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398 NE 5th Street #2116

Miami, FL 33132
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Bed 0

Bed

Bath 1

Bath

Acres362

Acres

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 ightline and major transit. A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.

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Detail Ic Property Details

Property Type : Residential

Price : $599,000

AD Id : 75347776

MLS Id : A11963081

Living Area Size : 362

Year Built : 2022

County : Miami-Dade

Subdivision: Tdr Tower Ii Condo

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Feature Features

  • Interior Features

    BuiltInFeatures, BedroomOnMainLevel, ClosetCabinetry, VaultedCeilings, WalkInClosets, Bar
    Appliances: Dryer, Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir Water front: 1

  • Building Information

    Year Built: 2022
    Building Area Total: 362
    Construction Materials: Block
    Patio And Porch Features: Open, Balcony
    Pool Features: Association
    Private Pool: No
    Water front Features: Bayfront,None
    View: Bay
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Balcony, Lighting, OutdoorLivingArea

  • Listing Price Information

    Listing Price: $599000
    Cash, Conventional

  • 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

  • Parking Information

    Valet

    Garage Information

    Pets Allowed: PetRestrictions, Yes

    Homeowners Association Information

    Has Association: Yes
    Included Fees: CommonAreas, Insurance, MaintenanceGrounds, MaintenanceStructure, Pools, Sewer, Security, Trash
    HOA: $557.00
    Association Amenities: BusinessCenter, Clubhouse, FitnessCenter, MaintenanceGrounds, PicnicArea, Pool, Elevators

  • 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
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Residential, Miami, FL, 33132 $420,000 1 1 752 752 SqFt
275 NE 18th St #1606, Miami, FL, 33132 $380,000 1 1 749 749 SqFt
488 NE 18th St #1205, Miami, FL, 33132 $524,999 1 2 710 710 SqFt
1750 N Bayshore Dr #3311, Miami, FL, 33132 $330,000 1 1 791 791 SqFt
Residential, Miami, FL, 33132 $890,000 2 3 1,441 1,441 SqFt
488 NE 18th St #2401, Miami, FL, 33132 $660,000 2 3 1,178 1,178 SqFt
133 NE 2nd Ave #2302, Miami, FL, 33132 $529,000 2 2 1,041 1,041 SqFt
488 NE 18th St #3101, Miami, FL, 33132 $775,000 2 3 1,178 1,178 SqFt
20 NE 11th St #3106B, Miami, FL, 33132 $465,000 -- 1 275 275 SqFt
1750 N Bayshore Dr #5614, Miami, FL, 33132 $675,000 2 2 1,048 1,048 SqFt

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ByOwner last updated this listing 06/23/2026 @ 17:27

MLS: A11963081 LISTED BY: Gabriela Melo, United Realty Group Inc 954-450-2000 SOURCE: Beaches MLS

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