
$499,000
CondominiumActive398 NE 5th St # 3805, Miami FL 33132
MLS #A12091734About This Property
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.
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Blue Mar Real Estate Group
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
442 sq ft
Bedrooms
1
Bathrooms
1
Garage
1 Space
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Other
Flooring
Tile
Construction
Concrete Block Construction
Style
High Rise
HOA Fee
$2,062 / Monthly
Annual Taxes
$10,780 (2025)
Days on Market
0
MLS #
A12091734
Features & Amenities
Interior
Appliances
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
Location
City
Miami
State
FL
ZIP Code
33132
County
Miami-Dade County
Subdivision
MAP OF MIAMI DADE CO. FL.
Listing provided by Daniel Mordechai at London Foster Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12091734.