Kirill Shapkin advises luxury buyers, sellers, and relocation clients — including international clients — who want a clear strategy and fast execution.

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Kirill Shapkin advises luxury buyers, sellers, and relocation clients — including international clients — who want a clear strategy and fast execution.

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398 NE 5th St # 3811, Miami FL 33132,Miami,Miami-Dade County,Residential

398 NE 5th St # 3811, Miami FL 33132

MLS# A11969815119 days on marketUpdated June 20, 2026

$ 1,693 / sqft

$ 1,385,000

Overview

UpdatedJune 20, 2026
MLS #A11969815
Bedrooms2
Bathrooms2
Size818 ft²
Year Built2024
Garage1

Description

Unit 3811 at Elser Hotel & Residences is a stunning 2-bedroom, 2-bathroom residence offering breathtaking bayfront and direct water views. From its elevated position, enjoy spectacular panoramas of the park and Biscayne Bay, with unforgettable sunrises and vibrant city lights at night. The unit is fully furnished and turnkey, ready to be occupied immediately or placed into income production from day one.

Floor-to-ceiling windows flood the space with natural light, enhancing the modern design and showcasing the incredible waterfront scenery. Located in one of Downtown Miami’s most desirable buildings, the residence allows short-term rentals, including daily rentals, making it an exceptional opportunity for investors seeking strong income potential, as well as end users who value flexibility. A rare opportunity to own a prime waterfront property with spectacular views and full short-term rental freedom.

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Interior

  • Bedrooms Total2
  • Entry Level38
  • FlooringOther
  • HeatingOther
  • HeatingYes
  • Interior FeaturesOther
  • Living Area818
  • Living Area UnitsSquare Feet
  • Rooms Total0
  • Security FeaturesOther

Exterior

  • Exterior FeaturesOther
  • Frontage TypeBay
  • Garage Spaces1
  • GarageYes
  • Lot Size Square Feet0
  • Lot Size UnitsSquare Feet
  • Parking Features1 Space, Covered, Valet
  • ViewBay, Intracoastal View, Water View
  • ViewYes
  • Waterfront FeaturesOcean Front

Structure

  • New ConstructionYes
  • Property AttachedYes
  • Property ConditionNew Construction
  • Stories Total55
  • Structure TypeCondo 5+ Stories, Condo
  • Year Built2024
  • Year Built DetailsNew Construction

Financial

  • Other Expense0
  • Parcel Number01-41-37-078-3650
  • Pets AllowedRestrictions Or Possible Restrictions
  • Public Survey Range41
  • Public Survey Section37
  • Public Survey Township41
  • Tax Annual Amount23,931
  • Tax Legal Description398 NE 5TH STREET CONDO UNIT 3811 UNDIV 0.2071% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Tax Year2025

Location

Features & Amenities

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  • Principal & interest
  • Property tax
  • Home insurance
  • PMI
  • HOA dues

Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.

Meet your agent

PR

Piero Ruggeri

Listing Agent · COSMORE Florida Corp.

BrokerageCOSMORE Florida Corp.
Agent MLS ID3530106
Office MLS IDCSFL01

Get in touch

+1 786 795 6008Send a message

Office · 786-536-2344

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Listing courtesy of COSMORE Florida Corp.

MLS# A11969815 · Listing agent Piero Ruggeri · Data last updated June 20, 2026

PRPiero Ruggeri
KSKirill ShapkinContact

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