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Homes for sale in Miami
Condominium

398 NE 5th St # 3811

Miami, FL 33132
$1,385,000
Beds
2
Baths
2
Sq ft
818
Year built
2024
Price per sq ft
$1,693

Listing courtesy of Piero Ruggeri, COSMORE Florida Corp.

About this home

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.

Details

Property

Type
Condominium
Building
Condo 5+ Stories
Year built
2024
Stories
55
Building name
The Elser Hotel
Subdivision
MAP OF MIAMI DADE CO. FL.
County
Miami-Dade County
View
Bay, Intracoastal View, Water View
Waterfront
Ocean Front
Flood zone
X

Interior

Appliances
Other Equipment/Appliances
Cooling
Central Air

Exterior and parking

Parking
1 Space, Covered, Valet
Garage spaces
1
Construction
Concrete Block Construction

Community and fees

Association fee
$1,543 monthly
Maintenance includes
Other Maintenance Includes
Pets
Restrictions Or Possible Restrictions
Annual taxes
$23,931
Terms
All Cash, Conventional
Minimum lease (days)
1

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 9, 2026.