398 NE 5th Street 2004, Miami, FL 33132

$686,900

High-rise building featuring floor-to-ceiling glass paneling, wraparound balconies, and a multi-level terrace with an elevated lap pool

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12112238

High-rise residential tower featuring a glass facade, recessed balconies, and an elevated outdoor terrace level

Double-height windows, fluted accent wall paneling, polished concrete flooring, integrated recessed lighting, and a metal-framed glass entry door

Industrial-style fitness center featuring floor-to-ceiling glass walls, an exposed ceiling with suspended linear lighting, rubberized flooring, and a floating staircase with wood treads and a metal railing

Fitness center featuring industrial-style exposed ceilings, full-height windows, brick accent walls, and specialized rubberized flooring

Fitness center featuring floor-to-ceiling windows, industrial-style exposed ceiling, combination rubberized and wood-finish flooring, and integrated linear lighting

Indoor swimming pool featuring large-format tile flooring, linear overhead lighting, glass entry doors, and geometric wall murals

Covered terrace featuring concrete structural columns, artificial turf surfacing, a glass-panel railing system, and integrated planter boxes

Expansive rooftop terrace featuring a covered lounge area with concrete columns, synthetic turf flooring, and a glass-paneled railing

Outdoor terrace featuring horizontal wood-slat cabinetry, built-in stainless steel grills, stone flooring, and perimeter landscaping

Covered outdoor terrace featuring wood-finish wall paneling, a living green wall, stone tile flooring, exposed structural columns, and a built-in bar

Built-in bar featuring a stone-topped counter, geometric-patterned tile flooring, integrated wall-mounted shelving, and a vertical living wall accent

Elevated infinity-edge pool featuring stone-tile decking, reinforced concrete structural pillars, and integrated perimeter drainage

Swimming pool featuring a stone-tile deck, concrete support pillars, glass-paneled exterior walls, and built-in landscape planters

Open-concept living space featuring wood-finish flooring, floor-to-ceiling windows, and a built-in dark wood shelving unit with integrated mounting for electronics

Floor-to-ceiling windows, wood-finish flooring, recessed lighting, and integrated kitchen cabinetry

Kitchen featuring dark-toned flat-panel cabinetry, stainless steel appliances, white subway tile backsplash, wood-finish flooring, and floor-to-ceiling windows

Kitchen featuring flat-panel cabinetry, light-toned countertop, and white tile backsplash, complemented by wood-finish flooring and a built-in shelving partition

Room featuring wood-finish flooring, a built-in upholstered headboard, and solid-core interior doors

Kitchen featuring dark wood-finish cabinetry, stainless steel appliances, white subway tile backsplash, and floor-to-ceiling glass sliding doors with water and cityscape scenery

Kitchen featuring dark wood-finish cabinetry, quartz countertops, white subway tile backsplash, stainless steel appliances, and wood-finish flooring

Bathroom featuring a glass-enclosed shower with subway tile surround and dark-finish doors

Floating vanity with light wood-finish cabinetry, white countertop, integrated rectangular sink, matte black faucet, and LED-backlit mirror

Stacked laundry unit, wood-finish flooring, recessed lighting, and floor-to-ceiling glass windows

High-rise architectural exterior featuring floor-to-ceiling glass paneling, an elevated swimming pool, structural support columns, and an integrated vertical garden feature

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 443 Status: Active

Current Price: $686,900 List Date: 10/23/2026 Last Modified: 11/06/2026

Overview

Description

Discover an exceptional opportunity to own at The Elser Hotel & Residences, in the heart of Downtown Miami! This fully furnished junior suite on the 20th floor offers 443 sq. ft. of living space, a functional open-concept layout, modern finishes, an equipped kitchen, in-unit washer and dryer, and a private balcony. Enjoy the perfect combination of comfort, luxury, and convenience in a premier high-rise building featuring resort-style amenities, including a spectacular pool overlooking Biscayne Bay, fitness center, concierge services, valet parking, dining options, and inviting social spaces. Ideally located steps from Miami Worldcenter, Kaseya Center, Bayside Marketplace, Brightline Station, and Downtown Miami's finest restaurants, shopping, and entertainment. Currently operated as a short-term rental through the hotel program, with the option to use another approved rental management company, subject to applicable regulations and agreements. An attractive opportunity for investors or ... (Read more)

Supplements: The unit is currently enrolled in The Elser's hotel rental management program. Owners may choose to work with the hotel operator or another management company approved by the Commercial Parcel Owner. Short-term rentals are subject to the unit's Certificate of Use and applicable condominium regulations. All transient guests must register at the fron ... (Read more)

Listing Details MLS# A12112238

General Property Information

Unit Floor #: 20
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 443
Living Area Main: 443
Adjusted Area Main: 443
Year Built: 2022
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Stories Total: 49

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Flooring: Laminate; Other Parking Features: Valet Property Condition: Resale Special Listing Conditions: Short Sale Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Construction Materials: Concrete Block - No Stucco Cooling: Central Air Association Type: Condominium Heating: None Listing Terms: Cash; Conventional; FHA; VA Loan Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: See Remarks Security Features: Key Card Entry; Security System Special Information: Sold As-Is Tax Information: City/County Unit Description: Studio; High Rise Water View: Bay Showing Requirements: Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 686900
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 398
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 2004
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2071
Postal Zip: 33132
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Area: 2420
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0141370781090
Subdivision Number: 78
Flood Zone: X
Directions: Located in Downtown Miami at 398 NE 5th Street, across from Bayside Marketplace and near Kaseya Center. From Biscayne Blvd, turn onto NE 5th Street and proceed to The Elser Hotel & Residences. Valet parking is available at the building entrance.

Financial Information

Association YN: Yes
Association Fee: 2055
Association Fee Frequency: Quarterly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 685
Membership Fee Required YN: No
Tax Annual Amount: 10640
Tax Year: 2025
Tax Legal Description: 398 NE 5TH STREET CONDO UNIT 2004 UNDIV 0.1122% INT IN COMMON ELEMENTS OFF REC 33146-1520

Status Change Information

Major Change Timestamp: 2026-10-23T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-05

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Short Sale Details

Lender Approval: Unapproved

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Storm Protection

Impact Glass: Partial

Price Calculations

Current Price To SqFt: 1550.56

Section Details

Parcel Number MLX: 1090

Originating Details

Originating System Key: 568263820
Originating System ID: M00000151

Listing Office: Realty One Group Evolution

Last Updated: November - 06 - 2026

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398 NE 5th Street 2004, Miami, FL 33132 (MLS# A12112238)