45 photos
398 5th St #1911
Miami, FL 33132
Listing courtesy of Deal Flow Realty, LLC.. Contact: [email protected].
Experience elevated waterfront living at The Elser Miami, ideally located in the heart of Downtown Miami. Residence 1911 is a stunning 2-bed, 2-bath corner unit offering breathtaking panoramic views of Biscayne Bay and the Miami skyline through expansive floor-to-ceiling windows. Fully furnished and beautifully designed, this turnkey residence features a bright, open-concept layout, contemporary finishes, and a sleek modern kitchen with custom cabinetry, quartz countertops, and stainless-steel appliances. The corner position provides exceptional natural light and sweeping water and city views, creating an inviting atmosphere for both relaxing and entertaining. The Elser offers a unique opportunity for owners looking for both luxury living and income potential, with short-term rentals permitted according to condominium regulations and a professionally managed rental program available. The residence can be enjoyed as a private Miami retreat or utilized as a flexible investment property. Residents enjoy an impressive collection of resort-style amenities, including a spectacular pool deck, fitness center, private lounges, outdoor theater, bar and restaurant terrace, concierge services, and valet parking. Located in the heart of Downtown Miami, The Elser places you minutes from Bayside Marketplace, Bayfront Park, Kaseya Center, Brickell, Wynwood, Miami Worldcenter, world-class dining, shopping, entertainment, and Miami International Airport.
- Principal and interest
- $6,574
- Property tax
- $1,940
- Homeowners insurance
- $817
- HOA
- $1,342
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.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
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.
This building was built in 2022, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2052. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.