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Pinnacle Real Estate Group – FL

398 NE 5th Street 1902, Miami, FL 33132 (MLS# A12086164)

398 NE 5th Street 1902, Miami, FL 33132

New Listing
$489,000
Property Type: Residential Baths: 1 Square Footage: 430 Status: Coming Soon
Current Price: $489,000 List Date: 9/09/2026 Last Modified: 9/11/2026

Overview

Description

PRICED TO SELL — AND PRICED AGAINST CLOSED SALES, NOT ASKING PRICES. Residence 1902 at The Elser: a north-facing studio on the 19th floor, fully furnished and turnkey, furniture package conveys. 9'2" ceilings and floor-to-ceiling glass frame the Downtown skyline north toward Edgewater. Italkraft cabinetry, quartz countertops, stainless steel appliances, in-unit full-size washer/dryer, keyless entry and Ecobee smart thermostat. Daily short-term rentals or annual leases both permitted — and twelve months of operator statements are available to qualified buyers, so this residence is underwritten on documented revenue, occupancy and ADR rather than projections. Building amenities: 132-foot bayfront pool deck, two-story fitness center, two-level co-working Lab with reservable conference rooms, lobby bar and restaurant by Jaguar Sun, concierge and valet. HOA includes Wi-Fi and cable. Two blocks to Miami Worldcenter; walk to Kaseya Center, Brightline, Bayside and the Port of Miami.

Listing Details MLS# A12086164

General Property Information

Unit Floor #
19
Property Sub Type
Condominium
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
430
Living Area Main
430
Adjusted Area Main
430
Year Built
2022
Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Senior Community YN
No
Waterfront YN
Yes
Stories Total
49

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Dining Area: Dining/Living Room Flooring: Other Leasing Permitted Details: Okay To Lease During First Year; Short Term Rentals Allowed Property Condition: Resale Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Construction Materials: Block Cooling: Central Air Association Type: Condominium Heating: None Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Security Features: Key Card Entry; Security System Special Information: Sold As-Is Tax Information: City/County Unit Description: High Rise View: Other Water Access: None Water View: Bay Waterfront Features: Bayfront Showing Requirements: Appointment Only

Contract Information

Comp Sale YN
No
Original List Price
495000
Occupant Type
Vacant

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
1902
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33132
Postal Code +4
2069
Postal Zip
33132
Subdivision Name
The Elser Hotel Miami
Area
2420
Elementary School
Frederick Douglass
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0141370780400
Subdivision Number
78
Flood Zone
X

Financial Information

Association YN
Yes
Association Fee
6000
Association Fee Frequency
Annually
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
500
Membership Fee Required YN
No
Tax Year
2025
Tax Legal Description
398 NE 5TH STREET CONDO UNIT 1902 UNDIV 0.1089% INT IN COMMON ELEMENTS OFF REC 33416-1520

Status Change Information

Major Change Timestamp
2026-09-11T23:20:29Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-11T23:20:29Z
Status Change Date
2026-09-11

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Entry Information

Entry Level
Yes

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Open Parking Spaces
Yes

Leasing Restrictions

Leasing - Max Times Per Year
12
Leasing - Minimum Number of Days
30

Storm Protection

Impact Glass
Partial

Price Calculations

Current Price To SqFt
1137.2

Section Details

Parcel Number MLX
0400

Originating Details

Originating System Key
562590835
Originating System ID
M00000151
IDX
Listing Office: Pink Miami Real Estate
Last Updated: September - 11 - 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.

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