Condo
1
Baths
362
SQUARE FEET
Condominium
Type
2022
Built
$557
HOA / mo
Listing courtesy of
United Realty Group Inc
Gabriela Melo
MLS® #A11963081
Listing information last updated June 23, 2026
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Overview
This condo in Downtown Miami has 1 bathroom across 362 square feet, and is listed for sale at $599,000 (about $1,655 per square foot). Built in 2022.
Prime investment opportunity at The Elser Hotel & Residences in the heart of Downtown Miami. Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals—ideal for investors seeking strong income potential in Miami’s high-demand short-term rental market.
Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns.
Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit.
A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.
Listing history
Listed for sale
Feb 13, 2026 · MIAMI MLS
$599,000
Days on market
as of today
158 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
$557 / mo
Annual property tax (2025)
$9,386
Association type
Condo
Pets
Allowed (verify restrictions)
HOA dues include
All AmenitiesBuilding ExteriorCommon AreaElevatorInsuranceLandscaping/Lawn MaintenancePool ServiceSecuritySewerTrash Removal
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.
Building report · MCR exclusiveThe Elser — recertification, reserves, units & pricing
Property details
MLS #A11963081
Price$599,000
Size362 Square Feet
Bathrooms1
Year built2022
TypeCondominium
StatusFor Sale
HOA$557 / mo
Price / Square Feet$1,655
Features & amenities
Built-in Features
Closet Cabinetry
Dishwasher
Disposal
Dryer
Electric Range
Has a View
Has Cooling System
Has Heating System
Has Waterfront
Home Owners Association
Microwave
Open Balcony
Property Attached
Refrigerator
Vaulted Ceiling(s)
Walk-In Closet(s)
Washer
Location
398 NE 5th St # 2116, Miami FL 33132
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$557
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 · 158 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.