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Active
Condominium
$1,174,000$2,306 / sqft

398 NE 5th St # 4410, Miami FL 33132

In The Elser
1
Bedrooms
1
Bathrooms
509 sqft
Interior
2022
Year built
$1,307 / mo
HOA
Condominium
Type

About this home

Experience modern luxury living at The Elser Hotel & Residences in Downtown Miami. This fully furnished 1-bedroom residence features stunning Biscayne Bay and skyline views, a sleek kitchen with black cabinetry, quartz countertops, and stainless steel appliances. Enjoy light wood floors, floor-to-ceiling windows, Ecobee smart thermostat, and keyless entry. The bedroom offers a serene retreat with custom closets and a spa-inspired bath. Residents have access to resort-style amenities, including a bay-view pool, fitness center, coworking spaces, lounges, and 24-hour concierge. Located steps from dining, shopping, and world-class entertainment, The Elser offers a vibrant Miami lifestyle. Schedule a showing Today! Please confirm all information with the city and association.

Features

  • Lobby
  • Walk-In Closet(s)
  • Other
  • Ocean View
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$7,243

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$5,936
HOA
$1,307 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Authentic Real Estate Team

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.