$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.
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.