$1,700,000
Stock CooperativeActive398 NE 5th St # 3509, Miami FL 33132
MLS #A12110661About This Property
Unparalleled Luxury & High-Yield Potential at The Elser Hotel & Residences! Experience ultimate elevated living in this pristine 35th-floor corner residence featuring 2 Bedrooms and 2 Full Bathrooms across 983 sq ft of smartly designed space. Built in 2022, this modern turn-key condo delivers breathtaking skyline views, premium finishes, and floor-to-ceiling windows flooded with natural light. Perfectly positioned in the heart of Downtown Miami—just steps from Bayside Marketplace, Kaseya Center, and world-class dining—this unit offers unrestricted short-term rental capabilities (Airbnb/VRBO approved), making it a dream opportunity for both savvy investors looking for maximum ROI and buyers seeking a luxurious urban retreat. Building amenities include a resort-style pool deck with skyline views, 24/7 fitness center, concierge, sky lounge, and full-service hospitality management. Located in Flood Zone X. Don't miss this rare high-floor unit in one of Miami's most coveted destinations—schedule your private tour today!
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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
Stock Cooperative
Year Built
2022
Living Area
983 sq ft
Bedrooms
2
Bathrooms
2
Garage
1 Space
Pool
No
Waterfront
No
Cooling
Central Air
Heating
Central
Flooring
Ceramic Floor
Construction
Concrete Block Construction
Style
Corner Unit
HOA Fee
$1,511 / Monthly
Annual Taxes
$27,838 (2025)
Days on Market
8
MLS #
A12110661
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
Location
City
Miami
State
FL
ZIP Code
33132
County
Miami-Dade County
Subdivision
MAP OF MIAMI DADE CO. FL.
Listing provided by Martha Valderrama at EXP Realty LLC. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12110661.