398 NE 5th St # 4412, Miami, FL 33132

About 398 NE 5th St # 4412, Miami, FL 33132

Experience elevated urban living in the heart of Downtown Miami at The Elser Hotel Residences. This fully furnished studio showcases breathtaking panoramic views of Biscayne Bay and the Miami skyline from a high-floor vantage point. Designed for both lifestyle and investment, this condo-hotel unit offers a seamless blend of luxury, flexibility, and income potential. Owners benefit from short-term rental permissions, making it an exceptional opportunity for investors seeking strong returns in one of Miami’s most dynamic locations. Residents and guests enjoy resort-style amenities including a heated pool, bar, valet service, and secured lobby, all within walking distance to world-class dining, entertainment, cultural venues, and waterfront attractions. A rare opportunity to own a turnkey property in a prime Downtown Miami location with unmatched rental versatility and lifestyle appeal.

How This Listing Compares in Miami

Per square foot, it is asking 282% 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 # 4412, Miami, FL 33132

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Elevator

Appliances

Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer

Flooring

Ceramic Floor

Heating

Electric

Cooling

Electric

Furnished

Furnished

Architectural Style

High Rise

Garage Spaces

0

Parking Features

Valet

Pool Private

No

Year Built Details

Resale

The Building at 398 NE 5th St # 4412, Miami, FL 33132

Building Name

THE ELSER

Building Area Total

341

Building Area Units

Square Feet

Stories Total

51

Entry Level

44

Association

Yes

Association Fee

$474

Association Fee Frequency

Monthly

Association Amenities

Bar, Barbecue, Billiard Room, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Pool

Pets Allowed

Restrictions Or Possible Restrictions

Security Features

Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Lot, Views & Construction at 398 NE 5th St # 4412, Miami, FL 33132

Lot Size Square Feet

0

Waterfront

Yes

View

Bay, Intracoastal View, Water View

Construction Materials

CBS Construction

Exterior Features

Barbeque, Courtyard, Tennis Court(s)

New Construction

No

Taxes & Public Record for 398 NE 5th St # 4412, Miami, FL 33132

Parcel Number

01-41-37-078-4050

Tax Annual Amount

$10,068

Tax Year

2,025

Tax Legal Description

398 NE 5TH STREET CONDO UNIT 4412 UNDIV 0.0864% INT IN COMMON ELEMENTS OFF REC 33416-1520

County Or Parish

Miami-Dade County

Map & Neighborhood