$1,375,000list price
Per sq ft$922
2 bd · 2.5 ba · 1,492 sq ft Condo or villa
200 BISCAYNE BOULEVARD WAY #4904, MIAMI, FL 33131
Listing courtesy of Great Properties International LLC. MLS# A12019163.On the MLS · Listed May 12
$1,379,000
398 NE 5TH ST #3711, MIAMI, FL 33132
2 beds2 baths818 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026This home against Downtown
$1,686 per sq ft, 101% over the Downtown median
106 days on the market
Price cut $141,000 since it was listed at $1,520,000
$23,136 in property taxes (2025)
Waterfront
2 car garage
Downtown today: 392 homes for sale, median list price $599,000.
About this home
Breathtaking high-floor coastal living awaits in the heart of Downtown Miami. Welcome to Unit 3711 at The Elser, an exquisite 2-bedroom, 2-bathroom corner oasis completely finished and furnished by Cotofana Designs. Floor-to-ceiling glass floods the space with natural light, framing dramatic, endless views of Biscayne Bay. The sleek, modern kitchen features custom Italkraft cabinetry, quartz countertops, and Frigidaire stainless appliances. Enjoy absolute flexibility: occupy as your personal luxury residence or generate top-tier passive income via the building's professionally managed 5-star short-term rental program. Five-star building amenities include a wrap-around resort pool deck, private lounges, outdoor theater, bar restaurant terrace, and valet parking. Minutes to Brickell, Wynwood, and Miami International Airport. Move-in or rent-ready on day one! Featuring a zero-restriction daily rental policy, this turnkey property is a premier short-term rental powerhouse.
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 Xcellence. MLS# A12057376.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed July 20, 2026.
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