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$579,000
184 Days On Site

398 NE 5th St 1706
Miami, FL 33132

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
443
SqFt
$1,307
/SqFt
2022
Built
Subdivision:
The Elser
County:
Miami-Dade

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398 NE 5th St 1706398 NE 5th St 1706398 NE 5th St 1706398 NE 5th St 1706
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Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free.

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Listing Snapshot
Price 
$579,000
Days On Site 
184 Days
Bedrooms 
1
Inside Area (SqFt) 
443 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2022
MLS® Number 
A11789023
Status 
Active
Property Tax 
$10,914
HOA/Condo/Coop Fees 
$494 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoListing first seen on site
6 months agoListing updated with changes from the MLS®
General Features
Attached Garage 
Yes
Building Features 
ExteriorLighting
Garage 
Yes
Garage Spaces 
1
Home Warranty 
Yes
Number Of Stories 
49
Parking 
AttachedCoveredGarageValet
Pets 
Yes
Property Sub Type 
Condominium
SqFt Total 
443
Style 
HighRise
Interior Features
Appliances 
DryerDishwasherElectric RangeMicrowaveRefrigeratorWasher
Cooling 
Central Air
Furnished 
Furnished
Heating 
Central
Interior 
ElevatorMaster Downstairs
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Exterior Features
Construction Details 
Block
Pool Features 
Heated
View 
Other
Waterview 
Other
Community Features
Association Amenities 
ClubhouseFitness CenterPoolSpa/Hot Tub
Association Dues 
494
Building Access 
17
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
41
Listing courtesy of Related ISG Realty, LLC.

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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