Condo in 398 NE 5th Street 2004, Miami, FL 33132 for sale with MLS# A12112238
Discover an exceptional opportunity to own at The Elser Hotel & Residences, in the heart of Downtown Miami! This fully furnished junior suite on the 20th floor offers 443 sq. ft. of living space, a functional open-concept layout, modern finishes, an equipped kitchen, in-unit washer and dryer, and a private balcony. Enjoy the perfect combination of comfort, luxury, and convenience in a premier high-rise building featuring resort-style amenities, including a spectacular pool overlooking Biscayne Bay, fitness center, concierge services, valet parking, dining options, and inviting social spaces. Ideally located steps from Miami Worldcenter, Kaseya Center, Bayside Marketplace, Brightline Station, and Downtown Miami's finest restaurants, shopping, and entertainment. Currently operated as a short-term rental through the hotel program, with the option to use another approved rental management company, subject to applicable regulations and agreements. An attractive opportunity for investors or those seeking a Miami getaway. Experience the vibrant Downtown Miami lifestyle at The Elser! The unit is currently enrolled in The Elser's hotel rental management program. Owners may choose to work with the hotel operator or another management company approved by the Commercial Parcel Owner. Short-term rentals are subject to the unit's Certificate of Use and applicable condominium regulations. All transient guests must register at the front desk. Buyers and their agents should independently verify rental restrictions, management agreements, association fees, approval requirements, and permitted uses. Contact the listing agent for additional information regarding rental management options and property details.
398 NE 5th Street 2004, Miami, FL 33132
- Price:
- $686,900.00
- Original List Price:
- $686,900.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,550.56
- More Listings Same Building:
- The Elser Miami in 398 5th St Miami
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Short Sale
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- October 23, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Living Area:
- 443 Sqft
- Built-Up Area:
- 443 Sqft
- View from the Property:
- Bay
- Waterfront:
- No
- Security:
- Key Card Entry, Security System
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Oven
- Air Conditioning
- Air Conditioning System:
- Central Air
- Unit Description:
- High Rise, Studio
- Storm Protection Impact Glass:
- Partial
- Year Built:
- 2022
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Concrete Block - No Stucco
- Flooring:
- Other, Laminate
- Number of stories:
- 49
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $10,640.00
- Tax Year:
- 2025
- Association Fee:
- $2,055.00
- Association Fee Frequency:
- Quarterly
- Property Tax Details:
- City/County
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Valet
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Sauna, Spa/hot Tub, Other, Maintenance, Elevator(s), Fitness Center
- Subdivision Name:
- MAP OF MIAMI DADE CO. FL.
- Senior Community:
- No
- Restrictions:
- See Remarks
- Minimum Days per Lease:
- 1
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 398 NE 5TH STREET CONDO UNIT 2004 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
- Real Estate Folio Number (Parcel Number):
- 0141370781090
- Elementary School:
- Hammock Pointe
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- October 22, 2026
- Listing Agreement executed on:
- October 23, 2026
- Listing Status Last Changed On:
- October 23, 2026 4:00 am
- Photos updated on:
- November 5, 2026 4:42 pm
- Last Modified:
- November 6, 2026 12:02 am
- Courtesy of:
- Realty One Group Evolution
- Attribution:
- Not provided
- Floor Number:
- 20
- Street Name:
- 5th
- Street Number:
- 398
- Unit Number:
- 2004
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 44''
- Longitude:
- W81° 48' 38.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE

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