398 NE 5th St # 4701, Miami, FL

The Elser Hotel & Residences · 3 Bedrooms · 3 Bathrooms · 1,150 Sq Ft

The Elser Hotel & Residences Unit 4701 at 398 NE 5th St # 4701, Miami, FL 33132 — photo 1
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About the Property

Turnkey short-term rental property in the heart of Downtown Miami. Discover this fully furnished 3- bedroom, 3-bathroom penthouse designed for elevated living in the heart of Miami. With floor-to-ceiling windows, this residence offers breathtaking views of Biscayne Bay and Downtown Miami, creating the perfect blend of sophistication and vibrant city energy. This modern retreat features tall ceilings, smart keyless entry, an Ecobee smart thermostat, and sleek contemporary finishes throughout. Residents enjoy access to resort-style amenities, including a pool deck & fitness center all while being steps away from world-class entertainment.

Unit 4701 in Context

Unit 4701 is located at 398 NE 5th St, part of the 01 line on floor 47 of The Elser's 646-residence tower. 2 other 01 line residences are currently offered for sale in the building.

This Residence

$1,435/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$1,300
Association Fee FrequencyQuarterly
Lot Size Square Feet0
Tax Annual Amount$26,000
Tax Year$2,025

Terms

All CashConventionalFHAVA Loan

Interior Features

Interior

Bathrooms Full: 3Bathrooms Half: 0Entry Level: 47FurnishedTurn Key FurnishedCloset CabinetryWalk-In Closet(s)Family RoomPrimary Bath ShowerKitchen DiningFamily RoomRooms Total: 0Stories Total: 47

Appliances

DishwasherDisposalDryerMicrowaveRefrigeratorSelf Cleaning OvenWasher

Flooring

VinylWood

Cooling & Heating

Central AirCentral

Windows

High Impact Windows

Exterior & Views

View

BayIntracoastal ViewWater View

Waterfront

WaterfrontNo

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

High RisePenthouseConstruction Materials: Concrete Block ConstructionOpen BalconyIDX Participation: YesNew Construction: NoOpen Balcony

Building & Community

Amenities

Association: YesBarBarbecueExercise RoomPoolSpa/Hot Tub

Security

DoormanElevator SecureLobby Secured

Parking

Garage: Yes1 SpaceCoveredValetLimited # Of VehicleNo MotorcycleNo Trucks/Trailers

Pets & Restrictions

Pets AllowedRestrictions Or Possible Restrictions

Listing Information

Dates & Status

Contract Status Change Date2026-05-12
Listing Contract Date2026-05-12
Mls StatusActive
On Market Date2026-05-12

Details

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

Additional Details

Building Area Total1150
Building NameThe Elser
Parcel Number01-41-37-078-0340
Property AttachedYes

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Courtesy of MRI Realty Group