398 NE 5th St # 4716, Miami FL 33132

$525,000

$1450/sq ft

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Overview

Bath

1

Year Built

2022

Sqft

362

Property Type

Condominium

Property Description

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.

Property Details

MLS#

A11995606

Unit Floor

47

Total Floor in Bldg

51

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

$474

Assoc Fee Pd

Monthly

Tax Amount

$10,550

Maint Fee

$--

Tax Year

2025

Dishwasher

Dryer

Microwave

Electric Range

Refrigerator

Washer

Bay

Intracoastal View

Water View

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Boris Gelfand