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398 NE 5th St #3204
Miami, FL 33132
$740,000
Active
19+
$740,000
Active
Bedrooms
1
Bathrooms
N/A
Half Baths
443 
Size Sq. Ft.
34
DOM
398 NE 5th St #3204 Miami, FL 33132
Beds, 1 Baths, Condominium 443 Sq.Ft.
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Welcome to Unit 3204 at The Elser Miami, an exceptional investment opportunity in the heart of Downtown Miami! Built in 2022, this modern condo hotel offers the perfect blend of luxury, convenience, and income potential. Ideal for savvy investors or those seeking a strategic 1031 exchange, this unit is designed to maximize returns with its flexible daily rental program as part of the exclusive hotel program. Income-Producing Property: Participate in The Elser’s hotel rental program, allowing for lucrative daily rentals and a seamless management experience. Modern Design: Completed in 2022, this unit boasts contemporary finishes, a sleek open layout, and breathtaking city views.Low Monthly Costs: 1031 Exchange Opportunity!

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Listing Summary
  • Address 398 NE 5th St #3204
  • City Miami
  • County Miami-Dade
  • Zip 33132
  • Price $740,000 ($1,670 / SqFt)
  • Status Active
  • Subdivision The Elser
  • Pets Allowed Yes
  • MLS® # A11753429
  • Property Type Residential
  • Property Sub TypeCondominium
  • Status Active
  • Square Feet 443
  • Year Built 2022
  • Waterfront No
  • Maintenance Fees $681 Monthly
  • Taxes $11,417
  • Tax Year 2025
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398 NE 5th St #3204
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11753429) is provided courtesy of (London Foster Realty). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 04-23-2025. IDX powered by Realty Net Media
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(+1) 305-776-2174
Michellehalfon@compass.com
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Michelle Halfon is a real estate agent affiliated with Compass. Compass Florida, LLC d/b/a Compass is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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