398 NE 5th Street #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, Br
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, Washer -
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: Open, BalconyPool Features: AssociationPrivate Pool: NoWater front Features: Bayfront,NoneView: BayAssociation Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony, Lighting, OutdoorLivingArea
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Listing Price Information
Listing Price: $599000Cash, Conventional
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Tax Information
Parcel Number: 0141370785180 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: PetRestrictions, YesHomeowners Association Information
Has Association: YesIncluded Fees: CommonAreas, Insurance, MaintenanceGrounds, MaintenanceStructure, Pools, Sewer, Security, TrashHOA: $557.00Association Amenities: BusinessCenter, Clubhouse, FitnessCenter, MaintenanceGrounds, PicnicArea, Pool, Elevators
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School Information
Elementary School: Frederick Douglass Junior High School: Jose De Diego Senior High School: Booker T. Washington -
Location Information
Security Features: SecuritySystem,FireAlarm,SecuredGarageParking,KeyCardEntry,SecurityGuard
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 133 NE 2nd Avenue #1408, Miami, FL, 33132 | $350,000 | 1 | 1 | 903 | 903 SqFt |
| 11 NE 6th #1210, Miami, FL, 33132 | $519,000 | 1 | 1 | 600 | 600 SqFt |
| 159 NE 6th St #2914, Miami, FL, 33132 | $500,000 | 1 | 1 | 478 | 478 SqFt |
| 244 Biscayne Blvd #3409, Miami, FL, 33132 | $635,000 | 2 | 2 | 1,363 | 1,363 SqFt |
| 11 NE 6th Street #1912, Miami, FL, 33132 | $579,000 | 1 | 1 | 630 | 630 SqFt |
| 1400 Biscayne Boulevard.., Miami, FL, 33132 | $2,750,000 | 3 | 4 | 1,953 | 1,953 SqFt |
| 851 NE 1st Ave #2303, Miami, FL, 33132 | $1,050,000 | 2 | 3 | 1,560 | 1,560 SqFt |
| 398 NE 5th St #3711, Miami, FL, 33132 | $1,379,000 | 2 | 2 | 818 | 818 SqFt |
| 1750 N Bayshore Dr #3310, Miami, FL, 33132 | $329,000 | 1 | 1 | 821 | 821 SqFt |
| 851 NE 1st Avenue #2410, Miami, FL, 33132 | $699,000 | 1 | 2 | 1,185 | 1,185 SqFt |
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ByOwner last updated this listing 08/15/2026 @ 09:22
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