398 NE 5th St # 2116, Miami FL 33132

ActiveMLS# A11963081
The Elser · 61 units for sale in this building
398 NE 5th St # 2116, Miami FL 33132
1 / 11
For sale
$599,000 USD
0 bd · 1 ba · 362 ft²
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Property details

0Beds
1Baths
362 ft²Living area
2022Year built
49Stories
CondominiumType
$557/moHOA
$9,386Annual tax
130Days on market
YesWaterfront
BayView

Description

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.

Features & amenities

Interior
Built-in FeaturesCloset CabinetryVaulted Ceiling(s)Walk-In Closet(s)
Exterior
Open Balcony
Appliances
DishwasherDisposalDryerMicrowaveElectric RangeRefrigeratorWasher
Parking
ValetNo Rv/BoatsNo Trucks/Trailers
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.