$579,00014 days on marketActive

398 NE 5th Street 2007, Miami, FL 33132

Miami, FL 33132

Baths

442

Sq Ft

$1,310

$/Sq Ft

2022

Year Built

1 car

Garage

Listing Snapshot

List Price	$579,000
Price / Sq Ft	$1,310
Beds	0
Baths	1
Living Area	442 sqft

Year Built	2022
Property Tax	$9,430/yr
HOA / Condo Fee	$600 / monthly
MLS #	1177601797
Status	Active
Days on Market	14

About This Home

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007Fully furnished, turnkey studio residence at The Elser, ideally positioned with sweeping views of the Kaseya Center skyline and partial Biscayne Bay water views. This designer-finished unit features a king-size bed, sofa bed, full kitchen, in-unit washer/dryer, and secure keyless entry — ready to generate income from day one.Enrolled in The Elser's professionally managed short-term rental program with a proven, documented income history, this is a rare opportunity to own real, verified cash flow rather than a projection. Investor-friendly building with flexible daily, weekly, and long-term rental permissions.Residents and guests enjoy resort-caliber amenities including a wraparound rooftop pool with bar and restaurant, two-story fitness center, 24/7 concierge, valet parking, and Beach Club access.Unbeatable Downtown Miami location steps from Kaseya Center, Bayside Marketplace, the Brightline station, and Biscayne Bay, bringing global demand to Downtown Miami's short-term rental market.Whether for personal use, a pied-à-terre, or a high-performing investment asset, Unit 2007 offers a rare blend of location, view, and income potential in one of Miami's most in-demand condo-hotel addresses.

General Features

Property Type: Residential
Sub-type: Condominium
Stories: 49
Garage Spaces: 1
Parking: Valet
Security: SecuritySystem,ElevatorSecured,FireAlarm,FireSprinklerSystem,SecuredGarageParking,LobbySecured,SecurityGuard
Subdivision: MAP OF MIAMI DADE CO. FL.

Interior Features

Appliances: Dryer,Dishwasher,ElectricRange,Microwave,Washer
Heating: Central
Cooling: CentralAir
Interior Features: BuiltInFeatures,BedroomOnMainLevel,ClosetCabinetry,LivingDiningRoom,Bar
Window Features: Blinds,InsulatedWindows

Exterior Features

Construction: Block
Exterior Features: Balcony,OutdoorLivingArea
Patio / Porch: Open,Balcony
Pool Features: Association,Heated
View: Bay
Waterfront: No

Community Features

Association Amenities: BeachRights,BusinessCenter,Clubhouse,FitnessCenter,MaintenanceGrounds,Management,PicnicArea,Playground,Pool,Sauna,SpaHotTub,Elevators
Association Dues: $600 / monthly
MLS Area: 2420