13
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 442 Sq Ft
  • Area Size
398 NE 5th St # 2205, Miami FL 33132 | Miami-Dade County | A11963143
  • $699,000

Description

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

This is a one-bedroom, one-bathroom condo at The Elser, a 2022 construction building located at 398 NE 5th St #2205, Miami, FL 33132. The unit offers 442 square feet of living space and is currently priced at $699,000. It comes fully finished and furnished, with floor-to-ceiling glass and a private balcony that provides sweeping views of the city and bay. The property allows daily, weekly, and short-term rentals with no restrictions, making it an attractive option for investors looking to capitalize on Miami’s strong short-term rental market. The Elser offers resort-style amenities including a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, a café, and 24-hour concierge services. The building is designed for ease of ownership, with HOA fees of $680, and offers a professionally managed onsite rental program for owners who wish to participate. Located in a walkable area, the unit is just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline, and major transit options. The property is part of the Miami area, within Miami-Dade County.

Frequently Asked Questions

How many bedrooms and bathrooms does The Elser unit have?

The Elser unit for sale has 1 bedroom and 1 full bathroom.

What is the square footage of the living area?

The living area of The Elser unit is 442 square feet.

Is there a limit on how I can rent the unit?

There are no rental restrictions. The unit allows daily, weekly, and short-term rentals, making it ideal for investors.

What kind of amenities does The Elser offer?

The Elser offers resort-style amenities, including a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and 24/7 concierge services.

How much is the monthly HOA fee?

The monthly HOA fee for The Elser is $680.

What is the price for this 1-bedroom unit at The Elser?

The listed price for this 1-bedroom unit at The Elser is $699,000.

Monthly Fees & Carrying Costs

Association Fee $680 / month
Total Monthly Fees $680 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)
  • Address: 5th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: MAP OF MIAMI DADE CO. FL.

Details

Updated on June 26, 2026 at 3:47 am
  • Property ID A11963143
  • Price $699,000
  • Property Size 442 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Garage 0
  • Year Built 2022
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type Condo
  • Building The Elser
  • Association Fee Frequency Monthly
  • Area Map Of Miami Dade Co. Fl.
  • Annual Tax 10703
  • 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, Okay To Lease 1st Year
  • Amenities Barbecue, Business Center, Clubhouse-Clubroom, Exercise Room, 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 442
  • Covered Spaces 0
  • Unit Floor 22
  • Frontage Bay
  • View Bay
  • Year Built Details Resale
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 2205
  • Inclusions None
  • Half Bathrooms 0
  • Flood Zone X
  • Patio / Porch Open Balcony
  • New Construction No
  • Garage Spaces 0
  • Style Condo 5+ Stories
  • Association Fee 680
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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