18
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 485 Sq Ft
  • Area Size
398 NE 5th St # 1708, Miami FL 33132 | Miami-Dade County | A12119621
  • $490,000

Description

In the heart of Downtown Miami, The Elser sets a new standard for luxury living and smart investment. This stunning studio is not just a home; it’s an opportunity. Allows short term rentals managed across top rental platforms like Airbnb, VRBO, it offers you the chance to earn income or as a personal getaway. Enjoy breathtaking views, 24/7 concierge, smart technology, and EV charging. The amenities? Unmatched. Dive into a resort-style pool, unwind in exclusive lounge areas, and work seamlessly in our state-of-the-art co-working space. Steps away from Miami’s best – Whole Foods, FTX Arena, South Beach. The Elser is not just a residence; it’s the pinnacle of Miami living. Whether you’re looking for your next home or a smart investment, welcome to your future in Miami.

Property Overview

The Elser Condo offers a one-bedroom, one-bath unit at 398 NE 5th St # 1708, Miami, FL 33132. Built in 2022, the 485 square-foot residence is listed for sale at $490,000. Monthly homeowners association dues are $1,300. The property is located in the heart of Downtown Miami, providing convenient access to nearby landmarks such as Whole Foods and FTX Arena. The building includes a resort-style pool, exclusive lounge areas, and a co-working space for residents. Additional features include 24/7 concierge service, smart technology, and EV charging. The unit is permitted for short-term rentals managed through platforms like Airbnb and VRBO, offering flexibility for potential income generation or personal use. This property is offered by Miami Beach Brokers (Real Broker LLC).

Frequently Asked Questions

What are the basic details of this property?

The Elser Condo is a one-bedroom, one-bath unit with 485 square feet of living area. It was built in 2022 and is listed for sale at $490,000.

Where is this condo located?

The property is located at 398 NE 5th St # 1708, Miami, FL 33132. It is situated in the Downtown Miami area.

What amenities does the building offer?

The Elser Condo features a resort-style pool, exclusive lounge areas, and a co-working space. The building also includes 24/7 concierge service, smart technology, and EV charging.

What is the monthly HOA fee?

The Homeowners Association fee for this unit is $1,300 per month.

Does this condo allow short-term rentals?

Yes, the property allows short-term rentals managed across top platforms such as Airbnb and VRBO. This option can be used for income generation or as a personal getaway.

What nearby attractions are within walking distance?

The condo is steps away from Whole Foods, FTX Arena, and South Beach.

Monthly Fees & Carrying Costs

Association Fee $1,300 / quarter ($433/mo)
Total Monthly Fees $433 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

This listing is courtesy of Coldwell Banker Realty.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 5th St
  • City: Miami
  • Zip/Postal Code: 33132

Details

Updated on November 10, 2026 at 10:46 am
  • Property ID A12119621
  • Price $490,000
  • Property Size 485 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Year Built 2022
  • Property Status Active, Residential

Additional details

  • View Bay, Intracoastal View
  • Cooling Central Air
  • Heating Central
  • Tax Year 2025
  • Flooring Tile
  • Unit Floor 17
  • Inclusions None
  • Unit Number 1708
  • Building The Elser Condo
  • Frontage Bay
  • Garage Spaces 1
  • Listing Terms All Cash, Conventional
  • Area The Elser Condo
  • Total Stories 47
  • Waterfront Yes
  • Association Yes
  • Full Bathrooms 1
  • Half Bathrooms 0
  • Covered Spaces 1
  • Style Condo 5+ Stories
  • Private Pool No
  • Structure Type Condo 5+ Stories, Condo
  • Association Fee 1300
  • Parking 1 Space, Valet
  • Subdivision The Elser Condo
  • Annual Tax 7075
  • Year Built Details Resale
  • Building Area 485
  • Lot Size (Sq Ft) 0
  • New Construction No
  • Attached Yes
  • Waterfront Features Intracoastal Front
  • Bedroom Features Entry Level
  • Amenities Bar, Business Center, Elevator(s), Exercise Room, Other, Pool
  • Restrictions No Trucks/Rv'S, Ok To Lease, See Broker Remarks
  • Construction CBS Construction
  • Pets Allowed Yes
  • Patio / Porch Open Balcony
  • Association Fee Frequency Quarterly
  • Association Type Condo
  • Maintenance Includes All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Internet/WiFi, Pool Service, Trash Removal
  • Membership Purchase Required No

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