FL Real Estate & Homes • (561) 835-5400Mortgage Title List & Sell for 1% Get Home Value
$1,600,000122 days on marketActive

398 NE 5th Street 2418, Miami, FL 33132

Miami, FL 33132
3
Beds
3
Baths
1,135
Sq Ft
$1,410
$/Sq Ft
2022
Year Built

Listing Snapshot

List Price$1,600,000
Price / Sq Ft$1,410
Beds3
Baths3
Living Area1,135 sqft
Year Built2022
Property Tax$22,186/yr
HOA / Condo Fee$1,307 / monthly
MLS #1154525794
StatusActive
Days on Market122

About This Home

Attention Investors: Short-Term Rental Approved Residence at The ElserExceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential.This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of Biscayne Bay and the Miami skyline. Contemporary finishes include a modern kitchen with stainless steel appliances, custom cabinetry, and elegant bathrooms with frameless glass showers.Delivered fully furnished and turnkey, the residence is ready for immediate personal use or rental income. The spacious 3-bedroom layout is especially attractive for short-term rentals and group travel, maximizing occupancy and rental potential.Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, sauna, concierge services, and lounge areas.Located steps from Bayfront Park, the waterfront, dining, entertainment, and major attractions, this property benefits from strong year-round tourism demand.With daily rentals permitted according to condominium regulations, owners can maximize income. Miami will host seven FIFA World Cup matches in 2026, driving some of the highest short-term rental demand in the city.

General Features

Property Type
Residential
Sub-type
StockCooperative
Style
Other
Stories
49
Security
None,SmokeDetectors
Subdivision
MAP OF MIAMI DADE CO. FL.

Interior Features

Appliances
Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Disposal,Microwave,Refrigerator,Washer
Flooring
Tile
Heating
Central
Cooling
CentralAir
Interior Features
ClosetCabinetry,Elevator,Other,Bar
Window Features
Skylights

Exterior Features

Construction
BrickVeneer,Block
Exterior Features
Balcony,Lighting,OutdoorLivingArea,Other
Patio / Porch
Open,Balcony
Pool Features
Association
View
Ocean,Other
Waterfront
No

Community Features

Association Amenities
BeachRights,FitnessCenter,MaintenanceGrounds,Pool,Parking,Sauna,SpaHotTub,Elevators
Association Dues
$1,307 / monthly
MLS Area
2410

Schools

ElementaryFrederick Douglass
MiddleJose De Diego
HighBooker T. Washington

Map

Virtual Tour

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Listed by Ana Osorio De Vega PA · EXP Realty LLC
MLS# 1154525794 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

Interested in this home?

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Estimate Your Payment

$

20% down · Loan: $1,280,000

%
Est. Monthly$11,888
Principal & Interest$8,732
Property Tax$1,849
HOA$1,307

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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