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Condominium
398 NE 5th St # 2116
Miami, FL 33132
$599,000
- Baths
- 1
- Sq ft
- 362
- Year built
- 2022
- Price per sq ft
- $1,655
Listing courtesy of Gabriela Melo, United Realty Group Inc
About this home
Prime investment opportunity at The Elser Hotel & Residences in the heart of Downtown Miami. Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals—ideal for investors seeking strong income potential in Miami’s high-demand short-term rental market.
Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns.
Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit.
A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.
Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns.
Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit.
A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.
Details
Property
- Type
- Condominium
- Style
- High Rise
- Building
- Condo 5+ Stories
- 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
- Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Flooring
- Tile
- Cooling
- Central Air
- Heating
- Central
- Features
- Built-in Features, Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s)
- Furnished
- Furnished
Exterior and parking
- Exterior
- Open Balcony
- Patio and porch
- Open Balcony
- Parking
- Valet, No Rv/Boats, No Trucks/Trailers
- Construction
- Concrete Block Construction, CBS Construction
Community and fees
- Association fee
- $557 monthly
- Amenities
- Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool
- Maintenance includes
- All Amenities, Building Exterior, Common Area, Elevator, Insurance, Landscaping/Lawn Maintenance, Pool Service, Security, Sewer, Trash Removal
- Security
- Fire Alarm, Card Entry, Secured Garage/Parking, Guard At Site, Lobby Secured
- Pets
- Restrictions Or Possible Restrictions
- Annual taxes
- $9,386
- 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.