398 NE 5th St # 1518, Miami FL 33132, photo 1
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$1,499,000

CondominiumActive
⏱️ Listed yesterday
3Beds
3Baths
1,127Sq Ft
2024Built

398 NE 5th St # 1518, Miami FL 33132

MLS #A12112486

About This Property

Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS—offering the flexibility of Airbnb and daily rentals. What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations. For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management. Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances. Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!

🏢Learn about The ElserBuilding amenities, floor plans, market stats and available units.→

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

1,127 sq ft

Bedrooms

3

Bathrooms

3

Garage

1 Space

Pool

Yes

Waterfront

Yes

Cooling

Central Air

Heating

Central

Flooring

Concrete, Tile

Construction

CBS Construction

Style

Corner Unit, High Rise

HOA Fee

$1,300 / Monthly

Annual Taxes

$23,078 (2025)

Days on Market

0

MLS #

A12112486

Features & Amenities

Interior

LobbyElevator

Appliances

DishwasherElectric RangeMicrowaveRefrigerator

Exterior

Open Balcony

Other

1 SpaceNo Rv/BoatsNo Trucks/Trailers

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
Frederick Douglass ES
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
Key Point Christian Academy0.8 mi
609 Brickell Ave, Miami
The Learning World Academy in Downtown0.8 mi
555 NE 15th St, Miami
RJW The Academy of Arts Sciences0.8 mi
430 NW 9th St, Miami
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
WorldEd International School1.0 mi
848 Brickell Ave, Miami
Centner Academy - Middle and High Schools1.1 mi
1911 Northeast Miami Court, Miami

School data source: Miami-Dade County Open Data Hub

Location

Loading map…

City

Miami

State

FL

ZIP Code

33132

County

Miami-Dade County

Subdivision

MAP OF MIAMI DADE CO. FL.,THE ELSER

$1,499,000
398 NE 5th St # 1518, Miami FL 33132
3Beds
3Baths
1,127Sq Ft
📞 (305) 680-5672💬 WhatsApp
Now Viewing
398 NE 5th St # 1518, Miami FL 33132$1,499,000

Listing provided by Annie Montiel at EXP Realty LLC. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12112486.