Description

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.

Address

Open on Google Maps

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

Details

Updated on March 6, 2026 at 3:52 am

Property ID A11969815
Price $1,385,000
Property Size 818 Square Feet
Bedrooms 2
Bathrooms 2
Garage 1
Year Built 2024
Type Condominium
Property Status Residential

Additional details

AssociationAmenities Other
AssociationFee 1543
AssociationFeeFrequency Monthly
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 818
BuildingAreaUnits Square Feet
BuildingName The Elser Hotel
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2026-02-21
Cooling Central Air
CoveredSpaces 1
DaysOnMarket 12
EntryLevel 38
ExpirationDate 2026-12-31
Flooring Other
FrontageType Bay
Heating Other
Inclusions Other
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-450-2097
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Map Of Miami Dade Co. Fl.
MajorChangeTimestamp February 21, 2026 at 08:40pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp March 5, 2026 at 01:08pm
OnMarketDate 2026-02-21
OriginalEntryTimestamp February 21, 2026 at 08:40pm
OriginalListPrice 1385000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-41-37-078-3650
ParkingFeatures 1 Space, Covered, Valet
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp March 5, 2026 at 01:13pm
PhotosCount 19
Possession Funding
PostalCodePlus4 2165
PriceChangeTimestamp February 21, 2026 at 08:27pm
PropertyCondition New Construction
PublicSurveyRange 41
PublicSurveySection 37
PublicSurveyTownship 41
RoomsTotal 0
SecurityFeatures Other
ShowingInstructions Appointment Only, Showing Assist
SourceSystemKey 428282035
StateOrProvince FL
StatusChangeTimestamp February 21, 2026 at 08:40pm
StoriesTotal 55
StreetDirPrefix NE
StreetName 5th St
StreetNumber 398
StreetNumberNumeric 398
StructureType Condo 5+ Stories, Condo
SyndicationRemarks 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.
TaxAnnualAmount 23931
TaxLegalDescription 398 NE 5TH STREET CONDO UNIT 3811 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520
TaxYear 2025
UnitNumber 3811
View Bay, Intracoastal View, Water View
WaterfrontFeatures Ocean Front
YearBuiltDetails New Construction