Description of this home

Experience elevated downtown living in Unit 4115, a high-floor 1-bedroom, 1-bath ADA compliant residence at The Elser Hotel & Residences, showcasing breathtaking direct bay views and a front-row vantage point to Miami’s future skyline, including the iconic Waldorf Astoria Miami, poised to become the tallest building east of New York City. This rare, flexible-use condo is perfectly suited as a primary residence, luxury second home, or high-performing income asset, with the building’s short-term-rental–friendly policy offering attractive revenue potential and owner flexibility. Thoughtfully designed for modern urban living, the unit combines comfort, accessibility, and strong long-term investment appeal in one turnkey offering. Residents and guests enjoy resort-style amenities and hotel-style services in a premier downtown location, just moments from the waterfront, Miami Worldcenter, world-class dining, entertainment, and cultural venues. Whether you’re seeking an elevated lifestyle base, a lock-and-leave second home, or a strategic foothold in one of Miami’s fastest-growing districts, Unit 4115 delivers exceptional value, versatility, and future upside.

Property Details for this home

Bathrooms Full

1

Bathrooms Half

0

Interior Features

Fire Sprinklers, Other, Walk-In Closet(s)

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer

Flooring

Tile

Heating

Central

Cooling

Central Air

Furnished

Furnished

Architectural Style

High Rise

Garage Spaces

1

Parking Features

1 Space, Covered, Valet

Pool Private

No

Year Built Details

Effective Year Built

Building Information for this home

Building Name

The Elser

Building Area Total

560

Building Area Units

Square Feet

Stories Total

49

Entry Level

41

Association

Yes

Association Fee

$862

Association Fee Frequency

Monthly

Association Amenities

Bar, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub

Pets Allowed

Yes

Security Features

Fire Sprinklers, Smoke Detector, Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured, Other

Property Information for this home

Waterfront

No

View

Bay, Other View, Skyline

Construction Materials

Concrete Block Construction

Exterior Features

East Of Us1, Open Balcony

New Construction

No

Public Records for this home

Parcel Number

01-41-37-078-5040

Tax Annual Amount

$11,493

Tax Year

2025

Tax Legal Description

398 NE 5TH STREET CONDO UNIT 4115 UNDIV 0.1418% INT IN COMMON ELEMENTS OFF REC 33416-1520

County Or Parish

Miami-Dade County

Payment Calculator

Location