Price reduced
Photo 1 of 11$599,000
For sale398 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
Location
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