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398 NE 5th St Unit 2717, Miami, Florida 33132

Active For Sale
$1,499,000
  • Beds 3
  • Baths 3
  • Sq Ft 1,043 Sqft
  • Visits: 3 in 3 days

Description

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!

Features

  • Swimming Pool: Heated, Association
  • Heating System: Central, Other
  • Cooling System: Other
  • Pet Policy: Yes, Conditional
  • Security: Other, Lobby Secured
  • Patio: Balcony, Open
  • Parking: One Space

Appliances

  • Appliances: Other

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: MAP OF MIAMI DADE CO. FL.
  • Zipcode: 33132
  • Street: 5th St
  • Street Number: 398
  • Floor Number: 0
  • Longitude: W81° 48' 23''
  • Latitude: N25° 46' 27''
  • UnitNumber: 2717
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: Other, High Rise
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Other, Business Center, Barbecue, Picnic Area, Spa/Hot Tub, Bike Storage, Beach Rights
  • Association Fee: $1,220
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Other
  • Close Price: $0
  • Exterior Features: Balcony
  • Flooring: Ceramic Tile
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Other, Bar
  • Listing Terms: Conventional
  • New Taxes Expense: $0
  • Stories Total: 55
  • Tax Annual Amount: $21,280
  • Tax Year: 2025
  • Water Front Features: Bayfront

Location

Listing Updated: 2026-01-12 20:23:55

  • Parent : 398:NE:5th St:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11943473
  • Price : $1,499,000
  • View : Bay, Intercoastal, Ocean
  • Bedrooms : 3
  • Bathrooms : 3
  • Full Bathrooms : 3
  • Half Bathrooms : 0
  • Square Footage : 1,043 Sqft
  • Year Built : 2024
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 2
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