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398 NE 5th St # 1911, Miami FL 33132

Condo/Co-op For Sale
$1,300,000

BTC: 15.36279839

ETH: 490.56603774

49 days
Waterfront
2 bds
2 ba
810 sqft

Overview

Experience elevated waterfront living at The Elser Miami, ideally located in the heart of Downtown Miami. Residence 1911 is a stunning 2-bed, 2-bath corner unit offering breathtaking panoramic views of Biscayne Bay and the Miami skyline through expansive floor-to-ceiling windows. Fully furnished and beautifully designed, this turnkey residence features a bright, open-concept layout, contemporary finishes, and a sleek modern kitchen with custom cabinetry, quartz countertops, and stainless-steel appliances. The corner position provides exceptional natural light and sweeping water and city views, creating an inviting atmosphere for both relaxing and entertaining. The Elser offers a unique opportunity for owners looking for both luxury living and income potential, with short-term rentals permitted according to condominium regulations and a professionally managed rental program available. The residence can be enjoyed as a private Miami retreat or utilized as a flexible investment property. Residents enjoy an impressive collection of resort-style amenities, including a spectacular pool deck, fitness center, private lounges, outdoor theater, bar and restaurant terrace, concierge services, and valet parking. Located in the heart of Downtown Miami, The Elser places you minutes from Bayside Marketplace, Bayfront Park, Kaseya Center, Brickell, Wynwood, Miami Worldcenter, world-class dining, shopping, entertainment, and Miami International Airport.

Location

Details

Type:
Residential
Parking:
Valet
Year Built:
2022
Lot:
No Data
Heating:
Central
Price/sqft:
$1,605
Cooling:
Central Air
HOA:
$1,342

Valuation

Our model vs. what's actually selling nearby.
Estimate
$750,000
$501K – $1.2M
Confidence Low
List vs. estimate
$550K above estimate
List $1,300,000 · +73.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,604
+181.9% vs. city median $569
Based on
185 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $12.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

HOA
$1,342/mo
View
Ocean View, Skyline
Waterfront
Ocean Front
Garage
1 car garage
Furnished
Furnished,Turn Key Furnished
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Microwave

    • Refrigerator

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Elevator

    • Split Bedroom

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Valet

    Other Property Information

    • Parcel Number: 01-41-37-078-3460

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,342

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A12071562

    Other facts

    • Construction Materials: Concrete Block With Brick / CBS Construction

    • Window Features: High Impact Windows

    • Direction Faces: East

    • Architectural Style: Corner Unit

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 810

    • Subdivision Name: MAP OF MIAMI DADE CO. FL.

Private inquiry
Talk to the advisor on this listing.
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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 ©2026-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: Deal Flow Realty, LLC.