398 NE 5th St # 3811 Miami FL 33132 MLS #A11969815
398 NE 5th St # 3811
Miami, FL, 33132
$1,385,000
2 Beds
2 Baths
818 SqFt
0 Acres
$1,385,000
398 NE 5th St # 3811
Miami, FL, 33132
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Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night.
The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one. Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery.
Located in one of Downtown Miami’s most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility.
A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.

Property Details

Price:
$1,385,000
MLS #:
A11969815
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
MAP OF MIAMI DADE CO. FL.
Neighborhood:
mapofmiamidadecofl
Listed Date:
Feb 21, 2026
Finished Sq Ft:
818
Total Sq Ft:
818
Year Built:
2024
WaterfrontOceanfrontNewconstructionThe Elser HotelMap Of Miami Dade Co. Fl.MapofmiamidadecoflMap Of Miami Dade Co. Fl.Daily Rentals AllowedRestrictions Or Possible Restrictions

Schools

Interior

Appliances
Other Equipment/Appliances
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Other
Heating
Other
Interior Features
Other

Exterior

Association Amenities
Other
Construction Materials
Concrete Block Construction
Covered Spaces
1
Exterior Features
Other
Garage Spaces
1
New Construction YN
1
Parking Features
1 Space, Covered, Valet
Security Features
Other
View
Bay, Intracoastal View, Water View
Waterfront Features
Ocean Front

Financial

HOA Fee
$1,543
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$23,931
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Current real estate data for Condo in Miami as of Apr 16, 2026
4,795
Condo Listed
166
Avg DOM
672
Avg $ / SqFt
$993,909
Avg List Price

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Property Summary

    Located in the MAP OF MIAMI DADE CO. FL. subdivision, 398 NE 5th St # 3811 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $1,385,000 and features 2 beds, 2 baths, and has approximately 818 square feet of living space, and was originally constructed in 2024. The current price per square foot is $1,693. The average price per square foot for Condo listings in Miami is $672. The average listing price for Condo in Miami is $993,909.
398 NE 5th St # 3811
Miami, FL