For saleActiveListed Jul 22, 2026 · 91 days
$1,379,000

398 NE 5th St #3711, Miami, FL 33132

2 beds2 baths818 sq ft$1,686 per sq ftBuilt 2022

As of , this 2 bedroom, 2 bath condo at The Elser Hotel & Residences is for sale at $1,379,000 ($1,686 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2022
HOA fee
$1,511 / month
Property tax
$23,136 (2025)
Parking
2 garage spaces
View
Bay, Skyline
Waterfront
Yes
Pets
Pets allowed, with restrictions
Cooling
Central Air, Electric
Heating
Central, Electric
MLS number
A12057376

Listing information

Listing courtesy of Xcellence, 866-595-6025, messagecenter@xcellencerealty.com

Listing agent: Carlo Ortiz, cortizrealtor@gmail.com

BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.

MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.

Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.

Listing last changed .

From the listing

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.

The text above is the listing description from the MLS, as written by the listing agent.

The building

The Elser Hotel & ResidencesAs of , The Elser Hotel & Residences has 53 condos for sale, most from $525,000 to $1,379,000, and 24 for rent. The median asking price is $1,411 per sq ft.See all units and prices in this building

The Miami market

As of , the median asking price in Miami is $639,000, or $497 per sq ft, across 8,404 listings for sale. The median listing for sale there has been on the market for 91 days.

Price and status history

Listing date
Days on market
91
Original list price
$1,520,000
Price changes
1
DateEventPrice
Price changed$1,520,000 → $1,379,000
Listed$1,520,000

From the MLS. RealVista does not show sold prices.

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