398 NE 5th St # 3013, Miami FL 33132
About this home
Wake up to breathtaking, unobstructed views of the Atlantic Ocean, Biscayne Bay and the Port of Miami from this fully furnished studio on the 30th floor of ELSER, one of Downtown Miami's newest luxury towers. This turnkey residence features laminate and tile flooring, stainless steel appliances and a smart, functional layout ideal for an investor or end-user. Residents enjoy resort-style amenities including a pool, billiards room, BBQ/picnic area, business center and elevator-secured access, plus deeded beach access nearby. One assigned parking space is included. Ideally located in the heart of Downtown Miami, moments from Bayside Marketplace, the Arsht Center, Brickell and Miami's best dining and entertainment.
Features
- First Floor Entry
- No Additional Rooms
- East Of Us1
- Open Balcony
- Bay
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,540
- HOA
- $549 / 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.
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.
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.