398 NE 5th Street, Miami, FL 33132
  • $539,000
  • $650,000

Description

NEW PRICE — Turnkey investment opportunity at The Elser with documented rental history and immediate participation in the building’s established hotel rental program. Unit 2007 is a fully furnished 442 SF hotel unit offering Kaseya Center skyline and partial Biscayne Bay views, a king-size bed, sofa bed, full kitchen, in-unit washer/dryer and secure keyless entry. Unlike purchasing new construction and waiting for completion, this is a completed 2022 property with an operating rental program and actual rental history available for buyer review. The unit is currently enrolled in The Elser’s professionally managed short-term rental program, offering flexible daily, weekly and long-term rentals together with personal-use flexibility. Amenities include a wraparound pool deck, bar and restaurant, two-story fitness center, 24/7 concierge, valet parking and Beach Club access. Ideally located in Downtown Miami near Kaseya Center, Bayside Marketplace, Brightline and Biscayne Bay.

  • Address: 398 NE 5th Street
  • City: Miami
  • State/County: FL
  • Zip/Postal Code: 33132

Details

Updated on September 23, 2026 at 12:14 pm
  • MLS # A12055966
  • Price $539,000
  • Property Size 442 sqft
  • Bathroom 1
  • Garage 1.0
  • Garage Size x x
  • Year Built 2022
  • Property Status Active
  • Office Name EXP Realty LLC
  • Agent Name Alvaro Andres Del Busto

Additional Details

  • Listing Terms Cash, Conventional
  • Association Fee 600.0
  • Cooling Central Air
  • Heating Central
  • County Miami-Dade
  • Property Type Residential
  • Pool Association, Heated
  • Parking Valet
  • Elementary School Frederick Douglass
  • Middle School Jose De Diego
  • High School Booker T. Washington

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