398 NE 5th St #2116
Miami, FL 33132
0
Bed
1
Bath
362Acres
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
BuiltInFeatures, BedroomOnMainLevel, ClosetCabinetry, VaultedCeilings, WalkInClosets, BarAppliances: Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, WasherWindow Features: ImpactGlass -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir Water front: 1
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Building Information
Year Built: 2022Building Area Total: 362Construction Materials: BlockPatio And Porch Features: Balcony, OpenPool Features: AssociationPrivate Pool: NoWater front Features: BayfrontView: BayAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony, SecurityHighImpactDoors
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Listing Price Information
Listing Price: $599000Cash, Conventional
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Tax Information
Parcel Number: 01-41-37-078-5180 Tax Year: 2025 Annual Tax: $9386 Tax Legal Desc: 398 NE 5TH STREET CONDO UNIT 2116 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
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Virtual Tour
Parking Information
ValetGarage Information
Pets Allowed: Conditional, YesHomeowners Association Information
Included Fees: Amenities, CommonAreas, Insurance, MaintenanceGrounds, MaintenanceStructure, Pools, Sewer, Security, TrashHOA: $557.00Association Amenities: BusinessCenter, Clubhouse, FitnessCenter, Barbecue, PicnicArea, Pool, Elevators
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Location Information
Security Features: SecuredGarageParking,KeyCardEntry,LobbySecured,SecurityGuard
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 20 NE 11 St #3112B, Miami, FL, 33132 | $500,000 | -- | 1 | 275 | 275 SqFt |
| 1750 N Bayshore Dr #3311, Miami, FL, 33132 | $330,000 | 1 | 1 | 791 | 791 SqFt |
| 488 NE 18th St #1205, Miami, FL, 33132 | $524,999 | 1 | 2 | 710 | 710 SqFt |
| 275 NE 18th St #1606, Miami, FL, 33132 | $380,000 | 1 | 1 | 749 | 749 SqFt |
| 1750 N Bayshore Dr #5614, Miami, FL, 33132 | $675,000 | 2 | 2 | 1,048 | 1,048 SqFt |
| 1900 N Bayshore Dr #3216, Miami, FL, 33132 | $495,000 | 1 | 2 | 867 | 867 SqFt |
| 398 NE 5th St #1407, Miami, FL, 33132 | $795,000 | 1 | 1 | 442 | 442 SqFt |
| 398 NE 5th St #4701, Miami, FL, 33132 | $1,650,000 | 3 | 3 | 1,150 | 1,150 SqFt |
| 488 NE 18th St #4005, Miami, FL, 33132 | $550,000 | 1 | 2 | 743 | 743 SqFt |
| 1900 N Bayshore Dr #2204, Miami, FL, 33132 | $699,000 | 2 | 2 | 1,239 | 1,239 SqFt |
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ByOwner last updated this listing 06/06/2026 @ 02:02
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