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398 NE 5th St #2007

Miami, FL 33132
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Bed 0

Bed

Bath 1

Bath

Acres442

Acres

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007 Fully furnished, turnkey studio residence at The Elser, ideally positioned with sweeping views of the Kaseya Center skyline and partial Biscayne Bay water views. This designer-finished unit features a king-size bed, sofa bed, full kitchen, in-unit washer/dryer, and secure keyless entry — ready to generate income from day one. Enrolled in The Elser's professionally managed short-term rental program with a proven, documented income history, this is a rare opportunity to own real, verified cash flow rather than a projection. Investor-friendly building with flexible daily, weekly, and long-term rental permissions. Residents and guests enjoy resort-caliber amenities including a wraparound rooftop pool with bar and res taurant, two-story fitness center, 24/7 concierge, valet parking, and Beach Club access. Unbeatable Downtown Miami location steps from Kaseya Center, Bayside Marketplace, the Brightline station, and Biscayne Bay, bringing global demand to Downtown Miami's short-term rental market. Whether for personal use, a pied-à-terre, or a high-performing investment asset, Unit 2007 offers a rare blend of location, view, and income potential in one of Miami's most in-demand condo-hotel addresses.

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Detail Ic Property Details

Property Type : Residential

Price : $650,000

AD Id : 88193197

MLS Id : A12055966

Living Area Size : 442

Year Built : 2022

Garage : 1

County : Miami-Dade

Subdivision: Pompano Isles

  • Map Map

Map

Feature Features

  • Interior Features

    BuiltInFeatures, BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry, LivingDiningRoom, Bar
    Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Washer
    Window Features: Blinds, ThermalWindows, ImpactGlass
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2022
    Building Area Total: 442
    Construction Materials: Block
    Patio And Porch Features: Balcony, Open
    Pool Features: Association, Heated
    Private Pool: No
    View: Bay
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Balcony, SecurityHighImpactDoors

  • Listing Price Information

    Listing Price: $650000
    Cash, Conventional

  • Tax Information

    Parcel Number: 01-41-37-078-2110 Tax Year: 2025 Annual Tax: $9430 Tax Legal Desc: 398 NE 5TH STREET CONDO UNIT 2007 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520

  • Parking Information

    Valet

    Garage Information

    Has Garage: Yes Garage Space: 1 Pets Allowed: Yes

    Homeowners Association Information

    Included Fees: AssociationManagement, Amenities, CommonAreas, Internet, MaintenanceGrounds, MaintenanceStructure, Pools, RecreationFacilities, ReserveFund, Roof, Sewer, Security, Trash, Water
    HOA: $600.00
    Association Amenities: BeachRights, BusinessCenter, Clubhouse, FitnessCenter, Barbecue, PicnicArea, Playground, Pool, Sauna, SpaHotTub, Elevators

  • Location Information

    Security Features: DoorMan,ElevatorSecured,FireAlarm,SecuredGarageParking,LobbySecured,SecurityGuard,FireSprinklerSystem
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
398 NE 5th Street #2118, Miami, FL, 33132 $1,190,000 3 3 1,135 1,135 SqFt
398 NE 5th Street #2017, Miami, FL, 33132 $1,150,000 3 3 1,043 1,043 SqFt
851 NE 1st Avenue #2606, Miami, FL, 33132 $768,000 1 2 1,173 1,173 SqFt
11 NE 6th Street #2507, Miami, FL, 33132 $835,000 2 2 39,228 39,228 SqFt
851 NE 1st Ave #3000, Miami, FL, 33132 $749,999 1 2 1,018 1,018 SqFt
1900 N Bayshore Drive #.., Miami, FL, 33132 $329,000 -- 1 594 594 SqFt
851 NE 1st Ave #7, Miami, FL, 33132 $200,000 1 1 --
851 NE 1st Avenue #2005, Miami, FL, 33132 $840,000 1 2 1,254 1,254 SqFt
1837 NE 4th Ave #1414, Miami, FL, 33132 $734,845 1 1 --
488 NE 18th Street #4711, Miami, FL, 33132 $1,199,000 2 3 1,161 1,161 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/21/2026 @ 23:09

MLS: A12055966 LISTED BY: Alvaro Del Busto, EXP Realty LLC 888-883-8509 SOURCE: SEFMIAMI

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