
398 NE 5th St # 4316, Miami, FL 33132
Miami, FL 33132 · The Elser Hotel & Residences
About 398 NE 5th St # 4316, Miami, FL 33132
Luxury & Investment Opportunity at The Elser! Experience the best of Miami living while maximizing your investment potential. This fully furnished luxury residence offers breathtaking views of Biscayne Bay and the Downtown Miami skyline, making it the perfect choice for personal enjoyment, a vacation home, or a high-income-producing asset. Designed with modern elegance, the unit features an open-concept layout, premium finishes, a king-size bed, sofa bed, fully equipped kitchen, in-unit washer and dryer, flat-screen TV, and secure keyless entry. Enjoy world-class amenities, including a spectacular rooftop pool with panoramic views, bar and restaurant service, a two-story fitness center, jacuzzi, 24/7 concierge, valet parking, and exclusive Beach Club access. Ideally located in the heart of Downtown Miami, just steps from Kaseya Center, Bayside Marketplace, Miami Worldcenter, Brightline Station, Brickell, top restaurants, shopping, nightlife, and major attractions. The Elser is one of Miami’s most sought-after buildings for short-term rentals, offering exceptional flexibility and strong income potential in a high-demand market. Whether you're looking for a luxury lifestyle, a second home, or an investment with attractive ROI, this property checks every box. Don't miss this rare opportunity to own a premier residence in one of Miami's fastest-growing and most desirable locations!
How This Listing Compares in Miami
Per square foot, it is asking 387% 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. | $1,933 | $397 |
| 0-bedroom price | $699,900 | $337,500 |
| Days on market | 112 | 51 |
Medians from closed MLS sales in Miami; a starting point, not an appraisal.
Home Features at 398 NE 5th St # 4316, Miami, FL 33132
- Bathrooms Full
- 1
- Bathrooms Half
- 0
- Interior Features
- Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Vaulted Ceiling(s)
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
- Flooring
- Vinyl
- Heating
- Central
- Cooling
- Central Air
- Furnished
- Furnished
- Garage Spaces
- 0
- Parking Features
- Valet, No Rv/Boats, No Trucks/Trailers
- Pool Private
- No
- Year Built Details
- Effective Year Built
The Building at 398 NE 5th St # 4316, Miami, FL 33132
- Building Name
- The Elser
- Building Area Total
- 362
- Building Area Units
- Square Feet
- Stories Total
- 49
- Entry Level
- 43
- Association
- Yes
- Association Fee
- $500
- Association Fee Frequency
- Monthly
- Association Amenities
- Bar, Barbecue, Business Center, Child Play Area, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub
- Security Features
- Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, TV Camera
Lot, Views & Construction at 398 NE 5th St # 4316, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Front, Ocean Front
- View
- Bay, Intracoastal View, Ocean View, Water View
- Construction Materials
- Concrete Block Construction, CBS Construction
- Exterior Features
- None, Open Balcony
- New Construction
- No
Taxes & Public Record for 398 NE 5th St # 4316, Miami, FL 33132
- Parcel Number
- 01-41-37-078-5400
- Tax Annual Amount
- $10,267
- Tax Year
- 2,024
- Tax Legal Description
- 398 NE 5TH STREET CONDO UNIT 4316 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
- County Or Parish
- Miami-Dade County
Assigned Schools for 398 NE 5th St # 4316, Miami, FL 33132
- Elementary School
- Douglass; Frederick
- Middle School
- de Diego; Jose
- High School
- Washington; Brooker T
School assignments are provided by the listing and should be independently verified.
Map & Neighborhood
398 NE 5th St # 4316, Miami, FL 33132 · More homes in Miami
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398 NE 5th St # 4316, Miami, FL 33132 at a Glance
Offered for sale in Miami 33132, 398 NE 5th St # 4316 is a condo with 0 bedrooms, 1 bathrooms and about 362 square feet of living space, dating to 2022. The asking price is $699,900, on the market since June 24, 2026, with Potential Property Group as the listing brokerage. Students here are assigned to Douglass; Frederick, de Diego; Jose and Washington; Brooker T. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.