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398 5th St #4712
Miami, FL 33132
Listing courtesy of Miami Masterpiece (Carla Ruiz Contreras). Contact: [email protected].
Experience elevated luxury living at The Elser Hotel & Residences in Downtown Miami with this stunning high-floor studio on the 47th level, offering breathtaking panoramic views of the Miami skyline and Biscayne Bay. This fully furnished residence features high ceilings, floor-to-ceiling windows, and designer finishes throughout, creating a modern and sophisticated living experience. The sleek kitchen is equipped with premium cabinetry and top-of-the-line appliances, ideal for both everyday living and short-term rental income. Residents enjoy world-class amenities including resort-style pool, fitness center, concierge services, and an exclusive on-site Michelin-starred dining experience. Located in the heart of Downtown Miami, just minutes from Brickell City Centre, Bayside Marketplace, museums, parks, and major highways. Only a short drive to South Beach and Key Biscayne. Ideal for investors, this property allows daily rentals, making it a prime opportunity for Airbnb or short-term income in one of Miami’s fastest-growing luxury markets.
- Principal and interest
- $2,634
- Property tax
- $740
- Homeowners insurance
- $325
- HOA
- $440
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Outside the special flood hazard area (0.2% annual chance). Flood insurance is optional and usually priced lower.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.