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Elser Hotel & Residences
398 NE 5th St # 3901, Miami FL 33132
Condo For Sale

Property Description

An elegant, high-floor residence created for those who want to experience Miami with ease without the responsibilities of full-time ownership. Perfectly positioned in Downtown Miami, this turnkey unit functions as a refined pied-à-terre for buyers who value proximity to Brickell, Miami Beach, the Design District, and the airport, making arrivals and departures effortless. Whether used as a personal retreat or a flexible city base, the location offers unmatched connectivity to Miami’s most vibrant neighborhoods. When not in residence, owners may participate in professionally managed short-term rental programs, allowing the property to generate income in a fully hands-off manner. This structure is ideal for buyers who prefer simplicity and professional oversight rather than day-to-day rental operations. This is not a traditional investment property, it is a lifestyle-driven asset designed for those seeking flexibility, convenience, and optional revenue without operational complexity. Vacant and available for private showings.

Details

List Price:$1,250,000
Unit:# 3901
Address:398 5th St #3901
Miami FL 33132
Bedrooms:3
Bathrooms:3
Living Area (f2):1,150
Living Area (M2):107
Year Built:2022
Waterfront:n/a
Taxes:$22,418 (2025)
Association Fee:$1,769 (Monthly)
Complex:THE ELSER
Days On Market:278 days
Pets Allowed:Yes:
Restrictions Or Possible Restrictions
Parking Spaces:1
Parking Features:1 Space
Valet

Property Amenities

Building Amenities

  • Bar
  • Barbecue
  • Exercise Room
  • Other
  • Private Pool
  • Spa/Hot Tub

Appliances

  • Dishwasher
  • Dryer
  • Microwave
  • Electric Range
  • Refrigerator
  • Wall Oven
  • Washer

Interior Features

  • First Floor Entry
  • Built-in Features
  • Closet Cabinetry
  • Other
  • Walk-In Closet(s)
  • No Additional Rooms

Exterior Features

  • East Of Us1
  • Open Balcony

Security Features

  • Elevator Secure
  • Card Entry
  • Lobby Secured
  • Other

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MiamiCondoLifestyle.com is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked with the IDX logo. Data provided is deemed reliable but not guaranteed.Listing provided by RGI Realty, MLSID A11790416