Condominium
398 NE 5th St # 4316
398 NE 5th St # 4316, Miami FL 33132 Get directions
$699,900
0 Beds · 1 Bath · 362 SqFt
See estimated monthly costThis listing is courtesy of Potential Property Group. W. Fernando Espinoza
Overview
Luxury & Investment Opportunity at The Elser! Experience the best of Miami living while maximizing your investment potential. This fully furnished luxury residence offers breathtaking views of Biscayne Bay and the Downtown Miami skyline, making it the perfect choice for personal enjoyment, a vacation home, or a high-income-producing asset. Designed with modern elegance, the unit features an open-concept layout, premium finishes, a king-size bed, sofa bed, fully equipped kitchen, in-unit washer and dryer, flat-screen TV, and secure keyless entry. Enjoy world-class amenities, including a spectacular rooftop pool with panoramic views, bar and restaurant service, a two-story fitness center, jacuzzi, 24/7 concierge, valet parking, and exclusive Beach Club access. Ideally located in the heart of Downtown Miami, just steps from Kaseya Center, Bayside Marketplace, Miami Worldcenter, Brightline Station, Brickell, top restaurants, shopping, nightlife, and major attractions. The Elser is one of Miami’s most sought-after buildings for short-term rentals, offering exceptional flexibility and strong income potential in a high-demand market. Whether you're looking for a luxury lifestyle, a second home, or an investment with attractive ROI, this property checks every box. Don't miss this rare opportunity to own a premier residence in one of Miami's fastest-growing and most desirable locations!
Facts & features
Interior
- Living area (sq ft)
- 362
- Full bathrooms
- 1
- Furnished
- Furnished
- Built-in Features
- Closet Cabinetry
- Elevator
- Entrance Foyer
- Vaulted Ceiling(s)
Building & exterior
- Year built
- 2022
- Waterfront
- Yes
- Bay
- Intracoastal View
- Ocean View
- Water View
- Intracoastal Front
- Ocean Front
- None
- Open Balcony
- Valet
- No Rv/Boats
- No Trucks/Trailers
HOA (homeowners association)
- Association fee
- $500 per month
- Pets allowed
- Yes
- Bar
- Barbecue
- Business Center
- Child Play Area
- Elevator(s)
- Exercise Room
- Heated Pool
- Pool
- Sauna
- Spa/Hot Tub
- Daily Rentals Allowed
- No Trucks/Rv'S
- Ok To Lease
- Okay To Lease 1st Year
- See Broker Remarks
Taxes
- Annual tax
- $10,267
- Tax year
- 2024
- Parcel number
- 01-41-37-078-5400
Assigned schools
- Elementary
- Douglass; Frederick
- Middle
- de Diego; Jose
- High
- Washington; Brooker T
Listing
- MLS number
- A12042862
- Property type
- Condominium
- Price per SqFt
- $1,933
- Subdivision
- The Elser
- On market since
- Jun 24, 2026
- Days on market
- 108
Estimated monthly cost
$5,420 per month
- Principal & interest (30 yr)
- $3,539
- Property tax
- $856
- Insurance (estimated)
- $525
- Association fee
- $500
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
- 398 NE 5th St # 4713, Miami FL 33132 $410,000
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