398 NE 5th St # 2904, Miami, FL

The Elser Hotel & Residences · 1 Bedroom · 1 Bathroom · 443 Sq Ft

The Elser Hotel & Residences Unit 2904 at 398 NE 5th St # 2904, Miami, FL 33132 — photo 1
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About the Property

Experience luxury living and exceptional investment potential at The Elser Hotel & Residences in the heart of Downtown Miami. This beautifully furnished residence features floor-to-ceiling impact glass, premium finishes, a fully equipped gourmet kitchen, private balcony, and breathtaking panoramic views of Biscayne Bay and the Miami skyline. With no rental restrictions, owners may enjoy the residence as a primary or secondary home or maximize income through daily, weekly, short-term, or long-term rentals. An optional professionally managed onsite rental program offers seamless ownership and income potential. Residents enjoy world-class amenities including a resort-style bayfront pool deck with private cabanas, two-story fitness center, yoga studio, coworking spaces, owners' lounge, restaurant, café, concierge, valet, and 24-hour security. Ideally located across from Bayfront Park and Bayside Marketplace and just steps from the Kaseya Center, Brightline, PortMiami, Brickell, the Adrienne Arsht Center, world-class dining, shopping, and entertainment. A rare opportunity to own a flexible luxury residence in one of Miami's most sought-after waterfront destinations.

Unit 2904 in Context

Unit 2904 is located at 398 NE 5th St, part of the 04 line on floor 29 of The Elser's 646-residence tower. 1 other 04 line residence is currently offered for sale in the building.

This Residence

$1,354/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$494
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$10,496
Tax Year$2,025

Terms

All CashConventional

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 29Furnished: FurnishedFire SprinklersOtherWalk-In Closet(s)Primary Bath ShowerKitchen DiningRooms Total: 0Stories Total: 49

Appliances

DishwasherDisposalDryerElectric RangeMicrowaveRefrigeratorWall OvenWasher

Flooring

Ceramic Floor

Cooling & Heating

Central AirElectricCentralElectric

Exterior & Views

View

Ocean ViewSkylineWater View

Waterfront

WaterfrontNo

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

High RiseConstruction Materials: CBS ConstructionOpen BalconyIDX Participation: YesNew Construction: NoOpen Balcony

Building & Community

Amenities

Association: YesBarBarbecueBusiness CenterElevator(s)Exercise RoomHeated PoolPoolSauna

Security

Fire SprinklersSmoke DetectorDoormanElevator SecureCard Entry

Parking

Garage: Yes1 SpaceValet

Listing Information

Dates & Status

Contract Status Change Date2026-06-28
Listing Contract Date2026-06-28
Mls StatusActive
On Market Date2026-06-28

Details

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

Additional Details

Building Area Total443
Building NameThe Elser
Door FeaturesHigh Impact Doors
Parcel Number01-41-37-078-1180
Property AttachedYes

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Courtesy of Keller Williams Eagle Realty