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398 NE 5th St Unit 2704

Miami, FL 33132

1 bed
1 bath
443 sqft
$1,433 per sqft
2022 build
– on site

Experience luxury and income potential in this fully furnished 1-bed, 1-bath condo/hotel at The Elser, a 49-story tower completed in 2022. Enrolled in the short-term rental program for daily income and flexible use. Enjoy bay and ocean views, porcelain tile floors, and modern finishes. Amenities include a resort-style pool deck, two-level fitness studio, yoga platform, theater lawn, cocktail bar, restaurant, café, and co-working space. Prime location at Biscayne Blvd & NE 5th St, steps from Brightline Station, Bayfront Park, Kaseya Center, and the newly opened Miami Worldcenter—a 27-acre mixed-use development featuring retail, dining, and entertainment options. Ideal for investors or vacation use.

Listing courtesy of MLSM / Douglas Elliman

Last checked: Checking… • Last updated May 30, 2025 •

MLS# A11811947 —

The Building

Year Built:

2022
Year Built Details:

Effective Year Built
New Construction:

true
Construction Materials:

Brick, Block
Builder Model:

Junior 1 Bedroom
Architectural Style:

HighRise
Stories:

1
Stories Total:

49
Levels:

One
Entry Location:

27
Entry Level:

27
Exterior Features:

Balcony, SecurityHighImpactDoors
Window Features:

Sliding, ImpactGlass
Patio And Porch Features:

Balcony, Open
Security Features:

DoorMan, KeyCardEntry, SecurityGuard, FireSprinklerSystem
Unit Number:

2704
Building Area Total:

443.0

Interior

Interior Features:

BreakfastBar, BedroomOnMainLevel, BreakfastArea, ClosetCabinetry, KitchenDiningCombo, MainLivingAreaEntryLevel, WalkInClosets, Elevator, Bar
Furnished:

Furnished
Flooring:

CeramicTile, Other
Accessibility Features:

AccessibleElevatorInstalled, Other, AccessibleEntrance

Room Dimensions

Living Area:

443.0

Financial & Terms

Lease Considered:

false
Possession:

ClosingAndFunding,Negotiable

Location

Directions:

The Elser Hotel & Residences is located at 398 NE 5th Street, Miami, FL 33132. Steps from the Brightline Station, Kaseya Center, and Bayfront Park. Easy access to I-95, Brickell, Wynwood, and the Port of Miami—the new Cruise Capital of the World.

The Property

View:

true
View:

Bay, Intercoastal, Water
Parcel Number:

01 41 37 078 1160
Property Type:

Residential
Property Subtype:

Condominium
Property Subtype Additional:

Condominium
Lot Size Units:

SquareFeet
Waterfront:

false
Waterfront Features:

Other
Property Attached:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$11,247
Tax Legal Description:

398 NE 5TH STREET CONDO UNIT 2704 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520

Beds

Bedrooms Total:

1

Baths

Total Baths:

1
Full Baths:

1

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

CentralAir
Cooling:

true

Appliances

Appliances:

Dryer, Dishwasher, Microwave, Refrigerator, Washer

The Community

Subdivision Name:

Map Of Miami Dade Co. Fl.
Senior Community:

false
Association Amenities:

BikeStorage, BusinessCenter, FitnessCenter, Pool, Elevators
Pool Features:

Heated
Pets Allowed:

SizeLimit,Yes
Association Fee:

$495
Association Fee Frequency:

Monthly
Association Fee Includes:

AssociationManagement, Amenities, CommonAreas, Insurance, Sewer, Trash, Water
Development Status:

NewConstruction
# of Units In Community:

646

Parking

Parking Features:

Detached, Garage, OneSpace, Valet
Garage:

true
Attached Garage:

false
Garage Spaces:

1.0
Covered Spaces:

1.0

Monthly cost estimate

Asking price

$635,000

Expense	Monthly cost
Mortgage	$3,400
Taxes	$937
Insurance	$174
HOA fees	$495
Utilities	$75 See report
Total	$5,081/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price
5/30/25 May 30, 2025	Listed / Active	MLSM	$635,000
3/5/25 Mar 5, 2025	Price Changed	MLSM
1/30/25 Jan 30, 2025	Price Changed	MLSM

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This condo located in Downtown Miami, Miami, FL 33132 is currently for sale for $635,000. 398 NE 5th St Unit 2704 is a 443 square foot condo with 1 bed and 1 bath that has been on Estately for 1 days. 398 NE 5th St Unit 2704 is in the Downtown Miami neighborhood of Miami and has a WalkScore® of 96, making it a walker’s paradise. This condo is in the attendance area of Frederick R. Douglass Elementary School, Robert Morgan Educational Center And Technical College, Booker T. Washington Senior High School, Air Base Elementary School, and Jose De Diego Middle School.

Listing Courtesy of: MLSM and Douglas Elliman.

Based on information from the MLS MIAMI 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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 information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.