$686,900
 $3,687 est/mo Sourced by Back At You

398 NE 5th Street 2004,Miami, FL 33132

Miami, FL 33132

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Description

Discover an exceptional opportunity to own at The Elser Hotel & Residences, in the heart of Downtown Miami! This fully furnished junior suite on the 20th floor offers 443 sq. ft. of living space, a functional open-concept layout, modern finishes, an equipped kitchen, in-unit washer and dryer, and a private balcony. Enjoy the perfect combination of comfort, luxury, and convenience in a premier high-rise building featuring resort-style amenities, including a spectacular pool overlooking Biscayne Bay, fitness center, concierge services, valet parking, dining options, and inviting social spaces. Ideally located steps from Miami Worldcenter, Kaseya Center, Bayside Marketplace, Brightline Station, and Downtown Miami's finest restaurants, shopping, and entertainment. Currently operated as a short-term rental through the hotel program, with the option to use another approved rental management company, subject to applicable regulations and agreements. An attractive opportunity for investors or those seeking a Miami getaway. Experience the vibrant Downtown Miami lifestyle at The Elser! The unit is currently enrolled in The Elser's hotel rental management program. Owners may choose to work with the hotel operator or another management company approved by the Commercial Parcel Owner. Short-term rentals are subject to the unit's Certificate of Use and applicable condominium regulations. All transient guests must register at the front desk. Buyers and their agents should independently verify rental restrictions, management agreements, association fees, approval requirements, and permitted uses. Contact the listing agent for additional information regarding rental management options and property details.

Details

MLS #A12112238
Listing TypeFor Sale
StyleCondominium
HOA Dues$2,055
Sub-TypeResale
StatusActive
Year2022
Days On Site9
Listing Provided ByRealty One Group Evolution | Carolina De Vasconcelos Gomez

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet443
Garage1
PoolYes
Story(s)49
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesValet

Taxes

Tax Annual Amount10640

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2420
Community NameMAP OF MIAMI DADE CO. FL.
Listing VS Median (in MAP OF MIAMI DADE CO. FL.)
Price:
$686,900
low | high
Med:
$499,900
77.223758916873% of Average
sqft:
443
low | high
Med:
541
27.990970654628% of Average
$ / sqft:
$1,551
low | high
Med:
$962
87.942391579336% of Average
On site:
9
low | high
Med:
24
37.5% of Average
Sourced by Back At You

Market Activity 33132

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2420
Community NameMAP OF MIAMI DADE CO. FL.
Listing VS Median (in MAP OF MIAMI DADE CO. FL.)
Price:
$686,900
low | high
Med:
$499,900
77.223758916873% of Average
sqft:
443
low | high
Med:
541
27.990970654628% of Average
$ / sqft:
$1,551
low | high
Med:
$962
87.942391579336% of Average
On site:
9
low | high
Med:
24
37.5% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $515K - $858K
sqft: 332 - 554
Listing Updated: November 5, 2026 at 7:19:24 PM PST