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398 NE 5th Street Unit 2004, Miami, Florida 33132

Active For Sale
$686,900
  • Beds 1
  • Baths 1
  • Sq Ft 443 Sqft
  • Visits: 2 in 20 days

Description

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.

Features

  • Swimming Pool: Association
  • Heating System: No
  • Cooling System: Central Air
  • Pet Policy: Yes
  • Security: Security System, Key Card Entry
  • Parking: Valet

Appliances

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Oven

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: MAP OF MIAMI DADE CO. FL.
  • Zipcode: 33132
  • Street: 5th
  • Street Number: 398
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 48' 38.5''
  • Latitude: N25° 46' 44''
  • UnitNumber: 2004
  • Directions: Located in Downtown Miami at 398 NE 5th Street, across from Bayside Marketplace and near Kaseya Center. From Biscayne Blvd, turn onto NE 5th Street and proceed to The Elser Hotel & Residences. Valet parking is available at the building entrance.
  • Street Dir Prefix: NE
  • MLS Area: 2420

MLS Addon

  • Association Amenities: Elevator(s), Fitness Center, Pool, Sauna, Other, Spa/Hot Tub, Maintenance Grounds
  • Association Fee: $2,055
  • Association Fee Frequency: Quarterly
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Development Status: New Construction
  • Elementary School: Frederick Douglass
  • Fireplaces Total: 0
  • Flooring: Other, Laminate
  • Garage Spaces: 1
  • High School: Booker T. Washington
  • Insurance Expense: $0
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Middle Or Junior School: Jose De Diego
  • New Taxes Expense: $0
  • Stories: 0
  • Stories Total: 49
  • Tax Annual Amount: $10,640
  • Tax Year: 2025

Location

Listing Updated: 2026-11-10 14:17:31

  • Parent : 398:NE:5TH:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12112238
  • Price : $686,900
  • View : Bay
  • Bedrooms : 1
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 443 Sqft
  • Year Built : 2022
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 19
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