Condo in 398 NE 5th St 4313 Miami for sale with MLS# A11968390

Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one. Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services. Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.

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Days on the market

398 NE 5th St 4313, Miami, FL 33132

Price
Price:
$625,000.00
Original List Price:
$625,000.00
More Listings Same Building:
The Elser Miami in 398 5th St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11968390
Description of Last Important Update:
New Listing
Last Major Update on:
February 20, 2026 6:12 pm
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Room Type:
Studio
Measures
Living Area:
357 Sqft
Built-Up Area:
357 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Ocean, Water, City, Bay
Waterfront:
Yes
Waterfront Features:
Bay Front
Swimming Pool Features:
Association
Security:
Smoke Detector(s), Fire Sprinkler System, Key Card Entry, Lobby Secured, Fire Alarm
Accessibility:
Accessible Elevator Installed
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Other, Electric Range
Interior:
Elevator, Kitchen Dining Combo
Exterior:
Barbecue, Balcony, Security High Impact Doors
Patio and Porch:
Balcony, Open
Windows:
Impact Glass, Impact glass, Impact Glass
Other Structures:
Apartment
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Water Access Description:
Other
Storm Protection:
Impact Glass
Construction
Year Built:
2022
Year Built Details:
Resale
Architectural Style:
High Rise, High Rise
Entry Level (floor):
43
Entry Level Location:
43
Construction Materials:
Block
Number of stories:
49
Taxes and Expenses
Tax Annual Amount:
$10,456.00
Tax Year:
2025
Association Fee:
$1,647.00
Association Fee Frequency:
Quarterly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
One Space, Covered, Valet
Utilities
Utilities Available:
Cable Available
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Pool, Spa/hot Tub, Clubhouse, Playground, Elevator(s), Fitness Center
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Association Fee Includes:
Parking, Pools
Complex Name:
THE ELSER
Senior Community:
No
Development Status:
New Construction
Restrictions:
Corporate Buyer Allowed, Daily Rentals Allowed, No Trucks, Okay to Lease During First Year of Ownership, Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Close Of Escrow
Lease Considered
Zoning and Legal
Tax Legal Description:
398 NE 5TH STREET CONDO UNIT 4313 UNDIV 0.0904% INT IN COMMON ELEMENTS OFF REC 33416-1520
Real Estate Folio Number (Parcel Number):
01-41-37-078-4380
Listing History
Originally published on:
February 20, 2026 6:12 pm
Active on the market since:
February 19, 2026
Price change occurred on:
February 19, 2026 10:16 am
Listing Status Last Changed On:
February 20, 2026 6:12 pm
Photos updated on:
March 30, 2026 3:36 am
Last Modified:
March 30, 2026 5:52 pm
Additional Information
Unit View:
Bay, Ocean View, Skyline View, Water View
Housing Older Persons Act:
No HOPA
Unit Design:
Corner Unit, High-Rise, Lobby
Type of Association:
Condo
Minimum Number of Days per Lease:
1
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$0.00
Number of Times Leased per Year:
365
Flood Zone:
X
Application Fee:
$150.00
Rooms Description:
Studio Apartment
Style:
Condo 5+ Stories
Municipal Code:
1
Subdivision Number:
78
Courtesy of:
United Realty Group Inc
Attribution:
Not provided
Location
Street Name:
5th St
Street Number:
398
Unit Number:
4313
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 43.6''
Longitude:
W81° 48' 38.7''
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $109,505
Median Home Value $545,100
Median Rent $2,534/mo
Median Age 34
Population 18,244

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 30 Good
🫁 PM2.5 35 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.