Condo
2
Beds
2
Baths
818
SQUARE FEET
Condominium
Type
2024
Built
$1,543
HOA / mo
Listing courtesy of
COSMORE Florida Corp.
Piero Ruggeri
MLS® #A11969815
Listing information last updated June 20, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with COSMORE Florida Corp. — and every agent and broker in Miami — to get the deal done.
Overview
This condo in Downtown Miami has 2 bedrooms and 2 bathrooms across 818 square feet, and is listed for sale at $1,385,000 (about $1,693 per square foot). Built in 2024.
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.
Listing history
Listed for sale
Feb 21, 2026 · MIAMI MLS
$1,385,000
Days on market
as of today
151 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$1,543 / mo
Annual property tax (2025)
$23,931
Association type
Condo
Waterfront
Ocean Front
Pets
Allowed (verify restrictions)
HOA dues include
Other Maintenance Includes
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11969815
Price$1,385,000
Size818 Square Feet
Bedrooms2
Bathrooms2
Garage1
Year built2024
TypeCondominium
StatusFor Sale
HOA$1,543 / mo
Price / Square Feet$1,693
Features & amenities
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Waterfront
Home Owners Association
New Construction
Other
Other Equipment/Appliances
Property Attached
Location
398 NE 5th St # 3811, Miami FL 33132
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$1,543
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 151 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.