Condominium for sale

$1,139,000

398 NE 5th St #4719Miami, FL 33132

  • 1 Beds
  • 1 Baths
  • 626 Sq ft
  • 2022 Built

About this home

Experience flexible Downtown Miami ownership at The Elser Hotel & Residences, a condo-hotel offering a unique blend of personal use and income-producing potential. This residence may be used by the owner as a full-time or part-time home, while also allowing short-term rental flexibility when the owner is away.
This structure allows buyers to enjoy a prime Miami lifestyle while having the option to manage rentals independently and maximize the property’s use when not personally occupied.
Located in the heart of Downtown Miami, The Elser offers access to world-class dining, entertainment, waterfront attractions, Brickell, Bayside, Kaseya Center, and Miami’s vibrant urban lifestyle—making it an attractive option for personal enjoyment, short-term rental flexibility, and long-term ownership strategy.

Details

MLS #
A12049798
Property type
Condominium
Status
Active
Days on market
63
Neighborhood
MAP OF MIAMI DADE CO. FL.
County
Miami-Dade County
HOA / association fee
$900 monthly
Property taxes
$13,969 (2025)
Waterfront
Yes
Private pool
No
View
Other View
Garage spaces
1
Cooling
Central Air, Electric
Interior features
Lobby, First Floor Entry, Utility Room/Laundry
Exterior features
Open Balcony
Appliances
Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Washer

Location

Estimated payment

$7,823/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Epique Realty Inc. · Yadira Orta- Rubio. Listing last updated September 9, 2026 11:58 AM.

REALTOR® and MLS logo

The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated November 2, 2026 6:04 AM.

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