Condominium
398 NE 5th St # 4719
398 NE 5th St # 4719, Miami FL 33132 Get directions
$1,139,000
1 Bed · 1 Bath · 626 SqFt
See estimated monthly costThis listing is courtesy of Epique Realty Inc.. Yadira Orta- Rubio
Overview
Experience flexible Downtown Miami ownership at The Elser Hotel & Residences, a condo-hotel offering a unique blend of personal use and income-producing potential. This residence may be used by the owner as a full-time or part-time home, while also allowing short-term rental flexibility when the owner is away. This structure allows buyers to enjoy a prime Miami lifestyle while having the option to manage rentals independently and maximize the property’s use when not personally occupied. Located in the heart of Downtown Miami, The Elser offers access to world-class dining, entertainment, waterfront attractions, Brickell, Bayside, Kaseya Center, and Miami’s vibrant urban lifestyle—making it an attractive option for personal enjoyment, short-term rental flexibility, and long-term ownership strategy.
Facts & features
Interior
- Living area (sq ft)
- 626
- Full bathrooms
- 1
- Furnished
- Furnished
- Lobby
- First Floor Entry
- Utility Room/Laundry
Building & exterior
- Year built
- 2022
- Garage spaces
- 1
- Covered spaces
- 1
- Waterfront
- Yes
- Other View
- Open Balcony
- 1 Space
- Valet
- Limited # Of Vehicle
- No Rv/Boats
- No Trucks/Trailers
HOA (homeowners association)
- Association fee
- $900 per month
- Pets allowed
- Yes
- Business Center
- Exercise Room
- Other
- Pool
- Spa/Hot Tub
- Corporate Buyer OK
- Daily Rentals Allowed
- Okay To Lease 1st Year
Taxes
- Annual tax
- $13,969
- Tax year
- 2025
- Parcel number
- 01-41-37-078-6460
Listing
- MLS number
- A12049798
- Property type
- Condominium
- Price per SqFt
- $1,819
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- On market since
- Jul 8, 2026
- Days on market
- 72
Estimated monthly cost
$8,678 per month
- Principal & interest (30 yr)
- $5,759
- Property tax
- $1,164
- Insurance (estimated)
- $854
- Association fee
- $900
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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