Description

Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one.
Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services.

Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.

Address

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Address: 5th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33132
Area: MAP OF MIAMI DADE CO. FL.

Details

Updated on February 22, 2026 at 3:56 am

Property ID A11968390
Price $625,000
Property Size 357 Square Feet
Bedroom 0
Bathroom 1
Garage 1
Year Built 2022
Type Condominium
Property Status Residential

Additional details

AccessibilityFeatures Accessible Elevator Installed
ArchitecturalStyle Corner Unit, High Rise
AssociationAmenities Child Play Area, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Pool, Spa/Hot Tub
AssociationFee 1647
AssociationFeeFrequency Quarterly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaTotal 357
BuildingAreaUnits Square Feet
BuildingName THE ELSER
ConstructionMaterials Concrete Block Construction, CBS Construction
ContractStatusChangeDate 2026-02-19
Cooling Central Air
CoveredSpaces 1
DaysOnMarket 2
DoorFeatures High Impact Doors
EntryLevel 43
ExpirationDate 2027-02-19
FrontageType Bay
Heating Central
Inclusions Other
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-812-0770
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Map Of Miami Dade Co. Fl.
MajorChangeTimestamp February 20, 2026 at 11:12pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp February 21, 2026 at 05:07am
OnMarketDate 2026-02-19
OriginalEntryTimestamp February 20, 2026 at 11:12pm
OriginalListPrice 625000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherEquipment Elevator
OtherExpense 0
ParcelNumber 01-41-37-078-4380
ParkingFeatures 1 Space, Covered, Valet, No Trucks/Trailers
PatioAndPorchFeatures Open Balcony
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp February 20, 2026 at 11:13pm
PhotosCount 22
PostalCodePlus4 2174
PriceChangeTimestamp February 19, 2026 at 03:16pm
PropertyCondition New Construction
PublicSurveyRange 41
PublicSurveySection 37
PublicSurveyTownship 41
RoomsTotal 0
SecurityFeatures Fire Sprinklers, Smoke Detector, Card Entry, Fire Alarm, Lobby Secured
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent
SourceSystemKey 427044530
StateOrProvince FL
StatusChangeTimestamp February 20, 2026 at 11:12pm
StoriesTotal 49
StreetDirPrefix NE
StreetName 5th St
StreetNumber 398
StreetNumberNumeric 398
StructureType Condo 5+ Stories, Condo
SyndicationRemarks Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one. Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services. Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.
TaxAnnualAmount 10456
TaxLegalDescription 398 NE 5TH STREET CONDO UNIT 4313 UNDIV 0.0904% INT IN COMMON ELEMENTS OFF REC 33416-1520
TaxYear 2025
UnitNumber 4313
View Bay, Ocean View, Skyline, Water View
WindowFeatures Clear Impact Glass
YearBuiltDetails Resale