398 NE 5th Street Unit 2116, Miami, FL 33132

$599,000
1
BA
362
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,000
Days on Market
166
MLS#
A11963081
Full Bathrooms
1
Sq. Ft
362
Subtype
Condominium
County
Miami-Dade
Subdivision
Map Of Miami Dade Co. Fl.
Year Built
2022

Property 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.

Additional Information

Hoa
Yes
Hoa Amount
557
Pets Allowed
Pet Restrictions, Yes
Construction
Block
Cooling
Central Air
Flooring
Tile
Furnished
Furnished
Heating
Central
Restrict
NoTruck, NoTrailerParking
Security
Security System, Fire Alarm, Secured Garage/Parking, Key Card Entry, Security Guard
Taxes
$9,386
View
Bay
Amenities
Business Center, Clubhouse, Fitness Center, Maintenance Grounds, Picnic Area, Pool, Elevator(s)
Waterfront
Bayfront, None
Stories
49
Price Per Sqft
$1,654
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of United Realty Group Inc. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Gabriela Melo | Email: gmelorealtor@gmail.com