22
  • Type
  • Condominium
  • 0
  • Bedroom
  • 1
  • Bathroom
  • 1
  • Garage
  • 357 Sq Ft
  • Area Size
398 NE 5th St # 4313, Miami FL 33132 | Miami-Dade County | A11968390
  • $625,000

Description

Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one.
Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services.

Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.

Property Overview

This studio unit at The Elser is a 2022 build with 357 square feet of living space and one full bathroom. Located on the 43rd floor, it offers expansive views of the Miami skyline and Biscayne Bay from a private balcony. The unit features 9-foot ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a full kitchen. It is fully furnished and includes in-unit washer and dryer, smart keyless entry, and a smart thermostat. The unit is ready for immediate occupancy or rental. Residents have access to top-tier amenities including a 132-foot rooftop pool, state-of-the-art fitness center, sky lounge, business center, and 24/7 concierge. The unit is in a building that allows both short-term and long-term rentals, making it a strong option for investors. Situated at 398 NE 5th St, the location is central and highly desirable, with proximity to Bayside Marketplace, Kaseya Center, the Metromover, and major dining and entertainment options. Call 305-859-4733 for more details.

Frequently Asked Questions

Is this unit rented out as an Airbnb, or is it for long-term residents?

The building allows both short-term (Airbnb) and long-term rentals, offering flexibility for investors.

What is included in the unit?

The unit is fully furnished and includes a full kitchen, in-unit washer/dryer, smart keyless entry, and a smart thermostat.

What amenities are available for residents?

Residents have access to a 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and 24/7 concierge services.

What kind of views does this unit offer?

This 43rd-floor studio offers stunning views of the Miami skyline and Biscayne Bay.

How big is the unit?

The unit has a living area of 357 square feet.

What is the year the building was constructed?

The building was constructed in 2022.

Monthly Fees & Carrying Costs

Association Fee $1,647 / quarter ($549/mo)
Total Monthly Fees $549 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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  • Address: 5th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: MAP OF MIAMI DADE CO. FL.

Details

Updated on July 8, 2026 at 1:45 am
  • Property ID A11968390
  • Price $625,000
  • Property Size 357 Sq Ft
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Garage 1
  • Year Built 2022
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Bedroom Features Studio
  • Cooling Central Air
  • Association Type Condo
  • Building THE ELSER
  • Association Fee Frequency Quarterly
  • Area Map Of Miami Dade Co. Fl.
  • Annual Tax 10456
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision MAP OF MIAMI DADE CO. FL.
  • Total Stories 49
  • Restrictions Corporate Buyer OK, Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
  • Maintenance Includes Parking, Pool Service
  • Amenities Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Spa/Hot Tub
  • Parking 1 Space, Covered, Valet, No Trucks/Trailers
  • Heating Central
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction, CBS Construction
  • Building Area 357
  • Covered Spaces 1
  • Unit Floor 43
  • Frontage Bay
  • View Bay, Ocean View, Skyline, Water View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Unit Number 4313
  • Inclusions Other
  • Half Bathrooms 0
  • Flood Zone X
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 1647
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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