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Condominium
398 NE 5th St # 4716
398 NE 5th St # 4716, Miami FL 33132 Get directions
$525,000
0 Beds · 1 Bath · 362 SqFt
See estimated monthly costThis listing is courtesy of Miami Masterpiece. Carla Ruiz Contreras
Overview
Experience elevated living and exceptional investment potential at The Elser Miami, one of Downtown Miami’s most sought-after luxury residences. This fully furnished studio showcases breathtaking views of Biscayne Bay and the Miami skyline, blending modern design with high-end finishes for a turnkey opportunity. Designed for both lifestyle and income, the building offers world-class amenities including resort-style pool, fitness center, spa, business lounge, and on-site dining—including a Michelin-starred culinary experience. Ideal for short-term rentals, with flexible leasing options maximizing income potential. Located in the heart of Downtown Miami, just steps from Bayside, world-class museums, entertainment, and minutes to Brickell, South Beach, and Key Biscayne. This is a rare opportunity to own in one of Miami’s most dynamic and high-demand rental markets. Perfect for investors seeking strong returns or buyers looking for a luxury pied-à-terre in a prime waterfront location.
Facts & features
Interior
- Living area (sq ft)
- 362
- Full bathrooms
- 1
- Furnished
- Furnished
- First Floor Entry
- Elevator
Building & exterior
- Year built
- 2022
- Waterfront
- Yes
- Bay
- Intracoastal View
- Water View
- Barbeque
- Valet
HOA (homeowners association)
- Association fee
- $474 per month
- Pets allowed
- Yes
- Bar
- Barbecue
- Business Center
- Cabana
- Child Play Area
- Clubhouse-Clubroom
- Community Room
- Elevator(s)
- Exercise Room
- Heated Pool
- Sauna
- Trash Chute
- Corporate Buyer OK
- Restrictions Or Possible Restrictions
Taxes
- Annual tax
- $10,550
- Tax year
- 2025
- Parcel number
- 01-41-37-078-5440
Listing
- MLS number
- A11995606
- Property type
- Condominium
- Price per SqFt
- $1,450
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- On market since
- Apr 6, 2026
- Days on market
- 61
Estimated monthly cost
$4,402 per month
- Principal & interest (30 yr)
- $2,655
- Property tax
- $879
- Insurance (estimated)
- $394
- 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
Similar homes nearby
Active listings within two miles, with a comparable size and price.
398 NE 5th St # 3805, Miami FL 33132
$687/mo HOA
Price increase: $449,100 (+900.0%)
London Foster Realty
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EXP Realty LLC
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Miami Masterpiece
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EXP Realty LLC
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EXP Realty LLC
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Compass Florida, LLC
398 NE 5th St # 4313, Miami FL 33132
$549/mo HOA
Price cut: $130,000 (−20.8%)
United Realty Group Inc
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$494/mo HOA
Price cut: $80,001 (−11.8%)
Keller Williams Eagle Realty
Comparables in this building
- 398 NE 5th St # 4713, Miami FL 33132 $410,000
- 398 NE 5th St # 4207, Miami FL 33132 $540,000
- 398 NE 5th St # 2316, Miami FL 33132 $420,000
- 398 NE 5th St # 4616, Miami FL 33132 $415,000
- 398 NE 5th St # 4516, Miami FL 33132 $410,000
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