398 NE 5th St # 2116, Miami FL 33132 | Miami-Dade County | A11963081
- $599,000
- Condominium
- 0
- 1
- 0
- 362 Sq Ft
- $599,000
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.
Property Overview
Frequently Asked Questions
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Monthly Fees & Carrying Costs
| Association Fee | $557 / month |
| Total Monthly Fees | $557 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
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This listing is courtesy of United Realty Group Inc.
Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Address
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Address: 5th St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33132
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Area: MAP OF MIAMI DADE CO. FL.
Details
Updated on October 8, 2026 at 6:48 pm-
Property ID A11963081
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Price $599,000
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Property Size 362 Sq Ft
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Bedroom 0
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Room 0
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Bathroom 1
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Garage 0
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Year Built 2022
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Type Condominium
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Property Status Active, Residential
Additional details
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View Bay
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Cooling Central Air
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Heating Central
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Tax Year 2025
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Flooring Tile
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Unit Floor 21
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Inclusions None
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Unit Number 2116
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Building The Elser
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Frontage Bay
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Garage Spaces 0
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Listing Terms All Cash, Conventional
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Area Map Of Miami Dade Co. Fl.
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Total Stories 49
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Waterfront Yes
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Association Yes
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Full Bathrooms 1
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Half Bathrooms 0
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Covered Spaces 0
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Style Condo 5+ Stories
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Private Pool No
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Structure Type Condo 5+ Stories, Condo
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Association Fee 557
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Parking Valet, No Rv/Boats, No Trucks/Trailers
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Subdivision MAP OF MIAMI DADE CO. FL.
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Annual Tax 9386
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Year Built Details Resale
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Building Area 362
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Lot Size (Sq Ft) 0
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Flood Zone X
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New Construction No
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Attached Yes
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Bedroom Features Entry Level, Studio
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Amenities Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool
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Restrictions Daily Rentals Allowed, Ok To Lease
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Construction Concrete Block Construction, CBS Construction
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Pets Allowed Yes
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Patio / Porch Open Balcony
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Association Fee Frequency Monthly
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Association Type Condo
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Membership Purchase Required No
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