Condominium
398 NE 5th St # 4313
398 NE 5th St # 4313, Miami FL 33132 Get directions
$495,000
0 Beds · 1 Bath · 357 SqFt
See estimated monthly costThis listing is courtesy of United Realty Group Inc. Ozan Hosgor
Overview
Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one. Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services. Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.
Facts & features
Interior
- Living area (sq ft)
- 357
- Full bathrooms
- 1
- Lobby
- Fire Sprinklers
- Studio Apartment
Building & exterior
- Year built
- 2022
- Garage spaces
- 1
- Covered spaces
- 1
- Waterfront
- Yes
- Bay
- Ocean View
- Skyline
- Water View
- Barbeque
- Open Balcony
- 1 Space
- Covered
- Valet
- No Trucks/Trailers
HOA (homeowners association)
- Association fee
- $1,647 per quarter
- Pets allowed
- Yes
- Child Play Area
- Clubhouse-Clubroom
- Community Room
- Elevator(s)
- Exercise Room
- Pool
- Spa/Hot Tub
- Corporate Buyer OK
- Daily Rentals Allowed
- Ok To Lease
- Okay To Lease 1st Year
- Restrictions Or Possible Restrictions
Taxes
- Annual tax
- $10,456
- Tax year
- 2025
- Parcel number
- 01-41-37-078-4380
Listing
- MLS number
- A11968390
- Property type
- Condominium
- Price per SqFt
- $1,387
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- On market since
- Feb 19, 2026
- Days on market
- 217
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Feb 19, 2026 | Listed | $625,000 | — |
| Sep 24, 2026 | Price change | $495,000 | −$130,000 (−20.8%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$4,295 per month
- Principal & interest (30 yr)
- $2,503
- Property tax
- $871
- Insurance (estimated)
- $371
- Association fee
- $549
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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United Realty Group Inc
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