398 NE 5th St 2904

About this home

Experience luxury living and exceptional investment potential at The Elser Hotel & Residences in the heart of Downtown Miami. This beautifully furnished residence features floor-to-ceiling impact glass, premium finishes, a fully equipped gourmet kitchen, private balcony, and breathtaking panoramic views of Biscayne Bay and the Miami skyline. With no rental restrictions, owners may enjoy the residence as a primary or secondary home or maximize income through daily, weekly, short-term, or long-term rentals. An optional professionally managed onsite rental program offers seamless ownership and income potential. Residents enjoy world-class amenities including a resort-style bayfront pool…

Facts & features

MLS ID

A12039636

Property type

Condominium

Neighborhood

Miami

Building

The Elser Hotel & Residences

Year built

2022

Beds

1

Baths

1

Interior

443 sq ft

Price per sq ft

$1,354

HOA

$494 per month

Furnished

Furnished

Pets

Yes — conditional, cats and dogs

Waterfront

No

Covered parking

1

Floor

29

Listed

Jun 28, 2026

Days on market

58

Reduced from

$680,000

Property tax

$10,496 per year (2025)

Financing accepted

Cash, Conventional

Listing conditions

Corporate listing

Appliances

Built in oven, Dishwasher, Disposal, Dryer, Electric range, Microwave, Refrigerator, Washer

Interior features

Bar, Kitchen dining combo, Walk in closets

Exterior features

Balcony, Security high impact doors

Flooring

Ceramic tile

Parking

One space, Valet

Pool

Association, Heated

Security

Door man, Elevator secured, Fire sprinkler system, Key card entry, Smoke detectors

Heating

Central, Electric

Cooling

Central air, Electric

HOA covers

Amenities, Association management, Common areas, Insurance, Internet, Maintenance structure, Parking, Sewer, Trash, 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 2904