$1,385,000
 $7,435 est/mo Sourced by Back At You

398 NE 5th St 3811,Miami, FL 33132

Miami, FL 33132

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Description

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.

Details

MLS #A11969815
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,543
Sub-TypeResale
StatusActive
Year2024
Days On Site198
Listing Provided ByCOSMORE Florida Corp. | Piero Ruggeri

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet818
Garage1
Story(s)55
Water FrontYes
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesCovered, One Space, Valet

Taxes

Tax Annual Amount23931

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area41
Community NameMAP OF MIAMI DADE CO. FL.
Listing VS Median (in MAP OF MIAMI DADE CO. FL.)
Price:
$1,385,000
low | high
Med:
$565,000
100% of Average
sqft:
818
low | high
Med:
647
70.904645476773% of Average
$ / sqft:
$1,693
low | high
Med:
$873
98.423995223721% of Average
On site:
198
low | high
Med:
125
100% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area41
Community NameMAP OF MIAMI DADE CO. FL.
Listing VS Median (in MAP OF MIAMI DADE CO. FL.)
Price:
$1,385,000
low | high
Med:
$565,000
100% of Average
sqft:
818
low | high
Med:
647
70.904645476773% of Average
$ / sqft:
$1,693
low | high
Med:
$873
98.423995223721% of Average
On site:
198
low | high
Med:
125
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.38M - $1.731M
sqft: 614 - 1,000
Listing Updated: August 11, 2026 at 8:05:42 AM PDT