19
  • Type
  • Condominium
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage
  • 818 Sq Ft
  • Area Size
398 NE 5th St # 3811, Miami FL 33132 | Miami-Dade County | A11969815
  • $1,385,000

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.

Property Overview

Unit 3811 at The Elser Hotel & Residences is a 2-bedroom, 2-bathroom condo with 818 square feet of living space, offering direct bayfront views and a prime location in downtown Miami. Built in 2024, the unit features floor-to-ceiling windows that highlight the modern design and capture panoramic views of Biscayne Bay and the park. The property is fully furnished and turnkey, making it ready for immediate occupancy or as a rental investment. This unit is located on the 38th floor, offering elevated and unobstructed vistas of the bay and city skyline. The building is designed for flexibility, allowing short-term and daily rentals. The HOA fee is $1,543 per month, and the property is priced at $1,385,000. The location at 398 NE 5th Street puts it in one of Miami’s most desirable developments, with easy access to the heart of the city. The Elser Hotel & Residences is a new building in a growing part of downtown Miami, offering a modern, convenient lifestyle. The unit is well-suited for both primary residence and investment, with the potential for steady income through short-term rental. The views, modern finishes, and location make it an appealing option for buyers looking for a waterside property that's also easy to manage.

Frequently Asked Questions

How many bedrooms and bathrooms does The Elser Hotel Unit 3811 have?

The unit offers 2 bedrooms and 2 full bathrooms.

What are the HOA fees for this unit?

The monthly HOA fee for The Elser Hotel Unit 3811 is $1,543.

Is this unit currently furnished and available for immediate occupancy?

Yes, the unit is fully furnished and turnkey, ready to be occupied immediately.

What kind of views does this unit offer?

The unit offers direct waterfront views of Biscayne Bay, as well as stunning bayfront and park panoramas.

Are short-term rentals allowed in The Elser Hotel?

Yes, short-term rentals, including daily rentals, are allowed in this building.

What is the size of the unit in square feet?

The unit has a living area of 818 square feet.

Monthly Fees & Carrying Costs

Association Fee $1,543 / month
Total Monthly Fees $1,543 / month
  • Membership Required: No
  • Application Fee: $100 (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 August 9, 2026 at 4:36 am
  • Property ID A11969815
  • Price $1,385,000
  • Property Size 818 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 2024
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Other
  • Waterfront Features Ocean Front
  • Bedroom Features Other
  • Cooling Central Air
  • Association Type Condo
  • Building The Elser Hotel
  • Association Fee Frequency Monthly
  • Area Map Of Miami Dade Co. Fl.
  • Annual Tax 23931
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 2
  • Subdivision MAP OF MIAMI DADE CO. FL.
  • Total Stories 55
  • Restrictions Daily Rentals Allowed
  • Maintenance Includes Other Maintenance Includes
  • Amenities Other
  • Parking 1 Space, Covered, Valet
  • Heating Other
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 818
  • Covered Spaces 1
  • Unit Floor 38
  • Frontage Bay
  • View Bay, Intracoastal View, Water View
  • Year Built Details New Construction
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 3811
  • Inclusions Other
  • Half Bathrooms 0
  • Flood Zone X
  • New Construction Yes
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 1543
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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