Check HUD FHA condo status

Documents to verify

Milestone inspection: Not verified — request current association documents
Structural reserve study (SIRS): Not verified — request current association documents
Special assessments: Not verified — request current association documents
Rental policy: Not verified — request current association documents

Check Florida's official SIRS reporting database

DBPR displays association-submitted completion reports. A match does not verify the study's contents, reserve sufficiency, or building condition; obtain and review the current study itself.

Search DBPR SIRS reports

Buyer verification note

MLS fees, flood zones, and active-market summaries are informational. Official portals are search starting points, not proof of compliance, completeness, or municipal coverage. Obtain the current budget, reserves, insurance, inspection reports, assessments, minutes, litigation disclosures, and rental rules before relying on them.

Florida DBPR Inspections and SIRS Miami-Dade Community Association Registry FEMA Flood Map Service Center Search Miami-Dade recertification by property address

True Monthly Ownership Cost

Known monthly costsEstimate

Financing assumptionsEditable

Not included — unknown or not verified

Price History

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398 NE 5TH # 4118, Miami FL 33132

3-Bed Condominium at The Elser Residences in Miami

Details

Overview

Description

Interior

Property

Construction

Community & HOA

Financial

Metadata

Map

FAQs About 398 NE 5TH # 4118, Miami FL 33132

FAQs About 398 NE 5TH # 4118, Miami FL 33132

The Elser Residences

Documents to verify

Buyer verification note

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