$1,139,000
CondominiumActive398 NE 5th St # 4719, Miami FL 33132
MLS #A12049798About This Property
Experience flexible Downtown Miami ownership at The Elser Hotel & Residences, a condo-hotel offering a unique blend of personal use and income-producing potential. This residence may be used by the owner as a full-time or part-time home, while also allowing short-term rental flexibility when the owner is away. This structure allows buyers to enjoy a prime Miami lifestyle while having the option to manage rentals independently and maximize the property’s use when not personally occupied. Located in the heart of Downtown Miami, The Elser offers access to world-class dining, entertainment, waterfront attractions, Brickell, Bayside, Kaseya Center, and Miami’s vibrant urban lifestyle—making it an attractive option for personal enjoyment, short-term rental flexibility, and long-term ownership strategy.
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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
626 sq ft
Bedrooms
1
Bathrooms
1
Garage
1 Space
Pool
No
Waterfront
Yes
Cooling
Central Air, Electric
Heating
Central, Electric
Flooring
Ceramic Floor
Construction
CBS Construction
Style
High Rise
HOA Fee
$900 / Monthly
Annual Taxes
$13,969 (2025)
Days on Market
0
MLS #
A12049798
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 Yadira Orta- Rubio at Epique Realty Inc.. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12049798.