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

Active For Sale
$599,000
  • Beds 0
  • Baths 1
  • Sq Ft 362 Sqft
  • Visits: 3 in 153 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. 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.

Features

  • Swimming Pool: Association
  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Balcony, Open
  • Parking: Valet

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
  • Street Number: 398
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 48' 38.5''
  • Latitude: N25° 46' 44''
  • UnitNumber: 2116
  • Street Dir Prefix: NE
  • MLS Area: 2410

MLS Addon

  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Business Center, Picnic Area, Maintenance Grounds
  • Association Fee: $557
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Common Areas, Pool(s), Sewer, Security, Maintenance Grounds, Trash, Insurance
  • Close Price: $0
  • Exterior Features: Balcony, Lighting, Outdoor Living Area
  • Flooring: Tile
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Closet Cabinetry, Walk-In Closet(s), Built-in Features, Vaulted Ceiling(s), Bar
  • New Taxes Expense: $0
  • Stories Total: 49
  • Tax Annual Amount: $9,386

Location

Listing Updated: 2026-07-10 02:56:15

  • Parent : 398:NE:5TH:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11963081
  • Price : $599,000
  • View : Intercoastal, Ocean, Water
  • 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 : 152
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