398 NE 5th St #2717, Miami, FL 33132

Miami
Local realty services provided by:First Service Realty ERA Powered
398 NE 5th St #2717,Miami, FL 33132
$1,499,000
Virtual Tour
  • 3 Beds
  • 3 Baths
  • 1,043 sq. ft.
  • Condominium
  • Active
Listed by: piero ruggeri
Office: cosmore florida corp.786-536-2344
MLS#:A11943473
Source:SEFMLS

Price summary

  • Price:$1,499,000
  • Price per sq. ft.:$1,437.2
  • Monthly HOA dues:$1,220

About this home

Discover Unit 2717 at The Elser Hotel & Residences, a spacious and highly versatile 2-Bedroom + large Den residence legally configured and recognized as a true 3-Bedroom unit. With 3 full bathrooms and the ability to comfortably accommodate up to 8 guests per night, the generously sized den can be easily divided. Delivered in pristine, like-new condition and sold fully furnished with all necessary equipment. Currently enrolled in the building's hotel management program, this residence delivers excellent occupancy rates and strong returns. Detailed performance statements and revenue history available upon request. A rare turnkey investment opportunity in the heart of Downtown Miami with no rental restrictions!

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Home facts

  • Year built:2024
  • Listing ID #:A11943473
  • Updated:May 10, 2026 at 09:54 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Ceramic Tile
  • Living area:1,043 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:2024
  • Building area:1,043 sq. ft.
  • Architectural Style:High Rise
  • Construction Materials:Block
  • Exterior Features:Balcony, Open

Finances and disclosures

  • Price:$1,499,000
  • Price per sq. ft.:$1,437.2
  • Tax amount:$21,280 (2025)

Features and amenities

  • Amenities:Balcony, Bar, Barbecue, Beach Rights, Bike Storage, Business Center, Clubhouse, Elevators, Fitness Center, Lobby Secured, Picnic Area, Spa/Hot Tub
  • Pool features:Association, Heated, Pool

Parking

  • Parking description:One Space
  • Garage:Yes
  • Garage spaces:1
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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