398 NE 5th St #1706, Miami, FL 33132
Local realty services provided by:Countywide Properties ERA Powered
Listed by: minerva arboleya
Office: related general realty, llc.
MLS#:A11789023
Source:SEFMLS
Price summary
- Price:$579,000
- Price per sq. ft.:$1,307
- Monthly HOA dues:$494
About this home
Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.
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Home facts
- Year built:2022
- Listing ID #:A11789023
- Updated:March 19, 2026 at 09:59 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator
- Living area:443 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2022
- Building area:443 sq. ft.
- Architectural Style:High Rise
- Construction Materials:Block
- Exterior Features:Security High Impact Doors
Finances and disclosures
- Price:$579,000
- Price per sq. ft.:$1,307
- Tax amount:$10,914 (2024)
Features and amenities
- Appliances:Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Clubhouse, Elevator, Fitness Center, Lobby Secured, Spa/Hot Tub
- Pool features:Heated, Pool
Parking
- Parking description:Attached, Covered, Garage, One Space, Valet
- Garage:Yes
- Garage spaces:1
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