398 NE 5th St # 3711, Miami, FL 33132

About 398 NE 5th St # 3711, Miami, FL 33132

Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.

How This Listing Compares in Miami

Per square foot, it is asking 325% 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 # 3711, Miami, FL 33132

Bathrooms Full

2

Bathrooms Half

0

Interior Features

Lobby, Closet Cabinetry, Elevator, Skylight

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Flooring

Tile

Heating

Central, Electric

Cooling

Central Air, Electric

Architectural Style

Corner Unit, High Rise

Garage Spaces

2

Attached Garage

Yes

Parking Features

1 Space, Covered, Valet

Pool Private

Yes

Year Built Details

Resale

Property Condition

New Construction

The Building at 398 NE 5th St # 3711, Miami, FL 33132

Building Name

The Elser

Building Area Total

818

Building Area Units

Square Feet

Stories Total

49

Entry Level

37

Association

Yes

Association Fee

$1,511

Association Fee Frequency

Monthly

Association Amenities

Bar, Barbecue, Elevator(s), Other, Pool, Private Pool, Sauna, Spa/Hot Tub, Trash Chute

Pets Allowed

Yes

Security Features

Elevator Secure, Card Entry, Lobby Secured

Lot, Views & Construction at 398 NE 5th St # 3711, Miami, FL 33132

Lot Size Square Feet

0

Waterfront

Yes

View

Bay, Skyline

Construction Materials

Concrete Block Construction, Concrete Block With Brick

Exterior Features

Barbeque

New Construction

No

Taxes & Public Record for 398 NE 5th St # 3711, Miami, FL 33132

Parcel Number

01-41-37-078-3640

Tax Annual Amount

$23,136

Tax Year

2,025

Tax Legal Description

398 NE 5TH STREET CONDO UNIT 3711 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520

County Or Parish

Miami-Dade County

Map & Neighborhood