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Slice RealtyPropiedad Futura

$1,335,000

2 bd · 2 ba · 818 sq ft · Condominium

398 NE 5th St # 3811, Miami FL 33132

For Sale · Active listing

Est. payment $7,336/mo · Mortgage calculator

Listed by COSMORE Florida Corp. / Piero Ruggeri

Contact: 305-450-2097 (listing contact).

Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.

About this home

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.

Facts
MLS #
A11969815
Subdivision
MAP OF MIAMI DADE CO. FL.
Property type
Residential
Property subtype
Condominium
Sq. ft.
818
Price per sq. ft.
$1,632 / sq ft
Year built
2024 (New Construction)
Days on market
227
County
Miami-Dade County
Date listed
Feb 21, 2026
Last updated
Oct 6, 2026
Financial considerations
HOA fee
$1,543 monthly
Taxes
$23,931 (2025)
HOA amenities
Other
Exterior features
Waterfront
Yes
View
Bay, Intracoastal View, Water View
Construction
Concrete Block Construction
Additional features
Other
Interior features
Heating
Other
Cooling
Central Air
Appliances
Other Equipment/Appliances
Additional features
Other
Additional features
Pets allowed
Restrictions Or Possible Restrictions
Security
Other

Mortgage calculator

Includes principal and interest, taxes and insurance.

Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.

Loan amount$1,068,000
Total cost of mortgage$2,641,111
Monthly payment$7,336

Local context (our analysis)

Area stats are available for our covered neighborhoods. See neighborhoods.

Source: Southeast Florida MLS (SEFMLS). Last updated Oct 6, 2026, 9:48 AM ET

Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.