The Elser
398 NE 5th St # 4316, Miami FL 33132
1 baths · 362 ft²
$699,900
Est. Payment $3,725/mo
1
Bathrooms
362
Sq. Ft.
2022
Year Built
49
Stories
5
Days on Market
Description
Luxury & Investment Opportunity at The Elser! Experience the best of Miami living while maximizing your investment potential. This fully furnished luxury residence offers breathtaking views of Biscayne Bay and the Downtown Miami skyline, making it the perfect choice for personal enjoyment, a vacation home, or a high-income-producing asset. Designed with modern elegance, the unit features an open-concept layout, premium finishes, a king-size bed, sofa bed, fully equipped kitchen, in-unit washer and dryer, flat-screen TV, and secure keyless entry. Enjoy world-class amenities, including a spectacular rooftop pool with panoramic views, bar and restaurant service, a two-story fitness center, jacuzzi, 24/7 concierge, valet parking, and exclusive Beach Club access. Ideally located in the heart of Downtown Miami, just steps from Kaseya Center, Bayside Marketplace, Miami Worldcenter, Brightline Station, Brickell, top restaurants, shopping, nightlife, and major attractions. The Elser is one of Miami’s most sought-after buildings for short-term rentals, offering exceptional flexibility and strong income potential in a high-demand market. Whether you're looking for a luxury lifestyle, a second home, or an investment with attractive ROI, this property checks every box. Don't miss this rare opportunity to own a premier residence in one of Miami's fastest-growing and most desirable locations!
Facts
- MLS#
- A12042862
- Subdivision
- The Elser
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2022
- Lot Size
- 0 sqft
- Sq. Ft.
- 362 ft²
- Sq. Mt.
- 34 m²
- Price per sq. ft.
- $1,933/ft²
- Price per sq. mt.
- $20,585/m²
- Stories
- 49
- Garage
- —
- Pool
- —
- Days on Market
- 5 days
- Listed
- Jun 24, 2026
- Last Updated
- Jun 29, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
28
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).
| 6/24/2026 | Listed for sale | $699,900 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Coral Gables Preparatory AcademyPK,KG,1,2,3,4,5,6,7,8 · public · 0.3 mi
Crystal Academy Primary School CAPS InternUG · private · 0.4 mi
Learning Experience SchoolUG · private · 0.6 mi
Ebenezer Day CarePK,TK,KG,1,2 · private · 0.6 mi
Lindamood-Bell Learning Processes Coral Gables8,9,10,11 · private · 0.6 mi
Granada Day SchoolPK,KG · private · 0.6 mi
Gables Montessori SchoolKG · private · 0.6 mi
The Growing PlacePK,TK,KG · private · 0.6 mi
Coral Gables School for ChildrPK,KG · private · 0.8 mi
English Spanish International12 · private · 0.8 mi
Estimated Monthly Payment
$4,458/mo
Principal & Interest
$3,725
Property Tax
$583
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated 12 hours ago
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