Basic Information

  • Type Condominium
  • Status Active
  • Subdivision/Complex The Elser Hotel & Residences
  • Year Built 2022
  • Total Sqft 430
  • Date Listed 10/19/2026
  • Days on Market 0
Description

ANNUAL GROSS INCOME: $48,500! Exceptional investment opportunity in one of Miami’s most dynamic and rapidly transforming urban hubs. This income-producing property offers breathtaking views and an outstanding location, surrounded by newly developed ultra-luxury residences, world-class hotels, and iconic landmarks. Enjoy direct, unobstructed views of Miami’s spectacular new $1 billion signature bridge, placing this property at the heart of the city’s exciting evolution. A rare opportunity to own a prime piece of Miami real estate with strong income potential and long-term appreciation prospects.

Amenities

  • Other

Exterior Features

  • Waterfront Yes
  • Parking Spaces 1
  • Pool No
  • View Bay
  • Construction Type Block
  • Waterfront Description Bayfront
  • Parking Description One Space
  • Exterior Features Security High Impact Doors
  • Style Condominium

Interior Features

  • Adjusted Sqft 430Sq.Ft
  • Cooling Description Electric
  • Equipment Appliances Other
  • Floor Description Ceramic Tile
  • Heating Description Electric
  • Interior Features First Floor Entry
  • Sqft 430Sq.Ft

Property Features

  • Address 398 NE 5th St #3508
  • Aprox. Lot Size 430
  • Architectural Style High Rise
  • Association Fee Frequency Monthly
  • City Miami
  • Construction Materials Block
  • County Miami- Dade
  • Covered Spaces 1
  • Furnished Info no
  • Garage 1
  • Listing Terms Cash, Conventional
  • Occupant Type Tenant
  • Parking Features One Space
  • Pets Allowed Conditional, Yes
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Township 1
  • HOA Fees $0
  • Subdivision Complex The Elser Hotel & Residences
  • Subdivision Info The Elser Hotel & Residences
  • Tax Amount $11,136
  • Tax Legal desc 398 NE 5TH STREET CONDO UNIT 3508 UNDIV 0.1089 INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Tax Year 2025
  • Terms Considered Cash, Conventional
  • Type of Property Condominium
  • View Bay
  • Year Built Details Resale
  • Waterfront Description Bayfront

398 NE 5th St #3508

Miami, FL 33132

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    The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Piquet Realty. tel: 305-812-0361

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