8
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 430 Sq Ft
  • Area Size
398 NE 5th St # 2908, Miami FL 33132 | Miami-Dade County | A11828774
  • $750,000

Description

The Elser isn’t just a residence; it’s an entire experience. Unparalleled location in the heart of Downtown Miami. Here, modern living is truly elevated.

The Elser is a sanctuary of well-being and entertainment. Discover an exclusive collection of curated services designed for your recreation, relaxation, and inspiration.

With immediate access to a variety of top-tier amenities and walking proximity to Miami’s most acclaimed arts, entertainment, shopping, and dining venues, your life at The Elser will always be dynamic and full of possibilities.

The Elser Hotel and Residences offers a smart investment opportunity: the option for daily rentals, designed to ensure a consistent monthly income.

Live The Elser experience. Your urban oasis awaits.

Property Overview

This one-bedroom, one-bathroom condo is part of The Elser, a new development at 398 NE 5th St in Miami's downtown core. Built in 2022, the unit offers 430 square feet of living space, making it ideal for buyers seeking modern, efficient urban living. The building is part of the Hotel & Residences model, offering residents the flexibility of daily rental options, which can help offset ownership costs. The Elser is designed around convenience and lifestyle, with a focus on curated services and amenities. It sits in a prime location, steps away from some of Miami’s top cultural, dining, and shopping destinations. Residents benefit from a range of on-site services meant to enhance both comfort and inspiration, all within an environment built for relaxation and recreation. HOA fees are $750 per month, and the unit is listed for $750,000. The building is brand new, and the location offers immediate access to Miami’s vibrant downtown scene. For buyers considering a lifestyle that blends modern living with urban energy, this unit is a current listing in one of the city’s most dynamic developments.

Frequently Asked Questions

What type of unit is this and how many bedrooms does it have?

This is a 1-bedroom condo with 1 full bathroom and no half bathrooms.

What is the size of the unit and when was it built?

The unit has 430 square feet of living space and was built in 2022.

What is the asking price and HOA fee?

The asking price is $750,000, and the monthly HOA fee is $750.

Where is this unit located and what are the nearby amenities?

The unit is located at 398 NE 5th St #2908 in Miami. It offers immediate access to top-tier amenities and is walking distance to arts, entertainment, shopping, and dining venues in Downtown Miami.

Is there an option to rent this unit out daily?

Yes, The Elser Hotel and Residences offers the option for daily rentals, designed to provide a consistent monthly income.

What is the name of the building and subdivision?

The building is called The Elser, and it is part of the Hotel & Residences subdivision in Miami.

Monthly Fees & Carrying Costs

Association Fee $750 / month
Total Monthly Fees $750 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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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

Details

Updated on June 24, 2026 at 8:38 pm
  • Property ID A11828774
  • Price $750,000
  • Property Size 430 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Garage 0
  • Year Built 2022
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features None
  • Cooling Electric
  • Association Type Condo
  • Building Hotel & Residences
  • Association Fee Frequency Monthly
  • Area The Elser
  • Annual Tax 12038
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 1
  • Subdivision The Elser
  • Total Stories 49
  • Restrictions No Restrictions
  • Maintenance Includes All Amenities, Common Area
  • Amenities Business Center, Cabana, Clubhouse-Clubroom, Exercise Room, Pool, Spa/Hot Tub
  • Parking Valet
  • Heating Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2024
  • Construction Concrete Block Construction
  • Building Area 430
  • Covered Spaces 1
  • Unit Floor 29
  • View Other View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 2908
  • Half Bathrooms 0
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 0
  • Style Condo 5+ Stories
  • Association Fee 750
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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