$686,900
398 NE 5th Street 2004
Miami, FL 33132
MLS# A12112238
1 beds  |  1 baths  |  443 sqft
High-rise building featuring floor-to-ceiling glass paneling, wraparound balconies, and a multi-level terrace with an elevated lap pool
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High-rise building featuring floor-to-ceiling glass paneling, wraparound balconies, and a multi-level terrace with an elevated lap pool High-rise residential tower featuring a glass facade, recessed balconies, and an elevated outdoor terrace level Double-height windows, fluted accent wall paneling, polished concrete flooring, integrated recessed lighting, and a metal-framed glass entry door Industrial-style fitness center featuring floor-to-ceiling glass walls, an exposed ceiling with suspended linear lighting, rubberized flooring, and a floating staircase with wood treads and a metal railing Fitness center featuring industrial-style exposed ceilings, full-height windows, brick accent walls, and specialized rubberized flooring Fitness center featuring floor-to-ceiling windows, industrial-style exposed ceiling, combination rubberized and wood-finish flooring, and integrated linear lighting Indoor swimming pool featuring large-format tile flooring, linear overhead lighting, glass entry doors, and geometric wall murals Covered terrace featuring concrete structural columns, artificial turf surfacing, a glass-panel railing system, and integrated planter boxes Expansive rooftop terrace featuring a covered lounge area with concrete columns, synthetic turf flooring, and a glass-paneled railing Outdoor terrace featuring horizontal wood-slat cabinetry, built-in stainless steel grills, stone flooring, and perimeter landscaping Covered outdoor terrace featuring wood-finish wall paneling, a living green wall, stone tile flooring, exposed structural columns, and a built-in bar Built-in bar featuring a stone-topped counter, geometric-patterned tile flooring, integrated wall-mounted shelving, and a vertical living wall accent Elevated infinity-edge pool featuring stone-tile decking, reinforced concrete structural pillars, and integrated perimeter drainage Swimming pool featuring a stone-tile deck, concrete support pillars, glass-paneled exterior walls, and built-in landscape planters Floor plan Open-concept living space featuring wood-finish flooring, floor-to-ceiling windows, and a built-in dark wood shelving unit with integrated mounting for electronics Floor-to-ceiling windows, wood-finish flooring, recessed lighting, and integrated kitchen cabinetry Kitchen featuring dark-toned flat-panel cabinetry, stainless steel appliances, white subway tile backsplash, wood-finish flooring, and floor-to-ceiling windows Kitchen featuring flat-panel cabinetry, light-toned countertop, and white tile backsplash, complemented by wood-finish flooring and a built-in shelving partition Room featuring wood-finish flooring, a built-in upholstered headboard, and solid-core interior doors Kitchen featuring dark wood-finish cabinetry, stainless steel appliances, white subway tile backsplash, and floor-to-ceiling glass sliding doors with water and cityscape scenery Kitchen featuring dark wood-finish cabinetry, quartz countertops, white subway tile backsplash, stainless steel appliances, and wood-finish flooring Bathroom featuring a glass-enclosed shower with subway tile surround and dark-finish doors Floating vanity with light wood-finish cabinetry, white countertop, integrated rectangular sink, matte black faucet, and LED-backlit mirror Stacked laundry unit, wood-finish flooring, recessed lighting, and floor-to-ceiling glass windows High-rise architectural exterior featuring floor-to-ceiling glass paneling, an elevated swimming pool, structural support columns, and an integrated vertical garden feature

Property 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!

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-10-23
Status: Active
Original List Price: 686900
List Price: $686,900
Current Price: $686,900
Occupant Type: Call Listing Agent
Location and Legal
Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 398
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 2004
City Name: Miami
Municipal Code: 1
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2071
Postal Zip: 33132
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Area: 2420
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0141370781090
Subdivision Number: 78
Flood Zone: X
Directions: Located in Downtown Miami at 398 NE 5th Street, across from Bayside Marketplace and near Kaseya Center. From Biscayne Blvd, turn onto NE 5th Street and proceed to The Elser Hotel & Residences. Valet parking is available at the building entrance.
General Property Information
Unit Floor #: 20
Property Sub Type: Condominium
Bedrooms Total: 1
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 443
Living Area Main: 443
Adjusted Area Main: 443
Year Built: 2022
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Senior Community YN: No
Stories Total: 49
Financial Information
Association YN: 1
Association Fee: 2055
Association Fee Frequency: Quarterly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 685
Membership Fee Required YN: No
Tax Annual Amount: 10640
Tax Year: 2025
Tax Legal Description: 398 NE 5TH STREET CONDO UNIT 2004 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Entry Information
Entry Level: 1
Short Sale Details
Lender Approval: Unapproved
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Storm Protection
Impact Glass: Partial
Price Calculations
Current Price To SqFt: 1550.56
Section Details
Parcel Number MLX: 1090
Status Change Information
Major Change Timestamp: 2026-10-23T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-05
Originating Details
Originating System Key: 568263820
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Flooring: Laminate; Other
Parking Features: Valet
Property Condition: Resale
Special Listing Conditions: Short Sale
Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer
Construction Materials: Concrete Block - No Stucco
Cooling: Central Air
Association Type: Condominium
Heating: None
Listing Terms: Cash; Conventional; FHA; VA Loan
Pets Allowed YN: Yes
Possession: Close Of Escrow
Restrictions: See Remarks
Security Features: Key Card Entry; Security System
Special Information: Sold As-Is
Tax Information: City/County
Unit Description: Studio; High Rise
Water View: Bay
Showing Requirements: Showing Service
Supplements
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.
IDX
Listing Office: Realty One Group Evolution
Source MLS Verified

Last Updated: November - 06 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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