Hotel/Motel

398 NE 5th St # 2112

Miami, FL 33132

$709,000

Baths: 1
Sq ft: 341
Year built: 2022
Price per sq ft: $2,079

Listing courtesy of Mirtha Garcia, Damar Florida Real Estate

About this home

Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don’t miss out on this premier property in Miami’s luxury market.

Details

Property

Type: Hotel/Motel
Style: High Rise
Building: Condo-Hotel
Year built: 2022
Stories: 49
Building name: THE ELSER
Subdivision: MAP OF MIAMI DADE CO. FL.
County: Miami-Dade County
View: Bay
Flood zone: X

Interior

Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring: Ceramic Floor
Cooling: Central Air, Electric
Heating: Central, Electric
Features: Lobby, First Floor Entry

Exterior and parking

Exterior: Barbeque, Open Balcony
Patio and porch: Open Balcony
Parking: 1 Space, Valet
Garage spaces: 1
Construction: CBS Construction

Community and fees

Association fee: $445 monthly
Amenities: Bar, Elevator(s), Exercise Room, Heated Pool, Pool
Maintenance includes: All Amenities, Common Area, Elevator, Pool Service
Security: Smoke Detector, Elevator Secure, Fire Alarm, Lobby Secured
Pets: No
Annual taxes: $9,820
Terms: All Cash, Conventional
Minimum lease (days): 1

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 9, 2026.