$589,000

The Elser 398 NE 5th St Unit 4507 Floor 45 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $4,759/month

Total Views 300
1 Bed
1 Bath
442 Sq Ft
$1,333 Price per Sq Ft

Highlights

  • Valet Parking
  • 3-minute walk to College/Bayside
  • Balcony
  • Water Views
  • Heated Community Pool
  • Built-In Features

About This Home

Stunning furnished studio in a prime location with breathtaking city and water views! This modern building offers the perfect lifestyle—steps from restaurants, beaches, museums, Kaseya Center, and more. Ideal for central living or as an investment property, the unit also comes with access to the hotel program, allowing you to enjoy hands-free management and hassle-free monthly payouts. Whether you’re looking for a chic place to live or a smart income-producing opportunity, this property checks every box. Contact me today to schedule your private showing! The Elser - where luxury living meets the potential for exceptional ROI.

Amazing Investment/or Property to live in.

Listing Agent

Amy Caballero

The MVMNT Group LLC License #3538628 Listed on: 09/10/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,878

Year Built

  • Built in 2022

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Water

Home Design

  • Condo Hotel
  • Entry on the 45th floor

Interior Spaces

  • 442 Sq Ft Home
  • Built-In Features

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-078-2360

Community Details

Overview

  • High-Rise Condominium
  • The Elser Condos
  • Map Of Miami Dade Co. Fl. Subdivision
  • 49-Story Property

Amenities

  • Valet Parking
  • Secure Lobby

Recreation

  • Heated Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,878

Year Built

Built in 2022

Lot Details

0

HOA Fees

$680 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 45
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 589000
  • InternetRemarks: Stunning furnished studio with city & water views! Prime location + hotel program for hassle-free income. Perfect to live or invest. Exceptional ROI!
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Other, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Living Area: 442
  • Stories: 49
  • Bedroom Features: Studio

Exterior Features

  • View: Skyline, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Elser
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2039
  • Amenities: Heated Pool, Other, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-078-2360

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 11878

Map

About The Elser

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,522 $563,285 -- --
2024 $12,412 $592,932 -- --
2023 $12,412 $573,610 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2025 11/09/25 For Rent $3,400 0.0% --
09/10/2025 09/10/25 For Sale $589,000 0.0% $1,333 / Sq Ft
08/02/2025 08/02/25 Off Market $3,400 -- --
04/29/2025 04/29/25 For Rent $3,400 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11876211

MIAMI REALTORS® MLS

APN: 01-4137-078-2360

Florida Miami/Dade County Miami 33132 Downtown Miami

398 NE 5th St Unit 4507, Miami, FL

For Sale

Condos

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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.

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Listing Agent
Amy Caballero
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The MVMNT Group LLC
(888) 883-8509