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

Miami
Local realty services provided by:Countywide Properties ERA Powered
398 NE 5th St #2116,Miami, FL 33132
$599,000
Virtual Tour
  • - Beds
  • 1 Baths
  • 362 sq. ft.
  • Condominium
  • Active
Listed by: gabriela melo, isabela ribeiro sabio de melo
Office: united realty group inc954-450-2000
MLS#:A11963081
Source:SEFMLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$1,654.7
  • Monthly HOA dues:$557

About this home

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.

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Home facts

  • Year built:2022
  • Listing ID #:A11963081
  • Updated:May 10, 2026 at 09:54 AM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Tile
  • Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Bedroom Description:Walk-In Closets
  • Living area:362 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2022
  • Building area:362 sq. ft.
  • Architectural Style:High Rise
  • Construction Materials:Block
  • Exterior Features:Balcony, Open, Security High Impact Doors

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$1,654.7
  • Tax amount:$9,386 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Balcony, Bar, Barbecue, Business Center, Closet Cabinetry, Clubhouse, Elevators, Fitness Center, Impact Glass Windows, Key Card Entry, Lobby Secured, Picnic Area, Security Guard, Vaulted Ceilings
  • Pool features:Association, Pool

Parking

  • Parking description:Valet
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