398 NE 5th St # 3711, Miami, FL

The Elser Hotel & Residences · 2 Bedrooms · 2 Bathrooms · 818 Sq Ft

The Elser Hotel & Residences Unit 3711 at 398 NE 5th St # 3711, Miami, FL 33132 — photo 1
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About the Property

Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.

Unit 3711 in Context

Unit 3711 is located at 398 NE 5th St, part of the 11 line on floor 37 of The Elser's 646-residence tower. 3 other 11 line residences are currently offered for sale in the building.

This Residence

$1,686/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$1,511
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$23,136
Tax ExemptionsTax Reflects No Homestead Exemption
Tax Year$2,025

Terms

All CashConventional

Interior Features

Interior

Bathrooms Full: 2Bathrooms Half: 0Entry Level: 37LobbyCloset CabinetryElevatorSkylightLevels: 1At Least 1 Bedroom Ground LevelOtherPrimary Bath ShowerDining/Living RoomShower OnlyRooms Total: 0Stories Total: 49

Appliances

DishwasherDisposalDryerElectric RangeElectric Water HeaterMicrowaveRefrigeratorWasherWhole House Permanent GeneratorElevator

Flooring

Tile

Cooling & Heating

Central AirElectricCentralElectric

Windows

Clear Impact GlassSkylight

Exterior & Views

View

BaySkyline

Waterfront

Frontage TypeBay
WaterfrontYes

Pool & Spa

Covered Spaces2
Garage Spaces2
Pool PrivateYes

Exterior

Corner UnitHigh RiseConcrete Block ConstructionConcrete Block With BrickBarbequeIDX Participation: YesNew Construction: NoDeck

Building & Community

Amenities

Association: YesBarBarbecueElevator(s)OtherPoolPrivate PoolSaunaSpa/Hot TubTrash Chute

Security

Elevator SecureCard EntryLobby Secured

Parking

Attached Garage: YesGarage: Yes1 SpaceCoveredValet

Pets & Restrictions

Pets AllowedYes

Listing Information

Dates & Status

Contract Status Change Date2026-07-22
Listing Contract Date2026-07-22
Mls StatusActive
On Market Date2026-07-22

Details

County Or Parish: Miami-Dade CountyMajor Change Type: Price DecreaseNumber Of Units In Community: 646Condo 5+ StoriesCondoYear Built Details: Resale

Additional Details

Building Area Total818
Building NameThe Elser
Door FeaturesHigh Impact Doors
Green Energy EfficientAppliances, HVAC
Number Of Units Total642
Parcel Number01-41-37-078-3640
Property AttachedYes
Property ConditionNew Construction

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