
398 NE 5th St, Miami, FL, 33132
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Listed HOA: $2,062 · Last reported tax: $10,780/yr
$5,759/mo
$99,800 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
Unit 3805 at The Elser offers a turnkey studio residence in the heart of Downtown Miami, ideal as a pied-à -terre or investment opportunity. The residence features a full kitchen, in-unit washer and dryer, contemporary finishes, and impressive views from the 38th floor. Owners have the option to enroll in the Highgate hotel rental program, providing professional management for nightly rentals and added flexibility for investors. The Elser offers an exceptional collection of resort-style amenities, including a spectacular pool deck, state-of-the-art fitness center, lounge areas, and more. Ideally located near Miami Worldcenter, Kaseya Center, Bayside Marketplace, dining, entertainment, and the waterfront. A unique opportunity to own a flexible residence in the center of Miami’s rapidly evolving urban core.

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