398 NE 5th St

Miami, FL 33132

$3,100/mo

1Beds

1Baths

430Sq ft

2022Year built

CondoType

About this home

Picture this… You wake up on the 40th floor. You walk toward the window, coffee in hand, and Miami is right there in front of you. Biscayne Bay stretching out, the skyline glowing, and the Signature Bridge lighting up at night like a piece of art just for you. That’s not a vacation. That’s your everyday life. This 1-bedroom, 1-bath residence at The Elser is ready when you are. High ceilings, sleek Italkraft kitchen, and floor-to-ceiling windows that make the city feel like part of your living room. Enjoy downstairs at the resort-style pool, in the two-story gym, at the spa, or stepping out to some of the best dining and nightlife Miami has to offer. Valet, concierge, smart building tech everything is handled. It’s elevated, effortless, and exactly what Miami living should feel like. Come see it in person. Once you step inside, you’ll get it.

Features

Waterfront

Property details

Listing

MLS #: A11769688
Status: For sale
Listed on: Mar 26, 2025
Days on market: 505 days
Listing data updated: May 19, 2026

Interior

Beds: 1
Baths: 1
Living area: 430 ft²
Unit: 4008

Building & community

Type: Condo
Year built: 2022
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?