398 NE 5th St # 3811, Miami FL 33132

$1,385,000

$1693/sq ft

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Overview

Bedroom

2

Bath

2

Year Built

2024

Garage

1

Sqft

818

Property Type

Condominium

Property Description

Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night. The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one. Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery. Located in one of Downtown Miami’s most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility. A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.

Property Details

MLS#

A11969815

Garage

1

Unit Floor

38

Total Floor in Bldg

55

Building

THE ELSER

Address

398 5th St NE

City

Miami

State/county

FL

Zip/Postal Code

33132

Area

Map Of Miami Dade Co. Fl.

Country

United States

HOA

Yes

Assoc Fee

$1,543

Assoc Fee Pd

Monthly

Tax Amount

$23,931

Maint Fee

$--

Tax Year

2025

Other Equipment/Appliances

Bay

Intracoastal View

Water View

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Boris Gelfand