
398 NE 5th St # 3207, Miami, FL 33132
Miami, FL 33132 · The Elser Hotel & Residences
About 398 NE 5th St # 3207, Miami, FL 33132
High-floor, fully furnished studio at The Elser Hotel & Residences showcasing panoramic skyline and Biscayne Bay views. Sleek open layout with wood-look porcelain flooring, floor-to-ceiling glass, and a private balcony. Turnkey and rental-ready with daily rentals permitted and no minimum lease—ideal for income-producing ownership or flexible luxury living. Full-service condo-hotel offering a 24/7 front desk, resort-style amenities, and a prime Downtown Miami location near Miami Worldcenter, dining, and entertainment.
How This Listing Compares in Miami
Per square foot, it is asking 310% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.
| This home | Miami median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $1,629 | $397 |
| 0-bedroom price | $720,000 | $337,500 |
| Days on market | 256 | 51 |
Medians from closed MLS sales in Miami; a starting point, not an appraisal.
Home Features at 398 NE 5th St # 3207, Miami, FL 33132
- Bathrooms Full
- 1
- Bathrooms Half
- 0
- Interior Features
- Built-in Features, Walk-In Closet(s)
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator
- Flooring
- Tile
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Architectural Style
- High Rise
- Garage Spaces
- 1
- Parking Features
- 1 Space
- Pool Private
- No
- Year Built Details
- Effective Year Built
The Building at 398 NE 5th St # 3207, Miami, FL 33132
- Building Name
- The Elser
- Building Area Total
- 442
- Building Area Units
- Square Feet
- Stories Total
- 49
- Entry Level
- 32
- Association
- Yes
- Association Fee
- $680
- Association Fee Frequency
- Monthly
- Association Amenities
- Bar, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub, Trash Chute
- Pets Allowed
- Yes
- Security Features
- Doorman, Elevator Secure, Card Entry
Lot, Views & Construction at 398 NE 5th St # 3207, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- Yes
- View
- Bay, Ocean View, Water View
- Construction Materials
- Concrete Block With Brick, CBS Construction
- Exterior Features
- East Of Us1, Open Balcony
- New Construction
- No
Taxes & Public Record for 398 NE 5th St # 3207, Miami, FL 33132
- Parcel Number
- 01-41-37-078-2230
- Tax Annual Amount
- $11,038
- Tax Year
- 2,024
- Tax Legal Description
- 398 NE 5TH STREET CONDO UNIT 3207 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
- County Or Parish
- Miami-Dade County
Map & Neighborhood
398 NE 5th St # 3207, Miami, FL 33132 · More homes in Miami
Comparable Listings in Miami








398 NE 5th St # 3207, Miami, FL 33132 at a Glance
Offered for sale in Miami 33132, 398 NE 5th St # 3207 is a condo with 0 bedrooms, 1 bathrooms and about 442 square feet of living space, dating to 2022. The asking price is $720,000, on the market since January 23, 2026, with BM2 Realty as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.