$625,000
NEW CONSTRUCTION

The Elser 398 NE 5th St Unit 4313 Floor 43 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $4,640/month

Studio
1 Bath
357 Sq Ft
$1,751 Price per Sq Ft

Highlights

  • Valet Parking
  • 3-minute walk to College/Bayside
  • Fitness Center
  • Ocean View
  • Property Fronts a Bay or Harbor
  • New Construction

About This Home

Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one.
Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services. Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.

Listing Agent

Ozan Hosgor

United Realty Group Inc License #3619061 Listed on: 02/19/2026

United Realty Group Inc

Co-Listing Agent

Amy Koksu

United Realty Group Inc License #0685435

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,456

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $549 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

Home Design

  • Entry on the 43rd floor
  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 357 Sq Ft Home
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-4380

Community Details

Overview

  • High-Rise Condominium
  • The Elser Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • The community has rules related to no trucks or trailers
  • 49-Story Property

Amenities

  • Valet Parking
  • Clubhouse
  • Community Center
  • Party Room
  • Lobby
  • Secure Lobby
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,456

Year Built

Built in 2022 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$549 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: UNGR09
  • Co List Office Phone: 954-450-2000
  • Entry Level: 43
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 625000
  • InternetRemarks: Investor-friendly studio in Downtown Miami with skyline & bay views. Airbnb allowed. Fully furnished, turnkey income opportunity.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Fire Sprinklers, Studio Apartment
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 1
  • Door Features: High Impact Doors
  • Living Area: 357
  • Other Equipment: Elevator
  • Stories: 49
  • Window Features: Clear Impact Glass
  • Bedroom Features: Studio
  • Dining Room Features: Kitchen Dining
  • Living Room Features: Studio Apartment

Exterior Features

  • View: Bay, Ocean View, Skyline, Water View
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: Concrete Block Construction, CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE ELSER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Card Entry, Fire Alarm, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1647
  • Amenities: Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-4380

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10456

Map

About The Elser

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2026 02/19/26 For Sale $625,000 -- $1,751 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $645,000 None Listed On Document
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11968390

MIAMI REALTORS® MLS

APN: 01-4137-078-4380

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 4313, Miami, FL

For Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Ozan Hosgor
Section Image
United Realty Group Inc
(645) 241-7260
Your Personal Tour Guide

Ask me questions while you tour the home.