398 NE 5th St #2116, Miami, FL 33132
398 NE 5th St #2116, Miami, FL 33132
398 NE 5th St #2116, Miami, FL 33132
398 NE 5th St #2116, Miami, FL 33132
398 NE 5th St #2116, Miami, FL 33132
398 NE 5th St #2116, Miami, FL 33132
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$ 599,000
Est. payment | /mo

1 Bath

362 SqFt


$ 599,000
Est. payment | /mo

1 Bath

362 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 362 sqft

Price per Sqft $1,654

Subdivision Map Of Miami Dade Co. Fl.

MLS Listing ID A11963081

Style High Rise

Full Baths 1

HOA Fees $557/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 2022

Annual Tax Amount $9,386

Tax Year 2025

Property Sub-Type Condominium

Property Description

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.

Location

State FL

County Miami-dade

Community Map Of Miami Dade Co. Fl.

Area 41

Interior

Interior Features Built-in Features, Bedroom on Main Level, Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s), Bar

Heating Central

Cooling Central Air

Flooring Tile

Furnishings Furnished

Window Features Impact Glass

Appliance Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Balcony, Security/High Impact Doors

Pool Association

Amenities Available Business Center, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Elevator(s)

Waterfront Description Bayfront

View Y/N Yes

View Bay

Porch Balcony, Open

Garage No

Private Pool Yes

Building

Building Description Block, Exterior Lighting

Architectural Style High Rise

Structure Type Block

Others

Pets Allowed Conditional, Yes

HOA Fee Include Amenities,Common Areas,Insurance,Maintenance Grounds,Maintenance Structure,Pool(s),Sewer,Security,Trash

Senior Community No

Restrictions Daily Rentals Allowed,No Boats,No RV,No Truck,OK To Lease

Tax ID 01-41-37-078-5180

Security Features Secured Garage/Parking,Key Card Entry,Lobby Secured,Security Guard

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Conditional, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11963081

Miami Association of Realtors (SEFMIAMI MLS)
Listed by United Realty Group Inc

Nearby Locations

Lyka Mohammed

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 982-0314

lyka.m@theabbasgroup.com

11010 SW 88th St Ste 200, Miami, FL 33176, USA

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398 NE 5th St #2116