398 NE 5th St # 2904, Miami, FL 33132

About 398 NE 5th St # 2904, Miami, FL 33132

Experience luxury living and exceptional investment potential at The Elser Hotel & Residences in the heart of Downtown Miami. This beautifully furnished residence features floor-to-ceiling impact glass, premium finishes, a fully equipped gourmet kitchen, private balcony, and breathtaking panoramic views of Biscayne Bay and the Miami skyline. With no rental restrictions, owners may enjoy the residence as a primary or secondary home or maximize income through daily, weekly, short-term, or long-term rentals. An optional professionally managed onsite rental program offers seamless ownership and income potential. Residents enjoy world-class amenities including a resort-style bayfront pool deck with private cabanas, two-story fitness center, yoga studio, coworking spaces, owners' lounge, restaurant, café, concierge, valet, and 24-hour security. Ideally located across from Bayfront Park and Bayside Marketplace and just steps from the Kaseya Center, Brightline, PortMiami, Brickell, the Adrienne Arsht Center, world-class dining, shopping, and entertainment. A rare opportunity to own a flexible luxury residence in one of Miami's most sought-after waterfront destinations.

How This Listing Compares in Miami

Per square foot, it is asking 241% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 398 NE 5th St # 2904, Miami, FL 33132

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Fire Sprinklers, Other, Walk-In Closet(s)

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Wall Oven, Washer

Flooring

Ceramic Floor

Heating

Central, Electric

Cooling

Central Air, Electric

Furnished

Furnished

Architectural Style

High Rise

Garage Spaces

1

Parking Features

1 Space, Valet

Pool Private

No

Year Built Details

Effective Year Built

The Building at 398 NE 5th St # 2904, Miami, FL 33132

Building Name

The Elser

Building Area Total

443

Building Area Units

Square Feet

Stories Total

49

Entry Level

29

Association

Yes

Association Fee

$494

Association Fee Frequency

Monthly

Association Amenities

Bar, Barbecue, Business Center, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna

Security Features

Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Card Entry

Lot, Views & Construction at 398 NE 5th St # 2904, Miami, FL 33132

Lot Size Square Feet

0

Waterfront

No

View

Ocean View, Skyline, Water View

Construction Materials

CBS Construction

Exterior Features

Open Balcony

New Construction

No

Taxes & Public Record for 398 NE 5th St # 2904, Miami, FL 33132

Parcel Number

01-41-37-078-1180

Tax Annual Amount

$10,496

Tax Year

2,025

Tax Legal Description

398 NE 5TH STREET CONDO UNIT 2904 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520

County Or Parish

Miami-Dade County

Map & Neighborhood