
$517,000
CondominiumActive398 NE 5th St # 4412, Miami FL 33132
MLS #A11995616About This Property
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.
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About Downtown Miami
Downtown Miami has transformed into a dense urban neighborhood with Kaseya Center (home of the Miami Heat), Bayside Marketplace, the Perez Art Museum, Frost Science Museum, and Bayfront Park within walking distance of each other. The Miami Riverwalk connects downtown to Brickell along the water, and the Metromover provides free transit throughout the core. Condos range from new construction towers to renovated historic buildings, attracting first-time buyers, investors, and downtown professionals.
Property Details
Property Type
Condominium
Year Built
2022
Living Area
341 sq ft
Bedrooms
0
Bathrooms
1
Pool
No
Waterfront
Yes
Cooling
Electric
Heating
Electric
Flooring
Ceramic Floor
Construction
CBS Construction
Style
High Rise
HOA Fee
$474 / Monthly
Annual Taxes
$10,068 (2025)
Days on Market
0
MLS #
A11995616
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Downtown Miami
Location
City
Miami
State
FL
ZIP Code
33132
County
Miami-Dade County
Listing provided by Carla Ruiz Contreras at Miami Masterpiece. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11995616.