Home » Properties » 398 NE 5th St # 3207, Miami FL 33132

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Modern 1-Bedroom Condo with Biscayne Bay Views in Miami

Fully furnished 1-bedroom, 1-bath condo at The Elser with water views, balcony, and premium amenities in Miami.

$3,400

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MLS #A11725296

Listing Updated: 2026-07-13 00:42:42

Listed By: Keller Williams Eagle Realty

Overview

Experience upscale living at The Elser, located at 398 NE 5th St #3207 in Miami. This fully furnished 1-bedroom, 1-bathroom condominium offers stunning views of Biscayne Bay and Downtown Miami. The 442 sqft residence features stylish modern furnishings, a king-size bed, pull-out couch, and a flat-screen TV, complemented by high ceilings and designer touches. Residents enjoy premium amenities including a rooftop pool, two-story gym, sky lounge, grilling terrace, valet parking, and 24/7 concierge service. The location provides convenient access to Miami’s dining, entertainment, cultural venues, and transportation hubs. Ideal for long-term tenants seeking comfort and convenience in a vibrant urban setting.

Property Highlights

Fully furnished 1-bedroom condo, Biscayne Bay & Downtown views, open balcony, walk-in closet, covered assigned parking, rooftop pool, gym, sky lounge, grilling terrace, valet parking, 24/7 concierge.

Property Details

City: Miami

State: FL

Zip Code: 33132

Address: 398 NE 5th St # 3207, Miami FL 33132

Year Built:

Property Type: Residential Lease

Property Sub Type: Condominium

Listing Office Name: Keller Williams Eagle Realty

County: Miami-Dade County

Garage Spaces: 1

Parking Features: 1 Space, Assigned, Covered

Interior Features: Fire Sprinklers, Walk-In Closet(s)

Exterior Features: Open Balcony

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $0

Days On Market: 507 Days

Original Listing Description

Welcome to luxury living at The Elser! Amazing water views of Biscayne Bay & Downtown. This fully furnished stunning 1-bedroom, 1-bathroom condo blends style and comfort, featuring modern furnishings, a king-size bed, pull-out couch, and a flat-screen TV. With high ceilings and designer touches throughout. The Elser offers top-tier amenities including a wrap-around roof top pool, two-story gym, sky lounge, grilling terrace, valet parking, and 24/7 concierge service. Enjoy easy access to Miami’s best dining, entertainment, cultural attractions, port of Miami, along with major roads and public transit. Looking for a long term tenant (12 months or more). No Short term rentals Click on "VIRTUAL TOUR" to see this beautiful unit from the comfort of your home! EASY TO SHOW!!

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

398 NE 5th St # 3207, Miami FL 33132

About This Neighborhood

Situated in the heart of Miami’s vibrant 33132 area, this condo benefits from proximity to Biscayne Bay and Downtown. The neighborhood offers a dynamic urban lifestyle with access to restaurants, cultural attractions, and waterfront activities. Residents enjoy convenient transportation options and easy access to Miami’s major roads and public transit, making daily commuting and leisure activities accessible.

Walkability & Lifestyle

This Miami condo offers excellent walkability with nearby dining, shopping, and entertainment venues within easy reach. Residents can enjoy waterfront strolls along Biscayne Bay, access to parks, and convenient public transit options. The neighborhood supports an active lifestyle with diverse amenities accessible on foot or a short commute.

Things To Do Nearby

Living at The Elser places residents close to Miami’s vibrant cultural scene, waterfront activities, and dining experiences. Nearby attractions include marinas, entertainment venues, and outdoor recreational spaces. The rooftop pool and sky lounge add to the lifestyle options within the building, complementing the dynamic city environment.

Nearby Schools

The 33132 area provides convenient access to a range of educational institutions, offering options for families and individuals pursuing continuing education. Proximity to Miami’s educational resources enhances the neighborhood’s appeal for residents valuing convenient schooling options within reach.

Why Buyers Like This Area

Buyers and renters appreciate this area for its blend of urban convenience and scenic waterfront views. The Elser’s amenities and fully furnished units cater to those seeking a comfortable, move-in ready home. Accessibility to Miami’s key destinations and public transit enhances the neighborhood’s desirability for diverse residents.

Investment Potential

This 1-bedroom condo at The Elser offers an attractive option for renters seeking a high-quality residence in Miami’s urban core. Its prime location near Biscayne Bay and Downtown Miami enhances its appeal to professionals and long-term tenants. The building’s premium amenities and fully furnished interiors increase desirability, supporting steady tenant interest. While rental income can vary, the property’s features and location contribute to consistent demand in Miami’s competitive rental market.

Market Trends

Miami’s rental market continues to attract diverse tenants due to its strong urban appeal and waterfront location. Properties like this 1-bedroom condo at The Elser remain in demand for their combination of comfort, amenities, and location. The area’s inventory supports a competitive market where well-maintained, fully furnished units with premium features stand out to renters seeking quality living spaces.

Rental Income Potential

The condo’s location and amenities make it appealing for long-term renters, including professionals and individuals relocating to Miami. Its fully furnished status and access to luxury building features enhance its rental potential. Seasonal demand in Miami’s rental market can influence occupancy, but the property’s setting supports steady tenant interest throughout the year.