$599,999

398 NE 5TH ST #2904, MIAMI, FL 33132

1 bed1 bath443 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026

This home against Downtown

$1,354 per sq ft, 60% over the Downtown median
130 days on the market
Price cut $80,001 since it was listed at $680,000
$10,496 in property taxes (2025)
1 car garage

Downtown today: 393 homes for sale, median list price $599,000.

About this home

Experience luxury living and exceptional investment potential at The Elser Hotel & Residences in the heart of Downtown Miami. This beautifully furnished residence features floor-to-ceiling impact glass, premium finishes, a fully equipped gourmet kitchen, private balcony, and breathtaking panoramic views of Biscayne Bay and the Miami skyline.With no rental restrictions, owners may enjoy the residence as a primary or secondary home or maximize income through daily, weekly, short-term, or long-term rentals. An optional professionally managed onsite rental program offers seamless ownership and income potential.Residents enjoy world-class amenities including a resort-style bayfront pool deck with private cabanas, two-story fitness center, yoga studio, coworking spaces, owners' lounge, restaurant, café, concierge, valet, and 24-hour security.Ideally located across from Bayfront Park and Bayside Marketplace and just steps from the Kaseya Center, Brightline, PortMiami, Brickell, the Adrienne Arsht Center, world-class dining, shopping, and entertainment. A rare opportunity to own a flexible luxury residence in one of Miami's most sought-after waterfront destinations.

Zoned schools

Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Paul S. Walker Urbanscape, 0.2 mi
Grocery: Whole Foods Market, 0.2 mi

Distances from the center of Downtown, MIAMI.

Listing courtesy of Keller Williams Eagle Realty. MLS# A12039636.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed June 26, 2026.

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