
398 NE 5th St, Miami, FL, 33132
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Listed HOA: $2,950 · Last reported tax: $10,857/yr
$7,585/mo
$133,000 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
Welcome to the heart of the action! This stunning residence is centrally located in Downtown, offering breathtaking views of Biscayne Bay. Imagine a lifestyle where the city's best culinary experiences are just a short walk from your front door. This is truly a walker's paradise. This property is the definition of flexibility. It is perfectly suited for the modern investor looking to maximize returns through short-term rentals, secure a steady annual tenant, or simply enjoy a personal luxury residence in the city. Sold totally furnished with high-end designer finishes, this unit is ready for immediate use. The building features 5-star amenities, including a state-of-the-art gym and a spectacular, expansive pool deck with a restaurant right on the same floor—offering resort-style living without ever leaving the building. Don't miss this opportunity to own a piece of the skyline that pays for itself.

The Elser Hotel & Residences is a 49-story condo-hotel tower at 398 NE 5th Street in Downtown Miami, developed by Property Markets Group and Greybrook and designed by Sieger Suarez Architects with interiors by Cotofana Designs. Completed in 2022, it holds 646 furnished residences, according to Miami-Dade property records, most of them studios and one-bedrooms. Planned as rental apartments and launched in 2022 as furnished condominiums, the building lets owners rent their units short-term, and the hotel is operated by Highgate. A rebuilt sanctuary for First United Methodist Church of Miami occupies the lower floors. Amenities include a 132-foot pool, a two-level fitness center, a sauna and swim spa, co-working space and a restaurant and bar.
Floor plans and unit details are subject to change. Contact us for the most current information.
398 NE 5th St, Miami, FL, 33132