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2 Beds
2 Baths
818 sqft

$1,385,000

398 NE 5th St # 3811, Miami FL, 33132

Price per sqft$1,693.15
Built in2024
Property size818 sqft
Property typeCondominium

Overview

Active

Listed Feb 21, 2026

Updated 2 weeks ago

Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night. The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one. Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery. Located in one of Downtown Miami’s most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility. A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.

$9,214/mo

Est. mortgage payment based on a $1,385,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A11969815

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$23,931
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes
New Construction
Yes
Waterfront
Yes
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2026 Miami Association of REALTORS® all rights reserved. 

Data last updated 4:41 AM UTC, 9/10/2026.

Listed by:  COSMORE Florida Corp., 786-536-2344

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