398 NE 5th St # 3811, Miami, FL

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

The Elser Hotel & Residences Unit 3811 at 398 NE 5th St # 3811, Miami, FL 33132 — photo 1
1 / 19

About the Property

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.

Unit 3811 in Context

Unit 3811 is located at 398 NE 5th St, part of the 11 line on floor 38 of The Elser's 646-residence tower. 3 other 11 line residences are currently offered for sale in the building.

This Residence

$1,693/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$1,543
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$23,931
Tax Year$2,025

Terms

All CashConventionalPossession: Funding

Interior Features

Interior

Bathrooms Full: 2Bathrooms Half: 0Entry Level: 38OtherOtherRooms Total: 0Stories Total: 55

Appliances

Other Equipment/Appliances

Flooring

Other

Cooling & Heating

Central AirOther

Exterior & Views

View

BayIntracoastal ViewWater View

Waterfront

Frontage Type: BayWaterfront: YesOcean Front

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

Construction Materials: Concrete Block ConstructionOtherIDX Participation: YesNew Construction: Yes

Building & Community

Amenities

Association: YesOther

Security

Other

Parking

Garage: Yes1 SpaceCoveredValet

Pets & Restrictions

Pets AllowedRestrictions Or Possible Restrictions

Listing Information

Dates & Status

Contract Status Change Date2026-02-21
Listing Contract Date2026-02-21
Mls StatusActive
On Market Date2026-02-21

Details

County Or Parish: Miami-Dade CountyMajor Change Type: NewCondo 5+ StoriesCondoYear Built Details: New Construction

Additional Details

Building Area Total818
Building NameThe Elser Hotel
Parcel Number01-41-37-078-3650
Property AttachedYes
Property ConditionNew Construction

Similar Properties

Courtesy of COSMORE Florida Corp.