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  • Type
  • Condominium
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Garage
  • 1150 Sq Ft
  • Area Size
Active Residential Active
398 NE 5th St # 3901, Miami FL 33132 | Miami-Dade County | A11790416
  • $1,099,000

Description

An elegant, high-floor residence created for those who want to experience Miami with ease without the responsibilities of full-time ownership.

Perfectly positioned in Downtown Miami, this turnkey unit functions as a refined pied-à-terre for buyers who value proximity to Brickell, Miami Beach, the Design District, and the airport, making arrivals and departures effortless. Whether used as a personal retreat or a flexible city base, the location offers unmatched connectivity to Miami’s most vibrant neighborhoods.

When not in residence, owners may participate in professionally managed short-term rental programs, allowing the property to generate income in a fully hands-off manner. This structure is ideal for buyers who prefer simplicity and professional oversight rather than day-to-day rental operations.

This is not a traditional investment property, it is a lifestyle-driven asset designed for those seeking flexibility, convenience, and optional revenue without operational complexity.

Vacant and available for private showings.

Property Overview

This is a high-floor, three-bedroom, three-bathroom condominium at The Elser, a new 2022 construction building in downtown Miami. The unit is 1,150 square feet and priced at $1,099,000. The building is located at 398 NE 5th St # 3901, in the heart of the city, with convenient access to Brickell, Miami Beach, the Design District, and Miami International Airport. The unit is ready to move into, with a focus on simplicity and low-maintenance living. Owners have the option to enroll in a professionally managed short-term rental program, offering flexibility for those who want to generate income without managing the day-to-day. HOA fees are $1,769, and the building is designed for easy, modern living with no need for long-term, hands-on ownership. This is a lifestyle-oriented purchase for buyers seeking a functional, connected, and low-effort urban residence.

Frequently Asked Questions

How many bedrooms and bathrooms does this unit have?

This unit has 3 bedrooms and 3 full bathrooms.

What is the square footage of the living area?

The living area is 1,150 square feet.

What is the monthly HOA fee?

The monthly HOA fee is $1,769.

Is this unit in a new building?

Yes, this unit is in a building that was completed in 2022.

Can the unit be used for short-term rentals?

Yes, owners may participate in professionally managed short-term rental programs through the building.

Where is the building located in Miami?

The building is located at 398 NE 5th St #3901, in Downtown Miami, Florida.

Monthly Fees & Carrying Costs

Association Fee $1,769 / month
Total Monthly Fees $1,769 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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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 September 20, 2026 at 9:38 am
  • Property ID A11790416
  • Price $1,099,000
  • Property Size 1150 Sq Ft
  • Bedrooms 3
  • Room 0
  • Bathrooms 3
  • Garage 1
  • Year Built 2022
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • View Bay, Other View, Skyline, Water View
  • Cooling Central Air, Electric
  • Heating Central, Electric
  • Tax Year 2025
  • Flooring Tile
  • Unit Floor 39
  • Unit Number 3901
  • Building THE ELSER
  • Garage Spaces 1
  • Listing Terms All Cash, Conventional
  • Area Map Of Miami Dade Co. Fl.
  • Total Stories 47
  • Waterfront No
  • Association Yes
  • Full Bathrooms 3
  • Half Bathrooms 0
  • Covered Spaces 1
  • Style Condo-Hotel
  • Private Pool Yes
  • Structure Type Condo-Hotel, Condo
  • Association Fee 1769
  • Parking 1 Space, Valet
  • Subdivision MAP OF MIAMI DADE CO. FL.
  • Annual Tax 22418
  • Year Built Details Resale
  • Building Area 1150
  • Lot Size (Sq Ft) 0
  • New Construction No
  • Attached Yes
  • Bedroom Features Entry Level, Primary Bath Shower
  • Amenities Bar, Barbecue, Exercise Room, Other, Private Pool, Spa/Hot Tub
  • Restrictions Daily Rentals Allowed, Ok To Lease, See Broker Remarks
  • Construction CBS Construction
  • Pets Allowed Yes
  • Patio / Porch Open Balcony
  • Association Fee Frequency Monthly
  • Association Type Condo
  • Maintenance Includes All Amenities, Cable Tv, Trash Removal, Water
  • Membership Purchase Required No

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