398 NE 5th St 2007, Miami, FL 33132

Bath
1
Sqft
442
Garage
Yes

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byEXP Realty, LLC
  • 0
  • 0

Overview

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.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of stories
49
Number of bathrooms
1
Square feet
442
Year built
2022

Interior features

Laundry
In Unit Washer/Dryer

Exterior features

Water view
Yes

Garage and parking

Garage parking spaces
1

Utilities

Heating
Central
Cooling
Central Air

Estimated monthly costs

HOA Fees
$600

Taxes

Tax Annual Amount (2025)
$9,430

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MIAMI REALTORS MLS MLS®#: A12055966 Last checked:

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.