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398 5th St 2007, Miami, FL 33132
Offering:
For Sale
Location:
Miami, FL 33132
Subdivision:
MAP OF MIAMI DADE CO. FL.
Status:
Active
$579,000
Details
Year built:
2022
Garage:
1
Parking:
1 covered
Style:
High Rise
Days on market:
14
Association fee:
$600 / Monthly
Annual tax (2025):
$9,430
Type:
Condominium
MLS ID
A12055966
Virtual tour:
Listed by:
EXP Realty LLC (EXPP01)
Listing office phone:
Listing office email:
Listing agent:
Alvaro Del Busto (3352528)
Features
Association
Amenities:
Beach Rights, Business Center, Clubhouse, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Elevators
Fee includes:
Association Management, Amenities, Common Areas, Internet, Maintenance Grounds, Maintenance Structure, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water
Pets
Allowed:
yes
Restrictions:
Conditional
Description
Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007
Fully 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.
Price history
$650,000 → $579,000
·
Reduced by
$71,000 (10.9%) · 2 price changes
Location
398 NE 5th St 2007Miami, FL 33132
MLS information
Last updated Aug 3, 2026
Deemed reliable but not guaranteed.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
