$1,335,000
398 NE 5th St # 3811, Miami FL 33132
252 days on marketPrice reduced $50,000 on Oct 6, 2026
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 818 sqft
- Price per sqft
- $1,632
- Type
- Condominium
- Year built
- 2024
- HOA
- $1,543/mo
- Taxes
- $23,931/yr
- Waterfront
- Yes
- MLS #
- A11969815
About this home
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.
Estimated subtotal
$3,537/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $1,994
- HOAMLS association fee, monthly
- $1,543
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33132
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of COSMORE Florida Corp.
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.