Homes for sale in Miami
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Stock Cooperative
398 NE 5th St # 2418
Miami, FL 33132
$1,600,000
- Beds
- 3
- Baths
- 3
- Sq ft
- 1,135
- Year built
- 2022
- Price per sq ft
- $1,410
Listing courtesy of Ana Osorio De Vega, EXP Realty LLC
About this home
Attention Investors: Short-Term Rental Approved Residence at The Elser
Exceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential.
This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of Biscayne Bay and the Miami skyline. Contemporary finishes include a modern kitchen with stainless steel appliances, custom cabinetry, and elegant bathrooms with frameless glass showers.
Delivered fully furnished and turnkey, the residence is ready for immediate personal use or rental income. The spacious 3-bedroom layout is especially attractive for short-term rentals and group travel, maximizing occupancy and rental potential.
Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, sauna, concierge services, and lounge areas.
Located steps from Bayfront Park, the waterfront, dining, entertainment, and major attractions, this property benefits from strong year-round tourism demand.
With daily rentals permitted according to condominium regulations, owners can maximize income. Miami will host seven FIFA World Cup matches in 2026, driving some of the highest short-term rental demand in the city.
Exceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential.
This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of Biscayne Bay and the Miami skyline. Contemporary finishes include a modern kitchen with stainless steel appliances, custom cabinetry, and elegant bathrooms with frameless glass showers.
Delivered fully furnished and turnkey, the residence is ready for immediate personal use or rental income. The spacious 3-bedroom layout is especially attractive for short-term rentals and group travel, maximizing occupancy and rental potential.
Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, sauna, concierge services, and lounge areas.
Located steps from Bayfront Park, the waterfront, dining, entertainment, and major attractions, this property benefits from strong year-round tourism demand.
With daily rentals permitted according to condominium regulations, owners can maximize income. Miami will host seven FIFA World Cup matches in 2026, driving some of the highest short-term rental demand in the city.
Details
Property
- Type
- Stock Cooperative
- 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
- Ocean View, Other View
- Flood zone
- X
Interior
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Flooring
- Tile
- Cooling
- Central Air
- Heating
- Central
- Features
- Closet Cabinetry, Elevator, Skylight
Exterior and parking
- Exterior
- Open Balcony
- Patio and porch
- Open Balcony
- Construction
- Concrete Block Construction, Brick Veneer
Community and fees
- Association fee
- $1,307 monthly
- Amenities
- Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
- Maintenance includes
- All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Insurance, Parking, Pool Service, Recreation Facilities, Sewer, Trash Removal, Water
- Security
- Smoke Detector, No Security
- Pets
- No
- Annual taxes
- $22,186
- Terms
- All Cash, Conventional, FHA, VA Loan
- Minimum lease (days)
- 365
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.