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398 NE 5th St #2418

Miami, FL 33132
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Bed 3

Bed

Bath 3

Bath

SqFt1,135

Sqft

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 inco me. 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,600,000

AD Id : 75976229

MLS Id : A11972846

Beds : 3

Living Area Size : 1,135

Year Built : 2022

County : Miami-Dade

Subdivision: Harbor Isle

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Flooring Information

    Tile
  • Interior Features

    ClosetCabinetry, Elevator, Other, Skylights, Bar
    Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
    Window Features: Skylights
  • Heating & Cooling

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

  • Building Information

    Year Built: 2022
    Building Area Total: 1135
    Construction Materials: BrickVeneer, Block
    Patio And Porch Features: Balcony, Open
    Pool Features: Association
    Private Pool: No
    View: Ocean, Other
    Association Fee Frequency: Monthly
  • Exterior Features

    Exterior Features: Balcony, SecurityHighImpactDoors, Other

  • Listing Price Information

    Listing Price: $1600000
    Cash, Conventional, FHA, VaLoan

  • Tax Information

    Parcel Number: 01-41-37-078-5890 Tax Year: 2025 Annual Tax: $22186 Tax Legal Desc: 398 NE 5TH STREET CONDO UNIT 2418 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520

  • Parking Information

    Other

    Garage Information

    Pets Allowed: No

    Homeowners Association Information

    Included Fees: Amenities, CommonAreas, CableTv, Insurance, MaintenanceStructure, Parking, Pools, RecreationFacilities, Sewer, Trash, Water
    HOA: $1,307.00
    Association Amenities: BeachRights, FitnessCenter, Pool, Sauna, SpaHotTub, Elevators

  • Location Information

    Security Features: SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
121 NE 5th #306, Miami, FL, 33132 $569,000 1 2 --
1750 N Bayshore Dr #2215, Miami, FL, 33132 $499,000 2 2 1,048 1,048 SqFt
1750 N Bayshore Dr #3005, Miami, FL, 33132 $355,000 1 1 825 825 SqFt
1750 N Bayshore Dr #4912, Miami, FL, 33132 $358,000 1 1 791 791 SqFt
1900 N Bayshore Dr #4109, Miami, FL, 33132 $399,900 1 2 838 838 SqFt
1900 N Bayshore Dr #2510, Miami, FL, 33132 $395,000 1 1 794 794 SqFt
1100 Biscayne Blvd #5306, Miami, FL, 33132 $5,600,000 6 8 6,952 6,952 SqFt
851 NE 1st Ave #2101, Miami, FL, 33132 $1,640,000 3 4 2,204 2,204 SqFt
851 NE 1st Ave #3411, Miami, FL, 33132 $2,500,000 4 4 2,188 2,188 SqFt
300 N Biscayne Blvd. #4.., Miami, FL, 33132 $3,388,700 2 3 1,809 1,809 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 06/05/2026 @ 23:23

MLS: A11972846 LISTED BY: Ana Osorio De Vega PA, EXP Realty LLC 888-883-8509 SOURCE: SEFMIAMI

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