398 NE 5th St 4716

About this home

Experience elevated living and exceptional investment potential at The Elser Miami, one of Downtown Miami’s most sought-after luxury residences. This fully furnished studio showcases breathtaking views of Biscayne Bay and the Miami skyline, blending modern design with high-end finishes for a turnkey opportunity. Designed for both lifestyle and income, the building offers world-class amenities including resort-style pool, fitness center, spa, business lounge, and on-site dining—including a Michelin-starred culinary experience. Ideal for short-term rentals, with flexible leasing options maximizing income potential. Located in the heart of Downtown Miami, just steps from Bayside,…

Facts & features

MLS ID

A11995606

Property type

Condominium

Neighborhood

Miami

Building

The Elser Hotel & Residences

Year built

2022

Baths

1

Interior

362 sq ft

Price per sq ft

$1,450

HOA

$474 per month

Furnished

Furnished

Pets

Yes — conditional

Waterfront

Yes

Covered parking

0

Floor

47

Listed

Apr 6, 2026

Property tax

$10,550 per year (2025)

Financing accepted

Cash, Conventional

Listing conditions

Listed as is, Short sale

Appliances

Dishwasher, Dryer, Electric range, Microwave, Refrigerator, Washer

Interior features

Bar, Bedroom on main level, Elevator, First floor entry

Exterior features

Barbecue

Flooring

Ceramic tile

Parking

Valet

Pool

Heated

Security

Elevator secured, Key card entry, Smoke detectors

Heating

Electric

Cooling

Electric

HOA covers

Amenities, Water

Schools

Zoned public schools by county attendance boundary. Boundaries change — confirm enrollment eligibility with the school district before relying on this. Letter grades and School of Excellence designations are the Florida Department of Education’s, each for the year shown beside it.

Elementary

Douglass, Frederick ElementaryB2025-26Florida Department of Education school grade B, 2025-26 school year

Middle

de Diego, Jose MiddleB2025-26Florida Department of Education school grade B, 2025-26 school year

High

Washington, Booker T. Senior HighB2025-26Florida Department of Education school grade B, 2025-26 school year

Location

398 NE 5th St 4716