$1,499,000

For sale

398 NE 5th St #1518, Miami FL 33132

3 beds3 baths1,127 sq ftBuilt 2024MLS# A12112486

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About this property

Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS—offering the flexibility of Airbnb and daily rentals.

What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations. For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management.

Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances. Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!

Features

  • Waterfront
  • Water view
  • Furnished
  • Pool
  • Garage

Property details

Property type
Condo
Year built
2024
Living area
1,127 sq ft
Price per sq ft
$1,330
HOA fee
$1,300/mo
Property taxes
$23,078/yr
Parking
1 spaces
Floors in building
49
Building / community
MAP OF MIAMI DADE CO. FL.,the Elser
Status
For sale
MLS #
A12112486

Listing courtesy of EXP Realty LLC.

Location

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