Home » Properties » 398 NE 5th St # 3618, Miami FL 33132

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Modern 3-Bedroom Condo with Biscayne Bay Views in Miami

Discover this 3-bed, 3-bath condo at The Elser Residences with stunning Biscayne Bay and Downtown Miami views, smart home features, and premium amenities.

$1,379,000

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MLS #A11910614

Listing Updated: 2026-07-30 18:29:35

Listed By: Finanz Butik Realty

Overview

This beautifully designed 3-bedroom, 3-bath condominium at The Elser Residences offers elevated living with breathtaking views of Biscayne Bay and Downtown Miami. Built in 2022, the residence features 9’2” ceilings, floor-to-ceiling impact windows, and smart home technology including keyless entry and an Ecobee smart thermostat. The open layout balances modern style with functionality, creating a comfortable and stylish living environment. Residents benefit from curated amenities and easy access to Miami’s premier dining, entertainment, and cultural venues, making this home ideal for those seeking a sophisticated urban lifestyle.

Property Highlights

3 bedrooms, 3 bathrooms, 1135 sqft, built in 2022, floor-to-ceiling impact windows, 9’2” ceilings, smart keyless entry, Ecobee thermostat, open balcony, no garage, located east of US1, premium amenities, stunning Biscayne Bay and Downtown Miami views.

Property Details

City: Miami

State: FL

Zip Code: 33132

Address: 398 NE 5th St # 3618, Miami FL 33132

Year Built: 2022

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: Finanz Butik Realty

County: Miami-Dade County

Garage Spaces: 0

Parking Features: None

Interior Features: First Floor Entry

Exterior Features: East Of Us1, Open Balcony

Waterfront: Yes

Pool: No

HOA Fee: $1,746

Annual Tax: $24,574

Days On Market: 205 Days

Original Listing Description

Experience elevated living at The Elser Residences in this beautifully appointed 3-bed, 3-bath residence. Thoughtfully designed with breathtaking Biscayne Bay and Downtown Miami views, this home features 9’2” ceilings, floor-to-ceiling impact windows, smart keyless entry, and an Ecobee smart thermostat for ultimate comfort. The open layout blends modern style with everyday functionality. Residents enjoy a collection of curated amenities, a vibrant lifestyle, and unmatched access to Miami’s top dining, entertainment, and cultural destinations. A rare opportunity to own a sophisticated, turn-key home in one of Miami’s most desirable buildings.

Property Location

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

398 NE 5th St # 3618, Miami FL 33132

About This Neighborhood

Situated in the heart of Miami’s downtown area, this property benefits from close proximity to Biscayne Bay and vibrant city life. The neighborhood is characterized by a dynamic mix of residential, dining, and entertainment options. Residents enjoy convenient access to waterfront parks, cultural venues, and a variety of shopping experiences. The area’s urban lifestyle is complemented by excellent transportation links, making it a sought-after location for those desiring both convenience and excitement.

Walkability & Lifestyle

This condominium’s location offers excellent walkability with numerous restaurants, cafes, and shops within easy reach. Residents can enjoy waterfront promenades, parks, and cultural venues all accessible by foot. The neighborhood’s pedestrian-friendly streets and proximity to public transportation create a convenient and vibrant urban lifestyle.

Things To Do Nearby

Living here means access to Miami’s rich array of activities including waterfront dining, boating, cultural events, and nightlife. Nearby parks and marinas provide outdoor recreation opportunities. The area’s entertainment options and proximity to downtown attractions ensure a dynamic lifestyle for residents.

Nearby Schools

The downtown Miami area offers access to a range of educational institutions, including public and private schools within reasonable commuting distance. Families benefit from the convenience of nearby schools that provide diverse educational programs. The area’s infrastructure supports easy travel to these schools, enhancing the neighborhood’s suitability for residents with children.

Why Buyers Like This Area

Buyers appreciate this property for its combination of modern design, smart home features, and spectacular views. The location in a premium building with curated amenities appeals to those seeking comfort and convenience in Miami’s downtown. Its proximity to cultural and entertainment venues adds to the lifestyle appeal, making it a well-rounded choice for various buyer profiles.

Investment Potential

This Miami condominium offers a desirable location with strong appeal for buyers seeking a modern urban residence. The Elser Residences is known for its premium amenities and proximity to key cultural and entertainment hubs, which supports steady demand. The combination of smart home features and contemporary design enhances its marketability. While investment returns cannot be guaranteed, the property’s location and quality position it well within Miami’s competitive real estate market.

Market Trends

Miami’s downtown condominium market remains active with consistent buyer interest driven by the city’s appeal as a cultural and economic center. Properties offering waterfront views and modern amenities continue to attract attention. Inventory levels fluctuate, but well-appointed residences like this one tend to maintain steady demand. The market reflects a balance of local and international buyers seeking quality homes in vibrant, amenity-rich neighborhoods.

Rental Income Potential

The location and features of this condominium make it attractive for renters looking for upscale urban living near Miami’s key attractions. Seasonal demand and the area's popularity with professionals and visitors contribute to potential tenant interest. While rental income is subject to market conditions and cannot be assured, the property’s appeal and amenities support its usability as a rental residence.