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
What is the unit number and address of The Elser condo?
Can this condo be rented out for short-term stays?
What kind of amenities does The Elser offer?
How many bedrooms and bathrooms does this unit have?
What is the monthly HOA fee?
What is the asking price for this unit?
Monthly Fees & Carrying Costs
| Association Fee | $557 / month |
| Total Monthly Fees | $557 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 5th St
-
City: Miami
-
State/county: Miami-Dade County
-
Zip/Postal Code: 33132
-
Area: MAP OF MIAMI DADE CO. FL.
Details
Updated on July 6, 2026 at 1:57 pm-
Property ID A11963081
-
Price $599,000
-
Property Size 362 Sq Ft
-
Bedroom 0
-
Room 0
-
Bathroom 1
-
Garage 0
-
Year Built 2022
-
Type Condominium
-
Property Status Active, Residential
Additional details
-
Flooring Tile
-
Bedroom Features Entry Level, Studio
-
Cooling Central Air
-
Association Type Condo
-
Building The Elser
-
Association Fee Frequency Monthly
-
Area Map Of Miami Dade Co. Fl.
-
Annual Tax 9386
-
Association Yes
-
Private Pool No
-
Listing Terms All Cash, Conventional
-
Waterfront Yes
-
Full Bathrooms 1
-
Subdivision MAP OF MIAMI DADE CO. FL.
-
Total Stories 49
-
Restrictions Daily Rentals Allowed, Ok To Lease
-
Amenities Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool
-
Parking Valet, No Rv/Boats, No Trucks/Trailers
-
Heating Central
-
Structure Type Condo 5+ Stories, Condo
-
Tax Year 2025
-
Construction Concrete Block Construction, CBS Construction
-
Building Area 362
-
Covered Spaces 0
-
Unit Floor 21
-
Frontage Bay
-
View Bay
-
Year Built Details Resale
-
Pets Allowed Yes
-
Attached Yes
-
Unit Number 2116
-
Inclusions None
-
Half Bathrooms 0
-
Flood Zone X
-
Patio / Porch Open Balcony
-
New Construction No
-
Garage Spaces 0
-
Style Condo 5+ Stories
-
Association Fee 557
-
Lot Size (Sq Ft) 0
-
Membership Purchase Required No
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees
