Condominium
398 NE 5th St # 4412
398 NE 5th St # 4412, Miami FL 33132 Get directions
$517,000
0 Beds · 1 Bath · 341 SqFt
See estimated monthly costThis listing is courtesy of Miami Masterpiece. Carla Ruiz Contreras
Overview
Experience elevated urban living in the heart of Downtown Miami at The Elser Hotel Residences. This fully furnished studio showcases breathtaking panoramic views of Biscayne Bay and the Miami skyline from a high-floor vantage point. Designed for both lifestyle and investment, this condo-hotel unit offers a seamless blend of luxury, flexibility, and income potential. Owners benefit from short-term rental permissions, making it an exceptional opportunity for investors seeking strong returns in one of Miami’s most dynamic locations. Residents and guests enjoy resort-style amenities including a heated pool, bar, valet service, and secured lobby, all within walking distance to world-class dining, entertainment, cultural venues, and waterfront attractions. A rare opportunity to own a turnkey property in a prime Downtown Miami location with unmatched rental versatility and lifestyle appeal.
Facts & features
Interior
- Living area (sq ft)
- 341
- Full bathrooms
- 1
- Furnished
- Furnished
- Elevator
Building & exterior
- Year built
- 2022
- Waterfront
- Yes
- Bay
- Intracoastal View
- Water View
- Barbeque
- Courtyard
- Tennis Court(s)
- Valet
HOA (homeowners association)
- Association fee
- $474 per month
- Pets allowed
- Yes
- Bar
- Barbecue
- Billiard Room
- Business Center
- Cabana
- Child Play Area
- Clubhouse-Clubroom
- Elevator(s)
- Exercise Room
- Heated Pool
- Kitchen Facilities
- Pool
- Corporate Buyer OK
- Restrictions Or Possible Restrictions
Taxes
- Annual tax
- $10,068
- Tax year
- 2025
- Parcel number
- 01-41-37-078-4050
Listing
- MLS number
- A11995616
- Property type
- Condominium
- Price per SqFt
- $1,516
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- On market since
- Apr 6, 2026
- Days on market
- 61
Estimated monthly cost
$4,315 per month
- Principal & interest (30 yr)
- $2,614
- Property tax
- $839
- Insurance (estimated)
- $388
- Association fee
- $474
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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Comparables in this building
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