Condominium

398 NE 5th St # 2004

398 NE 5th St # 2004, Miami FL 33132 Get directions

$686,900

For Sale New — 13 days on market

1 Bed · 1 Bath · 443 SqFt

See estimated monthly cost

This listing is courtesy of Realty One Group Evolution. Carolina De Vasconcelos Gomez

Overview

Discover an exceptional opportunity to own at The Elser Hotel & Residences, in the heart of Downtown Miami! This fully furnished junior suite on the 20th floor offers 443 sq. ft. of living space, a functional open-concept layout, modern finishes, an equipped kitchen, in-unit washer and dryer, and a private balcony. Enjoy the perfect combination of comfort, luxury, and convenience in a premier high-rise building featuring resort-style amenities, including a spectacular pool overlooking Biscayne Bay, fitness center, concierge services, valet parking, dining options, and inviting social spaces. Ideally located steps from Miami Worldcenter, Kaseya Center, Bayside Marketplace, Brightline Station, and Downtown Miami's finest restaurants, shopping, and entertainment. Currently operated as a short-term rental through the hotel program, with the option to use another approved rental management company, subject to applicable regulations and agreements. An attractive opportunity for investors or those seeking a Miami getaway. Experience the vibrant Downtown Miami lifestyle at The Elser!

Facts & features

Interior

Living area (sq ft)
443
Full bathrooms
1
  • First Floor Entry

Building & exterior

Year built
2022
Garage spaces
1
Covered spaces
1
  • Bay
  • Valet

HOA (homeowners association)

Association fee
$2,055 per quarter
Pets allowed
Yes
  • Elevator(s)
  • Exercise Room
  • Other
  • Pool
  • Sauna
  • Spa/Hot Tub
  • See Broker Remarks

Taxes

Annual tax
$10,640
Tax year
2025
Parcel number
01-41-37-078-1090

Listing

MLS number
A12112238
Property type
Condominium
Price per SqFt
$1,551
Sale condition
Short sale
Subdivision
MAP OF MIAMI DADE CO. FL.
On market since
Oct 23, 2026
Days on market
13

Estimated monthly cost

$5,560 per month

Principal & interest (30 yr)
$3,473
Property tax
$887
Insurance (estimated)
$515
Association fee
$685

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • New World School of the Arts Public · 9-12 · 0.31 mi
  • School For Advanced Studies Wolfson Public · 11-12 · 0.31 mi
  • Law Enforcement Officers Memorial Senior High Public · 9-12 · 0.58 mi
  • Downtown Miami Charter School Charter · K-6 · 0.65 mi
  • School Board Adm - Main Building Public · 0 · 0.71 mi
  • Anna Brenner Meyers Telecommunication Complex Public · 0 · 0.74 mi
  • K-12 Distance Learning Public · K-12 · 0.74 mi
  • iPrep Academy Public · PK-12 · 0.75 mi
  • Primary Learning Center Public · PK-4 · 0.75 mi
  • Miami-Dade Online Academy Public · K-12 · 0.75 mi
  • Key Point Academy Downtown Private · PK-12 · 0.76 mi
  • School Board Adm -Garage Public · 0 · 0.79 mi
  • The Learning World Academy in Downtown Private · PK-01 · 0.80 mi
  • KLA Schools of Brickell Private · NS-PK · 0.84 mi
  • RJW The Academy of Arts Sciences Private · KG-11 · 0.84 mi

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