Home » Properties » 398 NE 5th St # 4008, Miami FL 33132

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Modern 1-Bedroom Condo with Bay Views in Miami

Experience Miami living in this 1-bedroom, 1-bath condo with stunning Biscayne Bay views and premium amenities.

$3,100

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MLS #A11769688

Listing Updated: 2026-07-15 06:30:32

Listed By: EXP Realty LLC

Overview

Wake up to breathtaking views of Biscayne Bay from the 40th floor in this modern 1-bedroom, 1-bath condominium at The Elser. Featuring high ceilings, a sleek Italkraft kitchen, and floor-to-ceiling windows, this residence blends cityscape and comfort seamlessly. Residents enjoy access to resort-style amenities including a pool, two-story gym, spa, and concierge services. Located in the heart of Miami, this property offers effortless access to vibrant dining, nightlife, and cultural experiences. The included garage space adds convenience to urban living. This condo represents a refined lifestyle in one of Miami’s most dynamic neighborhoods.

Property Highlights

1-bedroom, 1-bath condo on 40th floor; Italkraft kitchen; floor-to-ceiling windows; resort-style pool; two-story gym; spa; valet and concierge; 1 garage space; built in 2022.

Property Details

City: Miami

State: FL

Zip Code: 33132

Address: 398 NE 5th St # 4008, Miami FL 33132

Year Built: 2022

Property Type: Residential Lease

Property Sub Type: Condominium

Listing Office Name: EXP Realty LLC

County: Miami-Dade County

Garage Spaces: 1

Parking Features:

Interior Features:

Exterior Features: Barbeque, Built-In Grill

Waterfront: Yes

Pool: No

HOA Fee: $0

Annual Tax: $0

Days On Market: 437 Days

Original Listing Description

Picture this… You wake up on the 40th floor. You walk toward the window, coffee in hand, and Miami is right there in front of you. Biscayne Bay stretching out, the skyline glowing, and the Signature Bridge lighting up at night like a piece of art just for you. That’s not a vacation. That’s your everyday life.This 1-bedroom, 1-bath residence at The Elser is ready when you are. High ceilings, sleek Italkraft kitchen, and floor-to-ceiling windows that make the city feel like part of your living room.Enjoy downstairs at the resort-style pool, in the two-story gym, at the spa, or stepping out to some of the best dining and nightlife Miami has to offer. Valet, concierge, smart building tech everything is handled.It’s elevated, effortless, and exactly what Miami living should feel like.Come see it in person. Once you step inside, you’ll get it.

Property Location

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

398 NE 5th St # 4008, Miami FL 33132

About This Neighborhood

Situated in downtown Miami, this condo offers proximity to Biscayne Bay and the city’s cultural and entertainment hubs. Residents benefit from easy access to dining, nightlife, and waterfront activities. The neighborhood combines urban convenience with scenic views, making it a sought-after location for renters and residents alike.

Walkability & Lifestyle

This condo is located in a highly walkable area with numerous restaurants, shops, and entertainment venues within easy reach. Residents can enjoy waterfront walks, parks, and cultural attractions without needing a vehicle, supporting an active and convenient urban lifestyle.

Things To Do Nearby

Nearby amenities include waterfront dining, vibrant nightlife, cultural venues, and outdoor recreational options such as boating and parks. The location offers a well-rounded lifestyle with easy access to Miami’s signature attractions and leisure activities.

Nearby Schools

The downtown Miami area provides access to a variety of educational institutions ranging from primary schools to higher education. Families and professionals benefit from the proximity to reputable schools and universities, enhancing the neighborhood’s residential appeal.

Why Buyers Like This Area

Buyers appreciate this area for its combination of scenic views, urban convenience, and access to premium amenities. The neighborhood’s vibrant atmosphere and proximity to key Miami destinations make it attractive for those seeking a balanced lifestyle with easy access to work and leisure.

Investment Potential

This Miami condominium appeals to renters seeking modern urban living with premium amenities and stunning bay views. Its location in a vibrant neighborhood ensures steady tenant interest, especially among professionals and seasonal residents. The property’s recent construction and high-end features support long-term desirability in Miami’s rental market.

Market Trends

Miami’s rental market continues to attract diverse tenants due to its dynamic economy and lifestyle appeal. Properties with modern finishes and amenities, such as this condo, maintain strong demand. Limited inventory in desirable areas supports steady interest from renters looking for quality residences in central locations.

Rental Income Potential

The property’s location and upscale amenities contribute to its appeal for renters, including seasonal visitors and professionals. The 1-bedroom layout offers flexibility for various tenant profiles. While rental income can fluctuate seasonally, properties like this typically attract consistent interest due to their convenience and lifestyle offerings.