For saleReduced $50,000 from $795,000Virtual tour

$745,000

1 beds443 sq ft

398 Ne 5th St #2804Miami, FL 33132

Homes, condos and townhomes · MLS 11395472 · Listed 1047 days ago (Dec 18, 2023)

Bay, harbor, inlet or sound · Shared waterfront site · Waterfront details

Report a problem

For sale: Listed and available according to the MyStateMLS feed.

About this property

Discover The Elser Residence 2804, a cultivated residence created for exceptional vibrant living, mindful and sophisticated designs pair perfectly with floor to ceiling views of Biscayne Bay and Downtown Miami, created for modern living. The Elser Hotel Residences Miami offers a choice for every need. Discover a wealth of curated amenities meant for recreation, relaxation and inspiration.Within the many attributes, owners may rent the properties daily for better income returns. Units offer ceiling height with floor to ceiling windows, Ecobee smart thermostat, Smart keyless entry, and much more. With access to an abundance of well- appointed amenities and direct proximity to world-class entertainment, arts, and dining, The Elser Hotel and Residences offers a lively, dynamic lifestyle.

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The home is part of a condominium, cooperative or community whose shared site is reported as waterfront. Shoreline and docks are typically common or community property, not owned by the individual unit.

Relationship to the water
Shared waterfront site
Water body
Not provided. Ask the listing agent.
Frontage length
Not provided. Ask the listing agent.
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Not provided. Ask the listing agent.
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.
Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Bay”: Describes the water without a frontage value.
  • PropertyTypeDetail “condo”: A unit on a shared (condominium-style) site.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Compass Florida, LLC.

Facts

List price
$745,000
Original list price
$795,000
Status
For sale
Property type
Condo
Bedrooms
1
Full baths
1
Interior area
443 sq ft
Year built
2022
County
Miami-Dade County
MLS number
11395472
Annual property tax (2023)
$11,575

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Appliances

  • Washer
  • Range
  • Microwave
  • Refrigerator
  • Dryer
  • Dishwasher

Flooring

  • Tile

Heating

  • Hot Water
  • Electric

Virtual tours

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Miami.

Price and status history

  • Original list price reported by the brokerage: $795,000

Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

Estimate a monthly payment

$149,000
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2023). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.

Estimated monthly payment

$4,948 per month

Principal and interest$3,767
Property tax$965
Homeowners insurance$217
Loan amount$596,000
Total interest over the term$760,165

An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

Similar waterfront listings nearby

Waterfront listings of the same property type and water type in Miami, priced within 25% of this listing ($558,750 to $931,250), newest first. Each one passes the same waterfront rules. See all matches

High-rise towers featuring glass-paneled balconies, floor-to-ceiling windows, and a waterfront location with an outdoor swimming pool
For saleVirtual tour

$875,000

2 beds1,193 sq ft

Bay, harbor, inlet or soundShared waterfront site

650 Ne 32nd St #1804Miami, FL 33137

Condo · MLS 12047090

Listing courtesy of Compass Florida, LLC · MyStateMLS

Photo 1 of 44, home at 801 Brickell Key Blvd #2006, Miami, FL 33131
For saleVirtual tour

$580,000

1 bed863 sq ft

Bay, harbor, inlet or soundShared waterfront site

801 Brickell Key Blvd #2006Miami, FL 33131

Condo · MLS 12038010

Listing courtesy of Compass Florida, LLC · MyStateMLS

Photo 1 of 16, home at 888 Biscayne Blvd #411, Miami, FL 33132
For saleVirtual tour

$595,000

1 bed845 sq ft

Bay, harbor, inlet or soundShared waterfront site

888 Biscayne Blvd #411Miami, FL 33132

Condo · MLS 12014399

Listing courtesy of Compass Florida, LLC · MyStateMLS

Photo 1 of 14, home at 1865 Brickell Ave #A1911, Miami, FL 33129
For saleDock reportedVirtual tour

$735,000

2 beds1,362 sq ft

Ocean or gulf · Bay, harbor, inlet or soundShared waterfront site

1865 Brickell Ave #A1911Miami, FL 33129

Condo · MLS 12006878

Listing courtesy of Compass Florida, LLC · MyStateMLS

Photo 1 of 60, home at 2020 N Bayshore Dr #708, Miami, FL 33137
For saleVirtual tour

$899,000

2 beds1,128 sq ft

Bay, harbor, inlet or soundShared waterfront site

2020 N Bayshore Dr #708Miami, FL 33137

Condo · MLS 11939852

Listing courtesy of Compass Florida, LLC · MyStateMLS

Photo 1 of 37, home at 770 Claughton Island Dr #2016, Miami, FL 33131
For saleVirtual tour

$725,000

2 beds1,065 sq ft

Bay, harbor, inlet or soundShared waterfront site

770 Claughton Island Dr #2016Miami, FL 33131

Condo · MLS 11939838

Listing courtesy of Compass Florida, LLC · MyStateMLS

Questions to ask before you buy

Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

  1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
  2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
  3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
  4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
  5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
  6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
  7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
  8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
  9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

Guides and next steps

Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.

Listing last updated by the brokerage Dec 17, 2024, 6:05 PM UTC. Waterfront Homes last received MyStateMLS data Oct 30, 2026, 6:32 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.