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398 NE 5th St Unit 2116, Miami, Florida 33132

Active For Sale
$599,000
  • Beds 0
  • Baths 1
  • Sq Ft 362 Sqft
  • Visits: 1 in 1 days

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. rnTurnkey, 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. rnResort-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. rnA rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.

Features

  • Swimming Pool: Association
  • Heating System: Central
  • Cooling System: Central Air
  • Pet Policy: Yes, Conditional
  • Security: Security Guard, Lobby Secured, Key Card Entry, Secured Garage/parking
  • Patio: Balcony, Open
  • Parking: Valet
  • Furnished: Furnished

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Disposal

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' 38.7''
  • Latitude: N25° 46' 43.7''
  • UnitNumber: 2116
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Architectural Style: High Rise
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Business Center, Barbecue, Picnic Area
  • Association Fee: $557
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities, Maintenance Structure, Common Areas, Pool(s), Sewer, Security, Maintenance Grounds, Trash, Insurance
  • Building Features: Exterior Lighting
  • Close Price: $0
  • Exterior Features: Balcony, Security/High Impact Doors
  • Flooring: Tile
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Closet Cabinetry, Walk-In Closet(s), Built-in Features, Vaulted Ceiling(s), Bar
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Stories Total: 49
  • Tax Annual Amount: $9,386
  • Tax Year: 2025
  • Water Front Features: Bayfront
  • Window Features: Impact Glass

Location

Listing Updated: 2026-02-13 14:15:48

  • Parent : 398:NE:5th St:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11963081
  • Price : $599,000
  • View : Bay
  • Bedrooms : 0
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 362 Sqft
  • Year Built : 2022
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 0
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