398 NE 5th Street 2116, Miami, FL 33132

Listing Snapshot

About This Home

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.

General Features

Property Type

Residential

Sub-type

Condominium

Stories

49

Parking

Valet

Security

SecuritySystem,FireAlarm,SecuredGarageParking,KeyCardEntry,SecurityGuard

Subdivision

MAP OF MIAMI DADE CO. FL.

Interior Features

Appliances

Dryer,Dishwasher,ElectricRange,Disposal,Microwave,Refrigerator,Washer

Flooring

Tile

Heating

Central

Cooling

CentralAir

Interior Features

BuiltInFeatures,BedroomOnMainLevel,ClosetCabinetry,VaultedCeilings,WalkInClosets,Bar

Furnished

Furnished

Exterior Features

Construction

Block

Exterior Features

Balcony,Lighting,OutdoorLivingArea

Patio / Porch

Open,Balcony

Pool Features

Association

View

Bay

Waterfront

Yes

Waterfront Features

Bayfront,None

Community Features

Association Amenities

BusinessCenter,Clubhouse,FitnessCenter,MaintenanceGrounds,PicnicArea,Pool,Elevators

Association Dues

$557 / monthly

MLS Area

2420

Schools

Map

Virtual Tour