398 NE 5th St 4713

About this home

Experience the best of Downtown Miami in this brand-new, fully furnished studio featuring a private balcony with stunning waterfront and city skyline views. Perfectly located in one of Miami’s most vibrant and sought-after neighborhoods, you’ll enjoy direct access to world-class dining, entertainment, arts, shopping, and cultural attractions. Residents have access to premium resort-style amenities, while investors will appreciate the flexible rental policy, allowing short-term rentals through the hotel management program. An exceptional opportunity for both personal use and investment in the heart of Miami.

Facts & features

MLS ID

A12067102

Property type

Condominium

Neighborhood

Miami

Building

The Elser Hotel & Residences

Year built

2022

Baths

1

Interior

357 sq ft

Price per sq ft

$1,258

HOA

$1,223 per quarter

Pets

Yes — cats and dogs

Waterfront

Yes

Covered parking

1

Floor

47

Listed

Aug 6, 2026

Days on market

25

Property tax

$10,266 per year (2025)

Financing accepted

Cash, Conventional

Listing conditions

Listed as is

Appliances

Dishwasher, Disposal, Dryer, Electric range, Electric water heater, Microwave, Refrigerator, Washer

Interior features

Bar, Elevator, First floor entry

Exterior features

Balcony

Flooring

Ceramic tile

Parking

One space

Security

Door man, Smoke detectors

Heating

Central

Cooling

Central air

HOA covers

Cable TV, Common areas, Hot water, Internet, Maintenance grounds, Maintenance structure, Parking, Pools, Security, 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 4713