398 NE 5th St # 3811, Miami FL 33132, photo 1
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$1,385,000

CondominiumActive
⏱️ Listed 103 days ago (~3 months)
2Beds
2Baths
818Sq Ft
2024Built

398 NE 5th St # 3811, Miami FL 33132

MLS #A11969815

About This Property

Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night. The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one. Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery. Located in one of Downtown Miami’s most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility. A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.

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Marie I. Sanjurjo
Licensed Broker
Blue Mar Real Estate Group
📞 (305) 680-5672✉️ [email protected]

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.

Explore Downtown Miami📊 Downtown Miami market report

Property Details

Property Type

Condominium

Year Built

2024

Living Area

818 sq ft

Bedrooms

2

Bathrooms

2

Garage

1 Space

Pool

No

Waterfront

Yes

Cooling

Central Air

Heating

Other

Flooring

Other

Construction

Concrete Block Construction

HOA Fee

$1,543 / Monthly

Annual Taxes

$23,931 (2025)

Days on Market

101

MLS #

A11969815

Features & Amenities

Interior

Other

Appliances

Other Equipment/Appliances

Exterior

Other

Other

Ocean Front1 SpaceCoveredValet

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.

Assigned Public Schools
Elementary
Douglass, Frederick Elementary
Grades K-5
314 NW 12 St., Miami 33136
Middle
Jose de Diego MS
Grades 6-8
3100 NW 5 Ave., Miami 33127
High
Washington, Booker T. Senior High
Grades 9-12
1200 NW 6th Ave., Miami 33136
Private Schools Within 5 Miles
KLA Schools of Brickell0.8 mi
600 SW 1st Ave, Miami
KLA Elementary0.9 mi
625 SW 1st Ave, Miami
Brickell Heights Elementary1.0 mi
25 SW 9th St, Miami
Lincoln-Marti Schools - 8th Ave1.2 mi
221 NW 8th Ave, Miami
Lincoln-Marti Schools - 01-9531.4 mi
953 SW 1st St, Miami
Lincoln-Marti Community Agency 801.5 mi
880 SW 8th St, Miami
La Prima Casa Montessori - Brickell Campus1.6 mi
1770 Brickell Ave, Miami
Cherry Blossom Learning Center II1.7 mi
2731 NE 2nd Ave, Miami

School data source: Miami-Dade County Open Data Hub

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Location

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City

Miami

State

FL

ZIP Code

33132

County

Miami-Dade County

$1,385,000
398 NE 5th St # 3811, Miami FL 33132
2Beds
2Baths
818Sq Ft
📞 (305) 680-5672
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398 NE 5th St # 3811, Miami FL 33132$1,385,000

Listing provided by Piero Ruggeri at COSMORE Florida Corp.. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11969815.