
398 NE 5th St, Miami, FL, 33132
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Listed HOA: $474 · Last reported tax: $10,068/yr
$4,213/mo
$103,400 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
Experience elevated urban living in the heart of Downtown Miami at The Elser Hotel Residences. This fully furnished studio showcases breathtaking panoramic views of Biscayne Bay and the Miami skyline from a high-floor vantage point. Designed for both lifestyle and investment, this condo-hotel unit offers a seamless blend of luxury, flexibility, and income potential. Owners benefit from short-term rental permissions, making it an exceptional opportunity for investors seeking strong returns in one of Miami’s most dynamic locations. Residents and guests enjoy resort-style amenities including a heated pool, bar, valet service, and secured lobby, all within walking distance to world-class dining, entertainment, cultural venues, and waterfront attractions. A rare opportunity to own a turnkey property in a prime Downtown Miami location with unmatched rental versatility and lifestyle appeal.

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