398 NE 5th St # 2805, Miami, FL

The Elser Hotel & Residences · 1 Bedroom · 1 Bathroom · 442 Sq Ft

The Elser Hotel & Residences Unit 2805 at 398 NE 5th St # 2805, Miami, FL 33132 — photo 1
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About the Property

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

Unit 2805 in Context

Unit 2805 is located at 398 NE 5th St, part of the 05 line on floor 28 of The Elser's 646-residence tower. 2 other 05 line residences are currently offered for sale in the building.

This Residence

$1,581/SF

Building Avg Asking

$1,444/SF

Financial

Fees & Taxes

Association Fee$680
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$10,703
Tax Year$2,025

Terms

All CashConventional

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 28Furnished: FurnishedFirst Floor EntryBarElevatorOtherBreakfast AreaDining/Living RoomEat-In KitchenRooms Total: 0Stories Total: 49

Appliances

DishwasherDisposalDryer

Flooring

Ceramic Floor

Cooling & Heating

OtherElectricOther

Windows

High Impact WindowsImpact Glass

Exterior & Views

View

Intracoastal ViewOther ViewSkylineWater View

Waterfront

Frontage Type: BayWaterfront: YesIntracoastal Front

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

OtherIDX Participation: YesNew Construction: No

Building & Community

Amenities

Association: YesBarBusiness CenterCabanaElevator(s)Exercise RoomSpa/Hot Tub

Security

DoormanElevator SecureFire AlarmGrillwork

Parking

Garage: Yes1 Space

Listing Information

Dates & Status

Contract Status Change Date2026-10-05
Listing Contract Date2026-10-05
Mls StatusActive
On Market Date2026-10-05

Details

County Or Parish: Miami-Dade CountyMajor Change Type: NewCondo-HotelCondoYear Built Details: Effective Year Built

Additional Details

Building Area Total442
Building NameThe ELSER Residances
Parcel Number01-41-37-078-1510
Property ConditionNew Construction

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Courtesy of Cays LLC