Condominium
398 NE 5th St # 2904
398 NE 5th St # 2904, Miami FL 33132 Get directions
$599,999
1 Bed · 1 Bath · 443 SqFt
See estimated monthly costThis listing is courtesy of Keller Williams Eagle Realty. Elena Londono
Overview
Experience luxury living and exceptional investment potential at The Elser Hotel & Residences in the heart of Downtown Miami. This beautifully furnished residence features floor-to-ceiling impact glass, premium finishes, a fully equipped gourmet kitchen, private balcony, and breathtaking panoramic views of Biscayne Bay and the Miami skyline. With no rental restrictions, owners may enjoy the residence as a primary or secondary home or maximize income through daily, weekly, short-term, or long-term rentals. An optional professionally managed onsite rental program offers seamless ownership and income potential. Residents enjoy world-class amenities including a resort-style bayfront pool deck with private cabanas, two-story fitness center, yoga studio, coworking spaces, owners' lounge, restaurant, café, concierge, valet, and 24-hour security. Ideally located across from Bayfront Park and Bayside Marketplace and just steps from the Kaseya Center, Brightline, PortMiami, Brickell, the Adrienne Arsht Center, world-class dining, shopping, and entertainment. A rare opportunity to own a flexible luxury residence in one of Miami's most sought-after waterfront destinations.
Facts & features
Interior
- Living area (sq ft)
- 443
- Full bathrooms
- 1
- Furnished
- Furnished
- Fire Sprinklers
- Other
- Walk-In Closet(s)
Building & exterior
- Year built
- 2022
- Garage spaces
- 1
- Covered spaces
- 1
- Ocean View
- Skyline
- Water View
- Open Balcony
- 1 Space
- Valet
HOA (homeowners association)
- Association fee
- $494 per month
- Pets allowed
- Yes
- Bar
- Barbecue
- Business Center
- Elevator(s)
- Exercise Room
- Heated Pool
- Pool
- Sauna
- Daily Rentals Allowed
Taxes
- Annual tax
- $10,496
- Tax year
- 2025
- Parcel number
- 01-41-37-078-1180
Listing
- MLS number
- A12039636
- Property type
- Condominium
- Price per SqFt
- $1,354
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- On market since
- Jun 28, 2026
- Days on market
- 58
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Jun 28, 2026 | Listed | $680,000 | — |
| Aug 25, 2026 | Price change | $599,999 | −$80,001 (−11.8%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$4,853 per month
- Principal & interest (30 yr)
- $3,034
- Property tax
- $875
- Insurance (estimated)
- $450
- Association fee
- $494
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
Nearby schools
- New World School of the Arts
- School For Advanced Studies Wolfson
- Law Enforcement Officers Memorial Senior High
- Downtown Miami Charter School
- School Board Adm - Main Building
- Anna Brenner Meyers Telecommunication Complex
- K-12 Distance Learning
- iPrep Academy
- Primary Learning Center
- Miami-Dade Online Academy
- Key Point Academy Downtown
- School Board Adm -Garage
- The Learning World Academy in Downtown
- KLA Schools of Brickell
- RJW The Academy of Arts Sciences
Comparables in this building
- 398 NE 5th Street # 2403, Miami FL 33132 $415,000
- 398 NE 5th St # 4507, Miami FL 33132 $520,000
- 398 NE 5th St # 3008, Miami FL 33132 $450,000
- 398 NE 5th St # 1905, Miami FL 33132 $420,000
Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.