10
  • 0
  • Bedroom
  • 1
  • Bathroom
  • 362 Sq Ft
  • Area Size
398 NE 5th St # 4716, Miami FL 33132 | Miami-Dade County | A11995606
  • $525,000

Description

Experience elevated living and exceptional investment potential at The Elser Miami, one of Downtown Miami’s most sought-after luxury residences. This fully furnished studio showcases breathtaking views of Biscayne Bay and the Miami skyline, blending modern design with high-end finishes for a turnkey opportunity.

Designed for both lifestyle and income, the building offers world-class amenities including resort-style pool, fitness center, spa, business lounge, and on-site dining—including a Michelin-starred culinary experience. Ideal for short-term rentals, with flexible leasing options maximizing income potential.

Located in the heart of Downtown Miami, just steps from Bayside, world-class museums, entertainment, and minutes to Brickell, South Beach, and Key Biscayne. This is a rare opportunity to own in one of Miami’s most dynamic and high-demand rental markets.

Perfect for investors seeking strong returns or buyers looking for a luxury pied-à-terre in a prime waterfront location.

Property Overview

This studio at The Elser in Downtown Miami offers 362 square feet of living space, with one full bathroom and no bedrooms. Fully furnished and completed in 2022, the unit features modern design and high-end finishes, with views of Biscayne Bay and the Miami skyline. It’s a newly built, turnkey opportunity in a building that attracts high-end tenants and visitors. The Elser offers a range of amenities, including a resort-style pool, fitness center, spa, business lounge, and on-site dining. A Michelin-starred restaurant is also available within the building, adding to the appeal for those looking to rent or live here. The HOA fee is $474 per month, and the building is known for its strong rental demand and management support. Located at 398 NE 5th St #4716, the unit sits in the heart of Downtown Miami, with easy access to Bayside, cultural attractions, and major neighborhoods like Brickell and South Beach. It sits in a high-demand rental market, making it a strategic location for buyers interested in short-term or long-term investment. For more details or to explore the opportunity, call 305-859-4733.

Frequently Asked Questions

How much is the monthly HOA fee for this unit?

The monthly HOA fee for this unit is $474.

What kind of views does this studio unit offer?

This studio unit offers breathtaking views of Biscayne Bay and the Miami skyline.

Is the unit furnished?

Yes, the unit is fully furnished and ready for immediate use.

What amenities are available in The Elser building?

The Elser offers amenities such as a resort-style pool, fitness center, spa, business lounge, and on-site dining, including a Michelin-starred restaurant.

Is this unit suitable for short-term rentals?

Yes, the unit is well-suited for short-term rentals, with flexible leasing options available.

What is the location like?

The unit is located in the heart of Downtown Miami, close to Bayside, museums, entertainment, and within minutes of Brickell, South Beach, and Key Biscayne.

Monthly Fees & Carrying Costs

Association Fee $474 / month
Total Monthly Fees $474 / month
  • Membership Required: No
  • Address: 5th St
  • City: Miami
  • Zip/Postal Code: 33132

Details

Updated on July 2, 2026 at 6:52 am
  • Property ID A11995606
  • Price $525,000
  • Property Size 362 Sq Ft
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Year Built 2022
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Cooling Electric
  • Association Type Condo
  • Building THE ELSER
  • Association Fee Frequency Monthly
  • Area Map Of Miami Dade Co. Fl.
  • Annual Tax 10550
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Full Bathrooms 1
  • Subdivision MAP OF MIAMI DADE CO. FL.
  • Total Stories 51
  • Restrictions Corporate Buyer OK
  • Maintenance Includes All Amenities, Water
  • Parking Valet
  • Heating Electric
  • Structure Type Condo-Hotel, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 362
  • Covered Spaces 0
  • Unit Floor 47
  • Frontage Bay
  • View Bay, Intracoastal View, Water View
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 4716
  • Inclusions None
  • Half Bathrooms 0
  • Flood Zone X
  • New Construction No
  • Garage Spaces 0
  • Style Condo-Hotel
  • Association Fee 474
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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