Downtown Miami,The ELSER Hotel & Re

398 NE 5th St # 3516, Miami FL 33132

1 baths · 362 ft²

For Sale · Active Listing

$3,290

5.32%

Est. Payment $18/mo

MLS Sheet Video

Bathrooms

362

Sq. Ft.

2022

Year Built

Garage

Stories

Days on Market

Description

Flexible lease terms available (3 to 6 months or up to 1 year). Live the ultimate Downtown Miami lifestyle at The Elser Residences. This spectacular fully furnished studio features breathtaking panoramic views of Biscayne Bay and the Downtown skyline from one of the building’s most desirable lines. Designed with floor-to-ceiling windows, elegant finishes and a smart open layout, the residence offers a fully equipped full kitchen, modern bathroom, and in-unit washer and dryer, creating the perfect balance of comfort, functionality and style. All utilities included -except electricity. Residents enjoy a resort-style living experience with premium amenities including a pool deck with incredible bay views, two-story state-of-the-art fitness center, private beach club access, sky lounge, co-working spaces, grilling terrace, 24/7 concierge and valet parking. Ideally located in the heart of Downtown Miami just steps from the city’s most iconic destinations including Bayside Marketplace, Kaseya Center, Miami Worldcenter and the Brightline station, and only minutes from the Brickell Financial District, Miami Beach and Miami International Airport. Surrounded by world-class dining, shopping and entertainment, this residence offers one of the most vibrant and convenient urban lifestyles in Miami.

Facts

MLS#: A11983517
Subdivision: Downtown Miami,The ELSER Hotel & Re
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 2022
Lot Size: 0 sqft
Sq. Ft.: 362 ft²
Sq. Mt.: 34 m²
Price per sq. ft.: $9/ft²
Price per sq. mt.: $97/m²
Stories: 49
Garage: 1 spaces
Pool: —
Days on Market: 66 days
Listed: Mar 24, 2026
Last Updated: May 29, 2026
Price/Lot Sq.Ft.: —

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/29/2026	Price change	$3,290-5.3%
3/24/2026	Listed for sale	$3,475

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

398 NE 5th St # 3516, Miami FL 33132Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Charles R Hadley Elementary School
PK,KG,1,2,3,4,5 · public · 0.2 mi
Crisda Academics
UG · private · 0.3 mi
Crisda Christian Academy Inc.
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.4 mi
Seminole Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Pinecrest North Preparatory (Fontainebleau Campus)
KG,1,2,3,4,5,6,7,8 · charter · 0.7 mi
Pinecrest North Preparatory High School
9,10,11,12 · charter · 0.7 mi
Emmanual Christian School
1,2,3,4,5,6 · private · 1.0 mi
Apple Learning Center
PK,KG,1,2,3,4,5 · private · 1.2 mi
Little Village Day Care And Learning Center
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.3 mi
Flagami Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$10,967

gross income / month to qualify

Monthly rent$3,290

Required annual income$131,600

Security deposit (est.)$3,290

Move-in cost (1st + last + security)$9,870

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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