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398 NE 5th St #3811

$1,385,000

2 bd · 2 ba · 818 sqft · The Elser · Downtown

17% above The Elser’s asking median $/sqft
Negotiation read: On the market 200 days — longer than this building’s typical ~105.
Status
For sale
Price per sqft
$1,693/sqft
HOA
$1,543/mo
Year built
2024
Floor
38
Parking
1
Furnished
View
Bay, Intracoastal View, Water View
Waterfront
Yes
Days on market
200
Listed
Feb 21, 2026
MLS #
A11969815

Highlights from the listing

Pulled from the MLS description. Verify with the listing agent.

Short-term leases OK

allows short-term rentals, including daily rentals

About this unit

Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence featuring breathtaking bayfront and direct water views. From an elevated position, the home offers panoramic views of the park and Biscayne Bay, highlighted by floor-to-ceiling windows that provide ample natural light and showcase the waterfront scenery. The residence comes fully furnished and turnkey. Located in one of Downtown Miami’s premier buildings, the property allows for short-term rentals, including daily rentals

Listing courtesy of COSMORE Florida Corp. — Piero Ruggeri (Lic. #3530106) · MLS #A11969815 · Updated Sep 9, 2026

Neighborhood & lifestyle

What's around this home in Downtown — transit, parks, dining and landmarks within reach.

Nearby & transit
MetromoverMetrorail (Government Center)Bayfront ParkBayside MarketplaceKaseya CenterMiami Riverwalk

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