26
  • Type
  • Condominium
  • 1
  • Bedroom
  • 2
  • Bathrooms
  • 1
  • Garage
  • 665 Sq Ft
  • Area Size
398 NE 5th St # 2314, Miami FL 33132 | Miami-Dade County | A11955632
  • $899,000

Description

DOWNTOWN MIAMI Exceptional opportunity to own a 1 BEDROOM + 2 FULL BATHROOMS, direct OCEAN VIEW residence, the only line in the building offering this layout. DAILY RENTALS LIKE AIRBNB ARE PERMITTED, making this residence ideal for short-term rental investors, Floor-to-ceiling glass opens to a spacious balcony accessible from both the living room and the bedroom, maximizing light, views, and indoor-outdoor living. as well as second-home buyers seeking flexibility and income potential. Offered fully furnished and fully equipped, ready for immediate use or rental. Located in a full-service, hotel-managed luxury building, owners and guests enjoy resort-style amenities including 24/7 concierge, valet, professional management, rooftop pool with panoramic views, fitness center, spa-inspired amenities, and on-site dining and lounge areas. Prime Downtown location steps from Bayside, Bayfront Park, Miami Worldcenter, Brickell, and major cultural and entertainment venues. Easy access to Miami Beach, the airport, and highways. Turn-key luxury, ocean views, and short-term rental flexibility—an exceptional investment and lifestyle property in the heart of Miami.

Property Overview

This is a 1-bedroom, 2-full-bathroom condo at The Elser Residences, a luxury building located at 398 NE 5th St #2314 in downtown Miami. The unit is 665 square feet and was built in 2022. The home features floor-to-ceiling glass, which brings in an abundance of natural light and provides direct ocean views. A spacious balcony can be accessed from both the living room and the bedroom, enhancing the indoor-outdoor living experience. This unit is offered fully furnished and ready for immediate use or rental. Daily rentals like Airbnb are permitted, making this an excellent option for short-term rental investors or second-home buyers looking for flexibility. The asking price is $899,900, with an HOA fee of $1,023. Residents enjoy a full-service, hotel-managed environment with amenities including a 24/7 concierge, valet, rooftop pool with panoramic views, fitness center, spa-inspired features, and on-site dining and lounge areas. The building is situated in a prime downtown location, offering easy access to Bayside, Bayfront Park, Miami Worldcenter, Brickell, and major cultural and entertainment destinations in the city.

Frequently Asked Questions

What are the square footage and bedroom/bathroom details of this unit?

This 1-bedroom unit offers 665 square feet of living space and features 2 full bathrooms.

Is this unit permitted for short-term rentals like Airbnb?

Yes, daily rentals such as Airbnb are permitted, making this unit a great option for investment or second-home use.

What kind of views does this unit offer?

The unit offers a direct ocean view, with floor-to-ceiling glass opening to a spacious balcony accessible from both the living room and bedroom.

What amenities does the building offer?

The Elser Residences is a full-service, hotel-managed luxury building with 24/7 concierge, valet, rooftop pool with panoramic views, fitness center, spa-inspired amenities, and on-site dining and lounge areas.

Where is the building located?

Located in Downtown Miami, the building is steps from Bayside, Bayfront Park, Miami Worldcenter, Brickell, and major cultural and entertainment venues.

What is the monthly HOA fee?

The monthly HOA fee is $1,023.

Monthly Fees & Carrying Costs

Association Fee $1,023 / month
Total Monthly Fees $1,023 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

Have a question about this Miami listing?

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

  • Address: 5th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: THE ELSER RESIDENCES

Details

Updated on August 3, 2026 at 7:39 am
  • Property ID A11955632
  • Price $899,000
  • Property Size 665 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 2022
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor
  • Waterfront Features Ocean Front
  • Bedroom Features None
  • Cooling Central Air, Electric
  • Association Type Condo
  • Building THE ELSER RESIDENCES
  • Association Fee Frequency Monthly
  • Area The Elser Residences
  • Annual Tax 12096
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional, Cryptocurrency
  • Waterfront Yes
  • Full Bathrooms 2
  • Subdivision THE ELSER RESIDENCES
  • Total Stories 46
  • Restrictions No Restrictions
  • Amenities Bar, Business Center, Clubhouse-Clubroom, Exercise Room, Heated Pool, Pool, Spa/Hot Tub
  • Parking 1 Space, Additional Spaces Available, Valet
  • Heating Central, Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 665
  • Covered Spaces 1
  • Unit Floor 23
  • Frontage Bay
  • View Bay, Ocean View, Skyline
  • Year Built Details Effective Year Built
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 2314
  • Inclusions None
  • Half Bathrooms 0
  • Flood Zone X
  • Patio / Porch Deck, Open Balcony
  • New Construction No
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 1023
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare