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Miami Real Estate

ResidentialStockCooperative398 NE 5th St 2418

Basics

  • Category:
  • Type:
  • Status:
  • Bedrooms: 3
  • Bathrooms: 3
  • Half baths: 0
  • Total rooms: 0
  • Floors: 49
  • Area: 1135 sq ft
  • Year built: 2022
  • View: Ocean,Other
  • Subdivision Name: MAP OF MIAMI DADE CO. FL.
  • County: Miami-Dade
  • MLS ID: A11972846

Description

  • Description:

    398 NE 5TH STREET CONDO UNIT 2418 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520 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.

    Show all description

Building Details

  • Architectural Style: Other
  • Construction Materials: BrickVeneer,Block
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Floor covering:

Amenities & Features

  • Pool Features: Association
  • Parking Features: Other
  • Security Features: SmokeDetectors
  • Patio & Porch Features: Balcony,Open
  • Association Amenities: BeachRights,FitnessCenter,Pool,Sauna,SpaHotTub,Elevators
  • Window Features: Skylights
  • Cooling: CentralAir
  • Exterior Features: Balcony,SecurityHighImpactDoors,Other
  • Heating: Central
  • Interior Features: ClosetCabinetry,Elevator,Other,Skylights,Bar
  • Appliances: Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Disposal,Microwave,Refrigerator,Washer
  • Features:

Expenses, Fees & Taxes

  • Association Fee: $1,307
  • Tax Annual Amount: $22,186
  • Tax Year: 2025

Miscellaneous

  • Association Fee Frequency: Monthly
  • List Office Name: EXP Realty LLC
  • Listing Terms: Cash,Conventional,FHA,VaLoan

This property located in FL, Miami, is a Miami Real Estate listing and is available on Miami Real Estate. This property is listed at $1,600,000, has 3 beds bedrooms and 3 baths bathrooms. This property was built in 2022.

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