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$650,000
New Listing

398 NE 5th St 2007
Miami, FL 33132

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
442
SqFt
$1,471
/SqFt
2022
Built
Subdivision:
MAP OF MIAMI DADE CO. FL.
County:
Miami-Dade

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398 NE 5th St 2007398 NE 5th St 2007398 NE 5th St 2007398 NE 5th St 2007
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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.

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Listing Snapshot
Price 
$650,000
Days On Site 
0 Days
Bedrooms 
1
Inside Area (SqFt) 
442 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2022
MLS® Number 
A12055966
Status 
Active
Property Tax 
$9,430
HOA/Condo/Coop Fees 
$600 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
21 hours agoListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Garage 
Yes
Garage Spaces 
1
Green Energy Efficient 
AppliancesConstructionHVACLightingThermostat
Number Of Stories 
49
Parking 
Valet
Pets 
Yes
Property Condition 
New Construction
Property Sub Type 
Condominium
Security 
Fire AlarmSecured Garage/ParkingSecurity GuardFire Sprinkler System
SqFt Total 
442
Style 
HighRise
Interior Features
Appliances 
DryerDishwasherElectric RangeMicrowaveWasher
Cooling 
Central Air
Heating 
Central
Interior 
Built-in FeaturesBarMaster Downstairs
Window Features 
Insulated WindowsBlinds
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Exterior Features
Construction Details 
Block
Exterior 
Balcony
Pool Features 
AssociationHeated
View 
Bay
Waterview 
Bay
Windows/Doors 
Insulated WindowsBlinds
Community Features
Association Amenities 
Beach RightsClubhouseFitness CenterBarbecuePicnic AreaPlaygroundPoolSaunaSpa/Hot TubElevator(s)Management
Association Dues 
600
Building Access 
20
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
32
Listing courtesy of EXP Realty LLC

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Neighborhood & Commute
Source: Walkscore
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