398 NE 5th Street, Miami, FL 33132
- $599,000
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.
Address
Open on Google Maps- Address: 398 NE 5th Street
- City: Miami
- State/County: FL
- Zip/Postal Code: 33132
Details
Updated on July 7, 2026 at 12:14 am- MLS # A11963081
- Price $599,000
- Property Size 362 sqft
- Bathroom 1
- Garage Size x x
- Year Built 2022
- Property Status Active
- Office Name United Realty Group Inc
- Agent Name Gabriela Melo
Additional Details
- Listing Terms Cash, Conventional
- Association Fee 557.0
- Cooling Central Air
- Heating Central
- Flooring Tile
- County Miami-Dade
- Property Type Residential
- Pool Association
- Parking Valet
- Elementary School Frederick Douglass
- Middle School Jose De Diego
- High School Booker T. Washington
- Waterfront Bayfront, None
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