For sale
Photo 1 of 34$1,600,000
For sale398 NE 5th St #2418, Miami FL 33132
3 beds3 baths1,135 sq ftBuilt 2022MLS# A11972846
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About this property
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.
Property details
- Property type
- Condo
- Year built
- 2022
- Living area
- 1,135 sq ft
- Price per sq ft
- $1,410
- HOA fee
- $1,307/mo
- Property taxes
- $22,186/yr
- Floors in building
- 55
- Building / community
- Map Of Miami Dade Co. Fl.
- Status
- For sale
- MLS #
- A11972846
Location
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