
398 NE 5th St, Miami, FL, 33132
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Listed HOA: $500 · Last reported tax: $10,267/yr
$5,281/mo
$139,980 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
Luxury & Investment Opportunity at The Elser! Experience the best of Miami living while maximizing your investment potential. This fully furnished luxury residence offers breathtaking views of Biscayne Bay and the Downtown Miami skyline, making it the perfect choice for personal enjoyment, a vacation home, or a high-income-producing asset. Designed with modern elegance, the unit features an open-concept layout, premium finishes, a king-size bed, sofa bed, fully equipped kitchen, in-unit washer and dryer, flat-screen TV, and secure keyless entry. Enjoy world-class amenities, including a spectacular rooftop pool with panoramic views, bar and restaurant service, a two-story fitness center, jacuzzi, 24/7 concierge, valet parking, and exclusive Beach Club access. Ideally located in the heart of Downtown Miami, just steps from Kaseya Center, Bayside Marketplace, Miami Worldcenter, Brightline Station, Brickell, top restaurants, shopping, nightlife, and major attractions. The Elser is one of Miami’s most sought-after buildings for short-term rentals, offering exceptional flexibility and strong income potential in a high-demand market. Whether you're looking for a luxury lifestyle, a second home, or an investment with attractive ROI, this property checks every box. Don't miss this rare opportunity to own a premier residence in one of Miami's fastest-growing and most desirable locations!

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