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Miami/The Elser Hotel & Residences/398 NE 5th Street 3901

$1,099,000
398 NE 5th Street 3901, Miami, FL 33132
Miami, FL 33132
At The Elser Hotel & Residences  →
3
Beds
3
Baths
1,150
Sq Ft
$956
/ Sq Ft

About this condo

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.

The facts

Price
$1,099,000
Price / Sq Ft
$956
Bedrooms
3
Bathrooms
3
Interior
1,150 sq ft
Residence
#3901
Type
Condominium
Year Built
2022
Building
The Elser Hotel & Residences
Stories
47
HOA
$1,769 / mo
Garage
1 spaces
Flooring
Tile
Annual Tax
$22,418
Days on Market
460
MLS #
A11790416

Building amenities

  • Fitness Center
  • Maintenance Grounds
  • Other
  • Picnic Area
  • Pool
  • Spa Hot Tub
BeachesMLS

Listing courtesy of RGI Realty · Roberta@RGIRealty.com. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.