398 NE 5th St # 2215, Miami FL 33132 | Miami-Dade County | A11921516
  • $665,000

Description

Welcome to the heart of the action! This stunning residence is centrally located in Downtown, offering breathtaking views of Biscayne Bay. Imagine a lifestyle where the city’s best culinary experiences are just a short walk from your front door. This is truly a walker’s paradise. This property is the definition of flexibility. It is perfectly suited for the modern investor looking to maximize returns through short-term rentals, secure a steady annual tenant, or simply enjoy a personal luxury residence in the city. Sold totally furnished with high-end designer finishes, this unit is ready for immediate use. The building features 5-star amenities, including a state-of-the-art gym and a spectacular, expansive pool deck with a restaurant right on the same floor—offering resort-style living without ever leaving the building. Don’t miss this opportunity to own a piece of the skyline that pays for itself.

Property Overview

This one-bedroom, one-bathroom condo at The Elser offers 560 square feet of modern, well-appointed living space in the heart of Downtown Miami. Built in 2022, it features high-end designer finishes and is sold fully furnished, making it move-in ready for personal use or immediate rental. Located at 398 NE 5th St #2215, the unit enjoys direct views of Biscayne Bay and is positioned in a prime location with top restaurants, nightlife, and cultural attractions all within walking distance. The building includes a range of 5-star amenities, such as a state-of-the-art fitness center and a large pool deck with an on-site restaurant, creating a resort-style experience just steps from the city’s energy. The Elser offers a flexible opportunity for buyers looking to invest in a property that can support short-term rentals or long-term occupancy. The monthly HOA fee is $2,950. For more details or to schedule a showing, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does The Elser unit 2215 have?

This unit has 1 bedroom and 1 full bathroom, with a total living area of 560 square feet.

What is the price of this unit, and what is included?

The unit is listed at $665,000 and is sold fully furnished with high-end designer finishes, ready for immediate use.

What kind of amenities are available in The Elser building?

The building offers 5-star amenities, including a state-of-the-art gym, a large pool deck, and a restaurant located on the same floor as the pool, providing a resort-style experience.

Is this unit located in a walkable area of Miami?

Yes, the unit is centrally located in Downtown Miami, offering a walkable lifestyle with top culinary experiences and other attractions just steps away.

What is the monthly HOA fee for this unit?

The monthly HOA fee is $2,950, which covers the building's amenities and services.

Is this property suitable for short-term rentals or investment purposes?

Yes, the unit is well-suited for modern investors looking to maximize returns through short-term rentals or secure a steady annual tenant.

Monthly Fees & Carrying Costs

Association Fee $2,950 / quarter ($983/mo)
Total Monthly Fees $983 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)
  • Address: 5th St
  • City: Miami
  • Zip/Postal Code: 33132

Details

Updated on July 2, 2026 at 6:43 am
  • Property ID A11921516
  • Price $665,000
  • Property Size 560 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Year Built 2022
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor
  • Waterfront Features Ocean Front
  • Bedroom Features Other
  • Cooling Central Air
  • Association Type Condo
  • Building The Elser
  • Association Fee Frequency Quarterly
  • Area Map Of Miami Dade Co. Fl.
  • Annual Tax 10857
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional, FHA
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision MAP OF MIAMI DADE CO. FL.
  • Total Stories 47
  • Restrictions Daily Rentals Allowed, Ok To Lease
  • Maintenance Includes All Amenities, Cable Tv, Common Area, Internet/WiFi
  • Amenities Bar, Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/Hot Tub
  • Parking 1 Space, Valet
  • Heating Central
  • Structure Type Condo-Hotel, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction, Brick, Concrete Block With Brick, Other
  • Building Area 560
  • Covered Spaces 1
  • Unit Floor 22
  • Frontage Bay
  • View Bay, Ocean View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 2215
  • Inclusions None
  • Half Bathrooms 0
  • Flood Zone X
  • Patio / Porch Deck, Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo-Hotel
  • Association Fee 2950
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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