398 NE 5th St # 3805, Miami, FL

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

The Elser Hotel & Residences Unit 3805 at 398 NE 5th St # 3805, Miami, FL 33132 — photo 1
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About the Property

Unit 3805 at The Elser offers a turnkey studio residence in the heart of Downtown Miami, ideal as a pied-à-terre or investment opportunity. The residence features a full kitchen, in-unit washer and dryer, contemporary finishes, and impressive views from the 38th floor. Owners have the option to enroll in the Highgate hotel rental program, providing professional management for nightly rentals and added flexibility for investors. The Elser offers an exceptional collection of resort-style amenities, including a spectacular pool deck, state-of-the-art fitness center, lounge areas, and more. Ideally located near Miami Worldcenter, Kaseya Center, Bayside Marketplace, dining, entertainment, and the waterfront. A unique opportunity to own a flexible residence in the center of Miami’s rapidly evolving urban core.

Unit 3805 in Context

Unit 3805 is located at 398 NE 5th St, part of the 05 line on floor 38 of The Elser's 646-residence tower. 1 other 05 line residence is currently offered for sale in the building.

This Residence

$1,129/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$2,062
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$10,780
Tax Year$2,025

Terms

All CashConventional

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 38LobbyElevatorOtherRooms Total: 0Stories Total: 49

Appliances

Electric Range

Flooring

Tile

Cooling & Heating

Central AirOther

Windows

Clear Impact Glass

Exterior & Views

View

CanalOther View

Waterfront

WaterfrontNo

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

High RiseConstruction Materials: Concrete Block ConstructionIDX Participation: YesNew Construction: No

Building & Community

Amenities

Association: YesBusiness CenterExercise Room

Security

DoormanElevator Secure

Parking

Garage: YesOther

Listing Information

Dates & Status

Contract Status Change Date2026-09-18
Listing Contract Date2026-09-18
Mls StatusActive
On Market Date2026-09-18

Details

County Or Parish: Miami-Dade CountyMajor Change Type: Price IncreaseCondo-HotelCondoYear Built Details: Resale

Additional Details

Building Area Total442
Building NameTHE ELSER
Door FeaturesHigh Impact Doors
Parcel Number01-41-37-078-1610
Property AttachedYes

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Courtesy of London Foster Realty