Skip To Content

398 NE 5th St , #2116

Miami, FL 33132
  • $599,000
  • STATUS: Active
  • ON SITE: 178 Days
  • MLS #: A11963081
UPDATED: 23 min ago
$599,000
  • 0
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 362
    SQFT
  • $1,655
    $/SQFT
Type:
Condo
Built:
2022
County:

School Ratings & Info

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.

Monthly Payment Calculator



Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-08-11T10:51:44.387.
www.miami1.com/homes/173020119
Print Image

398 NE 5th St , #2116 Miami, FL 33132

  • Price: $599,000
  • Status: Active
  • On Site: 178 Days
  • Updated: 23 min ago
  • MLS #: A11963081
0
Beds
1
Baths
0
½ Baths
N/A
Acres
362
SQFT
$1,655
$/SQFT
2022
Built
Neighborhood:
Map Of Miami Dade Co. Fl.
County:
Miami-Dade
Area:
Map Of Miami Dade Co. Fl.
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.
Exterior Features

Architectural Style High Rise Carport Spaces 0 Construction Materials Concrete Block ConstructionCBS Construction Covered Spaces 0 Exterior Features Open Balcony Frontage Type Bay Garage YN No Inclusions None Parking Features ValetNo Rv/BoatsNo Trucks/Trailers Patio And Porch Features Open Balcony Pool Private YN No Property Attached YN Yes View Bay View YN Yes Waterfront YN Yes

Interior Features

Adjusted Square Footage 362 Appliances DishwasherDisposalDryerMicrowaveElectric RangeRefrigeratorWasher Building Area Total 362 Cooling Central Air Entry Level 21 Flooring Tile Furnished Furnished Heating Central Heating YN Yes Interior Features Built-in FeaturesCloset CabinetryVaulted Ceiling(s)Walk-In Closet(s) Room Bedroom Features Entry LevelStudio Window Features High Impact Windows

Property Features

Association Amenities BarBarbecueBusiness CenterClubhouse-ClubroomElevator(s)Exercise RoomExterior LightingPool Association Fee 557 Association Fee Frequency Monthly Association YN Yes Building Name The Elser Cooling YN Yes Horse YN No Listing Terms All CashConventional Maintenance Includes All AmenitiesBuilding ExteriorCommon AreaElevatorInsuranceLandscaping/Lawn MaintenancePool ServiceSecuritySewerTrash Removal Membership Purch Rqd YN No New Construction YN No Pets Allowed Restrictions Or Possible Restrictions Property Sub Type Condominium Public Survey Section 37 Restrictions Daily Rentals AllowedOk To Lease Security Features Fire AlarmCard EntrySecured Garage/ParkingGuard At SiteLobby Secured Structure Type Condo 5+ StoriesCondo Tax Annual Amount 9386 Tax Year 2025 Type Of Association Condo Year Built Details Resale

Listing courtesy of United Realty Group Inc: .


Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-08-11T10:51:44.387.
 
https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11963081-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11963081-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11963081-2.jpg
Logo
The Bill and Bryan Team | Douglas Elliman Real Estate
1111 Lincoln Rd Suite 805
Miami Beach FL, 33139