3 Hours Ago
Location
398 Ne 5th St #1504079P, Miami, FL 33132, USA|Downtown Miami
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Amenities for 398 Ne 5th St #1504079P, Downtown Miami
Features
| Air Conditioning | Balcony |
| Fully Equipped Kitchen | Furnished |
| Hanger | Kettle |
| Linen Towel | Private Entrance |
| Shampoo | Toaster |
| TV | View |
Appliances
| Coffee Machine | Dishwasher |
| Hair Dryer | In-Unit Laundry |
| Iron | Microwave |
| Oven | Refrigerator |
| Stove |
Tech
| Cable TV | WFH Bundle |
| WiFi |
Community
| Business Center | Elevator |
| Fitness Center | Residents Lounge |
| Smoke Detector |
Grounds
| Garage Parking | Jacuzzi |
| Outdoor Shared Pool | Spa |
| Swimming Pool |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 1–12 months |
|---|
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About 398 Ne 5th St #1504079P
The advertised rate of $4,508/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 1, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in this luxury Miami studio at The Elser, offering stunning bay and skyline views from the 16th floor. Inside, you’ll find a fully stocked kitchen with premium cookware and a coffee maker. A luxurious king-size bed features crisp, hotel-quality linens. Entertainment is provided by a smart TV with streaming apps. As a guest, you’ll enjoy full access to the incredible amenities at The Elser Hotel & Residences, including a heated rooftop pool with private cabanas and daybeds, a rooftop bar and lounge with sweeping views of Biscayne Bay and Downtown Miami, a two-level modern fitness center with cardio equipment, weights, and studio space, a game room with billiards and social lounge areas, and co-working spaces and private meeting rooms. Parking is available on-site for an additional fee, with rates set and managed by the building and subject to change without prior notice. Self-parking is available at $21 for 0–3 hours, $42 for 3–8 hours, and $63 for 8–24 hours, including overnight parking, and registered guests receive in-and-out privileges. Valet parking is available at $36.75 for 0–3 hours, $57.75 for 3–8 hours, and $78.75 for 8–24 hours (overnight). The valet garage is equipped for electric vehicles, with a limited number of charging stations available on a first-come, first-served basis. Dining at ViceVersa offers parking validation for $15.99 for the first 3 hours. Enjoy exclusive access to Marriott Stanton private beach club in South Beach, including two complimentary lounge chairs and an umbrella. Centrally located in Downtown Miami, this high-rise condo is steps from some of the city's best spots, including Bayside Marketplace, a lively waterfront shopping and dining hub just a 5-minute walk away, and the Kaseya Center, home of the Miami Heat, only a 7-minute walk. Wynwood Walls, an iconic outdoor museum featuring world-renowned street art, is 2 miles away, and South Beach, famous for its sandy shores and nightlife, is just a 15-minute drive. Highly rated restaurants nearby include CVI. CHE 105, ViceVersa Miami, and Pollos & Jarras. Steps to restaurants, nightlife, and shopping, ride-shares are available at all times, and the Metromover station is nearby for easy city access. Miami International Airport is a 15-minute drive. Quiet hours are from 10 pm to 8 am; please be respectful of neighbors. Parties and events are strictly prohibited, and a $500 fine may be incurred for violations, possibly resulting in cancellation of the reservation without refund. Smoking is not allowed inside the property (including vaping, hookah, cigars, or cannabis), and a $500 fine and additional cleaning fees may apply for violations. Pets are allowed with prior approval and an additional pet fee of $150 per reservation. Exterior security cameras are installed for safety, and tampering, unplugging, or obstructing cameras or Wi-Fi devices will result in a $1,000 fine and possible cancellation without refund. Check-in is at 4:00 PM, and checkout is at 10:00 AM. A short-term rental agreement must be signed before arri..
Address details
| Neighborhood | Downtown Miami |
|---|---|
| Zip code | 33132 |
| Type | Condo for rent |
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Rent trends in Downtown Miami
studio apartments at 398 Ne 5th St #1504079P cost about 80% more than the average rent price for studio apartments in Downtown Miami.
Median rents as of Mar 14 2026.
Downtown Miami
Miami
| Month | Median Rent |
|---|---|
| March 2024 | $2,149 |
| April 2024 | $2,180 |
| May 2024 | $2,093 |
| June 2024 | $2,139 |
| July 2024 | $2,100 |
| August 2024 | $2,136 |
| September 2024 | $2,175 |
| October 2024 | $2,112 |
| November 2024 | $2,253 |
| December 2024 | $2,265 |
| January 2025 | $2,125 |
| February 2025 | $2,000 |
| March 2025 | $2,033 |
| April 2025 | $2,037 |
| May 2025 | $2,126 |
| June 2025 | $2,193 |
| July 2025 | $2,158 |
| August 2025 | $2,140 |
| September 2025 | $2,121 |
| October 2025 | $2,099 |
| November 2025 | $2,104 |
| December 2025 | $2,052 |
| January 2026 | $2,013 |
| February 2026 | $2,006 |
| March 2026 | $2,054 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,650 |
| April 2024 | $2,697 |
| May 2024 | $2,708 |
| June 2024 | $2,658 |
| July 2024 | $2,641 |
| August 2024 | $2,649 |
| September 2024 | $2,720 |
| October 2024 | $2,700 |
| November 2024 | $2,725 |
| December 2024 | $2,443 |
| January 2025 | $2,378 |
| February 2025 | $2,306 |
| March 2025 | $2,380 |
| April 2025 | $2,400 |
| May 2025 | $2,437 |
| June 2025 | $2,513 |
| July 2025 | $2,540 |
| August 2025 | $2,487 |
| September 2025 | $2,450 |
| October 2025 | $2,478 |
| November 2025 | $2,500 |
| December 2025 | $2,500 |
| January 2026 | $2,505 |
| February 2026 | $2,528 |
| March 2026 | $2,513 |
Affordability calculator
Can I afford to live at 398 Ne 5th St #1504079P?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$180,320/yr
With your selected rent-to-income ratio, you'd ideally want to make $180,320 annually to afford this studio monthly rent price of $4,508.
For more information on rent affordability, visit our rent calculator.
Schools near 398 Ne 5th St #1504079P
Miami-Dade Virtual High School Franchise
1501 ne 2nd ave
miami, FL, 33132
K-12Public
B
Miccosukee Indian School
mile marker 70 tamiami trail
miami, FL, 33194
K-12Public
Frederick R. Douglass Elementary School
314 nw 12th st
miami, FL, 33136
PK, K-5Public
C
Chapman Partnership North Early Childhood Center
1550 n miami ave
miami, FL, 33136
PKPublic
United Way Center for Excellence in Early Education Demonstration School
3250 sw 3rd ave
miami, FL, 33129
PKPublic
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Internet available near 398 Ne 5th St #1504079P
Getting around Miami near 398 Ne 5th St #1504079P
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 398 Ne 5th St #1504079P, Miami
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
6/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
8/10
Several bars within a few minutes’ walk
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