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$1,600,000
35 Days On Site

398 NE 5th St 2418
Miami, FL 33132

For Sale|Stock Cooperative|Active
3
Beds
3
Total Baths
3
Full Baths
1,135
SqFt
$1,410
/SqFt
2022
Built
Subdivision:
MAP OF MIAMI DADE CO. FL.
County:
Miami-Dade

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

398 NE 5th St 2418398 NE 5th St 2418398 NE 5th St 2418398 NE 5th St 2418
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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.

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Listing Snapshot
Price 
$1,600,000
Days On Site 
35 Days
Bedrooms 
3
Inside Area (SqFt) 
1,135 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2022
MLS® Number 
A11972846
Status 
Active
Property Tax 
$22,186
HOA/Condo/Coop Fees 
$1,307 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Building Features 
ExteriorLighting
Number Of Stories 
49
Parking 
Other
Pets 
No
Property Sub Type 
Stock Cooperative
Security 
Smoke Detector(s)
SqFt Total 
1135
Style 
Other
Interior Features
Appliances 
DryerDishwasherElectric RangeElectric Water HeaterDisposalMicrowaveRefrigeratorWasher
Cooling 
Central Air
Flooring 
Tile
Heating 
Central
Interior 
ElevatorOtherBar
Window Features 
Skylight(s)
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Exterior Features
Construction Details 
Brick VeneerBlock
Exterior 
BalconyOther
Pool Features 
Association
View 
OceanOther
Waterview 
OceanOther
Windows/Doors 
Skylight(s)
Community Features
Association Amenities 
Beach RightsFitness CenterPoolSaunaSpa/Hot TubElevator(s)Parking
Association Dues 
1307
Building Access 
24
Financing Terms Available 
CashConventionalFHAVA Loan
HOA Fee Frequency 
Monthly
MLS Area 
41
Listing courtesy of EXP Realty LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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