398 NORTH EAST 5TH ST #3811, Miami
$1,385,000 USD 2 2
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| Address | 398 NORTH EAST 5TH ST #3811, Miami |
| Building Name | The Elser Hotel |
| Type of Property | Condominium |
| Price | $1,385,000 |
| Property Status | Active |
| MLS Number | A11969815 |
| Bedrooms Number | 2 |
| Full Bathrooms Number | 2 |
| Living Area | 818 |
| Year Built | 2024 |
| Garage Spaces Number | 1 |
| Folio Number | 01-41-37-078-3650 |
| Days on Market | 1 |
Detailed Description: Unit 3811 at Elser Hotel and 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.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33132 |
| Address | 398 NORTH EAST 5TH ST |
| Section | 37 |
| Zip Code (4 Digits) | 2165 |
Financial Information
| Price | $1,385,000 |
| Price per Foot | $0 |
| Folio Number | 01-41-37-078-3650 |
| Maintenance Charge Month | $1,543 |
| Association Fee Paid | Monthly |
| Association Fee | $1,543 |
| Tax Amount | $23,931 |
| Tax Year | 2025 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | Unit 3811 at Elser Hotel and 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 View | Bay, Intracoastal View, Water View |
| Water Access | Other |
| Waterfront Description | Ocean Front |
| Floor Description | Other |
| Interior Features | Other |
| Exterior Features | Other |
| Equipment Appliances | Other Equipment / Appliances |
| Amenities | Other |
| Cooling Description | Central Air |
| Heating Description | Other |
| Parking Description | 1 Space, Covered, Valet |
| Pet Restrictions | Restrictions Or Possible Restrictions |
Property parameters
| Bedrooms Number | 2 |
| Full Baths Number | 2 |
| Living Area | 818 |
| Year Built | 2024 |
| Type of Property | Condominium |
| Building Name | The Elser Hotel |
| Development Name | MAP OF MIAMI DADE CO. FL. |
| Construction Type | Concrete Block Construction |
| Street Direction | North East |
| Garage Spaces Number | 1 |
| Listed with | COSMORE Florida Corp. |