Condominium
398 NE 5th St # 3711
398 NE 5th St # 3711, Miami FL 33132 Get directions
$1,379,000
2 Beds · 2 Baths · 818 SqFt
See estimated monthly costThis listing is courtesy of Xcellence. Carlo Ortiz
Overview
Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.
Facts & features
Interior
- Living area (sq ft)
- 818
- Full bathrooms
- 2
- Lobby
- Closet Cabinetry
- Elevator
- Skylight
Building & exterior
- Year built
- 2022
- Garage spaces
- 2
- Covered spaces
- 2
- Pool
- Yes
- Waterfront
- Yes
- Bay
- Skyline
- Barbeque
- 1 Space
- Covered
- Valet
HOA (homeowners association)
- Association fee
- $1,511 per month
- Pets allowed
- Yes
- Bar
- Barbecue
- Elevator(s)
- Other
- Pool
- Private Pool
- Sauna
- Spa/Hot Tub
- Trash Chute
- Daily Rentals Allowed
- No Trucks/Rv'S
- Ok To Lease
- Okay To Lease 1st Year
- Yes
Taxes
- Annual tax
- $23,136
- Tax year
- 2025
- Parcel number
- 01-41-37-078-3640
Listing
- MLS number
- A12057376
- Property type
- Condominium
- Price per SqFt
- $1,686
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- On market since
- Jul 22, 2026
- Days on market
- 26
Estimated monthly cost
$11,446 per month
- Principal & interest (30 yr)
- $6,973
- Property tax
- $1,928
- Insurance (estimated)
- $1,034
- Association fee
- $1,511
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
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