398 NE 5th St # 4716, Miami, FL

The Elser Hotel & Residences · 0 Bedrooms · 1 Bathroom · 362 Sq Ft

The Elser Hotel & Residences Unit 4716 at 398 NE 5th St # 4716, Miami, FL 33132 — photo 1
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About the Property

Experience elevated living and exceptional investment potential at The Elser Miami, one of Downtown Miami’s most sought-after luxury residences. This fully furnished studio showcases breathtaking views of Biscayne Bay and the Miami skyline, blending modern design with high-end finishes for a turnkey opportunity. Designed for both lifestyle and income, the building offers world-class amenities including resort-style pool, fitness center, spa, business lounge, and on-site dining—including a Michelin-starred culinary experience. Ideal for short-term rentals, with flexible leasing options maximizing income potential. Located in the heart of Downtown Miami, just steps from Bayside, world-class museums, entertainment, and minutes to Brickell, South Beach, and Key Biscayne. This is a rare opportunity to own in one of Miami’s most dynamic and high-demand rental markets. Perfect for investors seeking strong returns or buyers looking for a luxury pied-à-terre in a prime waterfront location.

Unit 4716 in Context

Unit 4716 is located at 398 NE 5th St, part of the 16 line on floor 47 of The Elser's 646-residence tower. 2 other 16 line residences are currently offered for sale in the building.

This Residence

$1,450/SF

Building Avg Asking

$1,463/SF

Financial

Fees & Taxes

Association Fee$474
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$10,550
Tax Year$2,025

Terms

All CashConventionalPossession: Funding

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 47Furnished: FurnishedFirst Floor EntryElevatorAt Least 1 Bedroom Ground LevelRooms Total: 0Stories Total: 51

Appliances

DishwasherDryerMicrowaveElectric RangeRefrigeratorWasherOther Equipment: Elevator

Flooring

Ceramic Floor

Cooling & Heating

ElectricElectric

Exterior & Views

View

BayIntracoastal ViewWater View

Waterfront

Frontage TypeBay
WaterfrontYes

Pool & Spa

Carport Spaces0
Covered Spaces0
Garage Spaces0
Pool PrivateNo

Exterior

High RiseConstruction Materials: CBS ConstructionBarbequeIDX Participation: YesNew Construction: No

Building & Community

Amenities

Association: YesBarBarbecueBusiness CenterCabanaChild Play AreaClubhouse-ClubroomCommunity RoomElevator(s)Exercise RoomHeated PoolSaunaTrash Chute

Security

Fire AlarmSmoke DetectorElevator SecureCard Entry

Parking

Garage: NoValet

Pets & Restrictions

Pets AllowedRestrictions Or Possible Restrictions

Listing Information

Dates & Status

Approval StatusUnapproved
Contract Status Change Date2026-04-06
Listing Contract Date2026-04-06
Mls StatusActive
On Market Date2026-04-06

Details

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

Additional Details

Building Area Total362
Building NameTHE ELSER
ElectricCircuit Breakers
Green Energy EfficientAppliances
Parcel Number01-41-37-078-5440
Property AttachedYes
Special Listing ConditionsShort Sale

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Courtesy of Miami Masterpiece