398 NE 5th St # 2418, Miami FL 33132

ActiveMLS# A11972846
The Elser · 61 units for sale in this building
398 NE 5th St # 2418, Miami FL 33132
1 / 34
For sale
$1,600,000 USD
3 bd · 3 ba · 1,135 ft²
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Property details

3Beds
3Baths
1,135 ft²Living area
2022Year built
49Stories
Stock CooperativeType
$1,307/moHOA
$22,186Annual tax
92Days on market
Ocean View, Other ViewView

Description

Attention Investors: Short-Term Rental Approved Residence at The Elser Exceptional 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.

Features & amenities

Interior
Closet CabinetryElevatorSkylight
Exterior
OtherOpen Balcony
Appliances
DishwasherDisposalDryerElectric Water HeaterMicrowaveElectric RangeRefrigeratorWasher
Parking
Other
Heating
Central
Cooling
Central Air
Flooring
Tile

Location

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Listing data provided courtesy of the Miami Association of REALTORS® via IDX. Information is deemed reliable but not guaranteed and should be independently verified. Each property is listed by the brokerage identified on the listing.