398 NE 5th St #1706
Miami, FL 33132
1
Bed
1
Bath
443Acres
Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 1 Full Baths: 1 -
Interior Features
BedroomOnMainLevel, ElevatorAppliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2022Building Area Total: 443Construction Materials: BlockPool Features: HeatedPrivate Pool: NoView: OtherAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: SecurityHighImpactDoors
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Listing Price Information
Listing Price: $579000Cash, Conventional
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Tax Information
Parcel Number: 01-41-37-078-1740 Tax Year: 2024 Annual Tax: $10914 Tax Legal Desc: 398 NE 5TH STREET CONDO UNIT 1706 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
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Virtual Tour
Parking Information
Attached, Covered, Garage, OneSpace, ValetGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1 Pets Allowed: Conditional, YesHomeowners Association Information
Included Fees: Amenities, CommonAreasHOA: $494.00Association Amenities: Clubhouse, FitnessCenter, Pool, SpaHotTub
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Location Information
Security Features: LobbySecured
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1750 N Bayshore Dr #4506, Miami, FL, 33132 | $325,000 | 1 | 1 | 821 | 821 SqFt |
| 398 NE 5th St #2310, Miami, FL, 33132 | $699,000 | 1 | 1 | 509 | 509 SqFt |
| 20 NE 11th St #2805, Miami, FL, 33132 | $800,000 | -- | 1 | -- | |
| 1600 NE 1st Ave #3614, Miami, FL, 33132 | $478,000 | 1 | 2 | 857 | 857 SqFt |
| 851 NE 1st Av #2808, Miami, FL, 33132 | $995,000 | 2 | 3 | 1,630 | 1,630 SqFt |
| 460 NE 28th St #1102, Miami, FL, 33132 | $635,000 | 1 | 2 | 973 | 973 SqFt |
| 1100 Biscayne Blvd #3205, Miami, FL, 33132 | $948,000 | 2 | 3 | 1,647 | 1,647 SqFt |
| 398 NE 5th St #4701, Miami, FL, 33132 | $1,650,000 | 3 | 3 | 1,150 | 1,150 SqFt |
| 121 NE 5th St #2705, Miami, FL, 33132 | $690,000 | 1 | 1 | 489 | 489 SqFt |
| 50 Biscayne Blvd #2401, Miami, FL, 33132 | $670,000 | 2 | 2 | 1,256 | 1,256 SqFt |
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 06/13/2026 @ 14:09
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