$599,000

For sale

398 NE 5th St #2116, Miami FL 33132

0 beds1 baths362 sq ftBuilt 2022MLS# A11963081

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About this property

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

  • Waterfront
  • Water view
  • Furnished

Property details

Property type
Condo
Year built
2022
Living area
362 sq ft
Price per sq ft
$1,655
HOA fee
$557/mo
Property taxes
$9,386/yr
Floors in building
55
Building / community
Map Of Miami Dade Co. Fl.
Status
For sale
MLS #
A11963081

Listing courtesy of United Realty Group Inc.

Location

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