$1,139,000

398 NE 5TH ST #4719, MIAMI, FL 33132

1 bed1 bath626 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026

This home against Downtown

$1,819 per sq ft, 115% over the Downtown median
120 days on the market
$13,969 in property taxes (2025)
Waterfront
1 car garage

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

About this home

Experience flexible Downtown Miami ownership at The Elser Hotel & Residences, a condo-hotel offering a unique blend of personal use and income-producing potential. This residence may be used by the owner as a full-time or part-time home, while also allowing short-term rental flexibility when the owner is away.This structure allows buyers to enjoy a prime Miami lifestyle while having the option to manage rentals independently and maximize the property’s use when not personally occupied. Located in the heart of Downtown Miami, The Elser offers access to world-class dining, entertainment, waterfront attractions, Brickell, Bayside, Kaseya Center, and Miami’s vibrant urban lifestyle—making it an attractive option for personal enjoyment, short-term rental flexibility, and long-term ownership strategy.

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 Epique Realty Inc.. MLS# A12049798.

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

Listed July 6, 2026.

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