398 NE 5th St # 1706 Miami FL 33132 MLS #A11789023
398 NE 5th St # 1706
Miami, FL, 33132
$579,000
1 Beds
1 Baths
443 SqFt
0 Acres
$579,000
398 NE 5th St # 1706
Miami, FL, 33132
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Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.

Property Details

Price:
$579,000
MLS #:
A11789023
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
The Elser
Neighborhood:
theelser
Listed Date:
Apr 22, 2025
Finished Sq Ft:
443
Total Sq Ft:
443
Year Built:
2022
High RiseThe ElserTheelserThe ElserOther ViewDaily Rentals Allowed,ok To LeaseRestrictions Or Possible Restrictions

Schools

Interior

Appliances
Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Central

Exterior

Architectural Style
High Rise
Association Amenities
Clubhouse-Clubroom, Community Room, Exercise Room, Exterior Lighting, Heated Pool, Spa/Hot Tub
Construction Materials
CBS Construction
Parking Features
1 Space, Covered, Valet
Security Features
Lobby Secured

Financial

HOA Fee
$494
HOA Frequency
Monthly
Tax Year
2024
Taxes
$10,914
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Current real estate data for Condo in Miami as of Mar 20, 2026
4,785
Condo Listed
166
Avg DOM
668
Avg $ / SqFt
$984,030
Avg List Price

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Property Summary

    Located in the The Elser subdivision, 398 NE 5th St # 1706 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $579,000 and features 1 beds, 1 baths, and has approximately 443 square feet of living space, and was originally constructed in 2022. The current price per square foot is $1,307. The average price per square foot for Condo listings in Miami is $668. The average listing price for Condo in Miami is $984,030.
398 NE 5th St # 1706
Miami, FL