398 NE 5th St # 2805, Miami FL 33132 | Miami-Dade County | A12103466
- $699,000
- 1
- 1
- 442 Sq Ft
- $699,000
Description
TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.
Property Overview
Frequently Asked Questions
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Monthly Fees & Carrying Costs
| Association Fee | $680 / month |
| Total Monthly Fees | $680 / month |
- Membership Required: Yes
- Application Fee: $150 (one-time)
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This listing is courtesy of Cays LLC.
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
Open on Google Maps-
Address: 5th St
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City: Miami
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Zip/Postal Code: 33132
Details
Updated on October 8, 2026 at 9:48 pm-
Property ID A12103466
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Price $699,000
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Property Size 442 Sq Ft
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Bedroom 1
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Room 0
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Bathroom 1
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Year Built 2022
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Property Status Active, Residential
Additional details
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View Intracoastal View, Other View, Skyline, Water View
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Cooling Other
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Heating Electric, Other
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Tax Year 2025
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Flooring Ceramic Floor
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Unit Floor 28
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Inclusions Other
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Unit Number 2805
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Building The ELSER Residances
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Frontage Bay
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Garage Spaces 1
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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 1
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Style Condo-Hotel
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Private Pool No
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Structure Type Condo-Hotel, Condo
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Association Fee 680
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Parking 1 Space
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Subdivision MAP OF MIAMI DADE CO. FL.
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Annual Tax 10703
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Year Built Details Effective Year Built
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Building Area 442
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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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Waterfront Features Intracoastal Front
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Bedroom Features Other
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Amenities Bar, Business Center, Cabana, Elevator(s), Exercise Room, Spa/Hot Tub
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Restrictions Other Restrictions, See Broker Remarks
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Pets Allowed Yes
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Association Fee Frequency Monthly
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Association Type Condo
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Maintenance Includes All Amenities, Cable Tv, Elevator
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Membership Purchase Required Yes
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