Luxury fully-furnished studio unit at The Elser Hotel & Residences in the heart of Downtown Miami. Designed for modern living, this residence features floor-to-ceiling windows, an open layout with a king-size bed and sofa sleeper, a fully equipped kitchen, and in-unit washer/dryer. Enjoy stunning panoramic views of Biscayne Bay and the Miami skyline. Short-term rentals are approved, with on-site hotel management. Ideal for both personal use or an income-producing investment. Enjoy resort-style amenities including a rooftop pool with bar and restaurant, two-story fitness center, spa, 24/7 concierge, valet parking, and exclusive beach club access. Just steps from Bayside Marketplace, Kaseya Center, Brightline, Port of Miami, and world-class dining, arts, and entertainment.
Listed by David Gueron
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License #3345159
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Smart Luxe
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786-200-0519
Last updated January 23, 2026
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Source: MIAMIRE #A11935337
Listing Facts
TypeCondo
NeighborhoodMiami Central Business District
Bedrooms1
Bathrooms1
Days on Prevu35
HOA/Maint. Fees$550/month
Taxes$9,842/year
Size430 sqft
Price per sqft$1,349
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
01/24/2026
Price Decreased
$580,000
12/26/2025
Listed by Smart Luxe
$610,000
Property Details for 398 NE 5th St 3102
Association
Amenities
Association Amenities: Clubhouse-Clubroom, Exercise Room, Pool, Sauna, Spa/Hot Tub
Pets Allowed: Restrictions Or Possible Restrictions
Fees
Association Fee: $550.00 Monthly
Association Fee Includes: All Amenities, Building Exterior, Common Area, Elevator, Recreation Facilities, Security, Trash Removal, Water
Exterior
Construction
Property Attached: Yes
Stories Total: 49
Structure Type: Condo-Hotel, Condo
Year Built: 2022
Year Built Details: Effective Year Built
Architectural Style: High Rise
Building Name: THE ELSER
Construction Materials: CBS Construction
Entry Level: 16
Exterior Features: Open Balcony
Features
Patio And Porch Features: Open Balcony
View: Bay, Intracoastal View, Other View, Skyline
Waterfront: Yes
Measurements
Building Area Total: 430
Building Area Units: Square Feet
Frontage Type: Bay
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 01-41-37-078-0520
Tax Annual Amount: $9,842.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
Flooring: Ceramic Floor
Interior Features: First Floor Entry
Measurements
Living Area: 430
Living Area Units: Square Feet
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 1
Other
Location
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Parking
Parking
Covered Spaces: 1
Garage Spaces: 1
Garage: Yes
Parking Features: 1 Space, Valet
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There is 1 bedroom and 1 bathroom in this condo at 398 NE 5th St 3102.
Does this condo have parking?
Yes, there is 1 parking space available for 398 NE 5th St 3102.
Are pets allowed at 398 NE 5th St?
Yes, 398 NE 5th St allows pets. Check the Property Details for any relevant restrictions.
What are the annual taxes for 398 NE 5th St 3102?
Annual taxes for this condo are estimated at $9,842.
How does 398 NE 5th St 3102 compare to other condos in Miami Central Business District?
This condo is listed 72% below the average price for condos in Miami Central Business District and has been on the market for 109 less days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is in the THE ELSER building.
What is the square footage on this condo?
According to the MLS, this listing is 430 sqft.
398 NE 5th St 3102 is a 1-bedroom, 1-bath condo for sale in Miami FL 33132. Listed on Prevu for 35 days at $580,000. This includes a recent price decrease of $30,000. This property features 430 square feet of living space, located in Miami Central Business District. The median listing price for condos in this area is $730,000. The home offers private outdoor space, dishwasher, pets allowed, air conditioning, parking, swimming pool, and washer/dryer. Browse more condo listings in Miami.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.