Condo
1
Baths
442
SQUARE FEET
Condominium
Type
2022
Built
$679
HOA / mo
Listing courtesy of
Related General Realty, LLC.
Claudia Montenegro
MLS® #A11829784
Listing information last updated July 1, 2026
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Overview
This condo in Downtown Miami has 1 bathroom across 442 square feet, and is listed for sale at $585,000 (about $1,324 per square foot). Built in 2022.
The best investments begin with vision. One of the best-priced residences at The Elser, this fully furnished turnkey residence is professionally managed for short-term rentals, offering a seamless ownership experience in the heart of Downtown Miami. Ideally positioned along Biscayne Boulevard, adjacent to the iconic Waldorf Astoria Residences Miami and surrounded by transformative developments including Miami Worldcenter, Brightline, Kaseya Center and Bayside. Perfectly situated within one of Miami’s most prestigious luxury growth corridors, this residence presents an exceptional opportunity to enjoy today while investing in tomorrow.
Listing history
Listed for sale
Jun 27, 2025 · MIAMI MLS
$600,000
Days on market
as of today
389 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
$679 / mo
Annual property tax (2024)
$11,772
Association type
Condo
Waterfront
Intracoastal Front, Ocean Front
Pets
Allowed (verify restrictions)
HOA dues include
All AmenitiesCable TvCommon AreaElevator
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 #A11829784
Price$585,000
Size442 Square Feet
Bathrooms1
Garage1
Year built2022
TypeCondominium
StatusFor Sale
HOA$679 / mo
Price / Square Feet$1,324
Features & amenities
Dishwasher
Dryer
East Of Us1
Elevator
First Floor Entry
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Pool
Has Waterfront
Home Owners Association
Lobby
Microwave
Open Balcony
Property Attached
Location
398 NE 5th St # 4207, Miami FL 33132
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$679
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 389 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.