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398 NE 5th St 3811
Miami, FL, 33132
Active$1,385,000
398 NE 5th St 3811
Miami, FL, 33132
Active$1,385,000
2
Bedrooms
2
Bathrooms
818 sqft
Living Area
2024
Year Built
$1,543
HOA / Monthly
119
Days on Market
Dock & Water AccessMLS
Ocean Front
Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.
Description
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.
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Location
Miami, FL, 33132
No price history available for this property.
Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]
Listing courtesy of COSMORE Florida Corp. via MIAMI REALTORS®
Last checked: 20 hours ago
Listing updated: June 20, 2026
© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Nearby Schools
Assigned Public Schools
E
Douglass, Frederick Elementary
Grades K-5 · Miami
M
Jose de Diego MS
Grades 6-8 · Miami
H
Washington, Booker T. Senior High
Grades 9-12 · Miami
Nearby Private Schools
Key Point Christian Academy0.8 mi
The Learning World Academy in Downtown0.8 mi
RJW The Academy of Arts Sciences0.8 mi
KLA Schools of Brickell0.8 mi
KLA Elementary0.9 mi
School data from Miami-Dade County Open Data Hub. Verify attendance zones with the school district.
Mortgage Calculator
Estimate your monthly payment for this waterfront property
20%
$277,000 down
%
Principal & Interest$7,186/mo
Property Tax (est. ~1.2%, varies by county)$1,385/mo
Home Insurance (est.)$250/mo
HOA Fees$1,543/mo
Total Monthly Payment$10,364
Loan Amount: $1,108,000Rate: 6.75%
Get Pre-QualifiedEstimated payments only. Actual rates and terms may vary.
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