$1,650,000
398 NE 5th St #4701
3 bd · 3 ba · 1,150 sq ft
Listing courtesy of MRI Realty Group. 786-280-2600
From the MLS
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,150 sq ft
- Asking per square foot
- $1,435
- Year built
- 2022
- Association fee
- $1,300 quarterly
- ZIP code
- 33132
- MLS number
- A12017319
What the listing says
Turnkey short-term rental property in the heart of Downtown Miami. Discover this fully furnished 3- bedroom, 3-bathroom penthouse designed for elevated living in the heart of Miami. With floor-to-ceiling windows, this residence offers breathtaking views of Biscayne Bay and Downtown Miami, creating the perfect blend of sophistication and vibrant city energy. This modern retreat features tall ceilings, smart keyless entry, an Ecobee smart thermostat, and sleek contemporary finishes throughout. Residents enjoy access to resort-style amenities, including a pool deck & fitness center all while being steps away from world-class entertainment.
Description supplied by MRI Realty Group.
About The Elser Hotel & Residences
Forty-nine stories, 571 feet, 646 residences — a figure PMG and Greybrook publish and the Miami-Dade roll confirms exactly, folio for folio. In this market that almost never happens.
What has actually sold in The Elser Hotel & Residences →
That page takes its sale prices from the Miami-Dade county roll, not from a listing, and says how many recorded transfers were excluded as not arm’s-length. It is the number worth negotiating against.
Before you offer on this one
The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.
Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.
Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Work with Stefania
Or tell her what you are actually looking for
One listing is a data point. If you say what the place is for, she will come back with the buildings that fit and the ones to avoid.
Got it — that reached Stefania directly.
She answers inquiries personally, usually the same day. If it is urgent, call(786) 828-0091.








































