398 NE 5th St #2418 Miami, FL 33132
3 Beds
3 Baths
1,135 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Stock Cooperative
Listing Status Active
Purchase Type For Sale
Square Footage 1,135 sqft
Price per Sqft $1,409
Subdivision Map Of Miami Dade Co. Fl.
MLS Listing ID A11972846
Style Other
Bedrooms 3
Full Baths 3
HOA Fees $1,307/mo
HOA Y/N Yes
Min Days of Lease 365
Leases Per Year 1
Year Built 2022
Annual Tax Amount $22,186
Tax Year 2025
Property Sub-Type Stock Cooperative
Property Description
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 income. 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.
Location
State FL
County Miami-dade
Community Map Of Miami Dade Co. Fl.
Area 41
Interior
Interior Features Closet Cabinetry, Elevator, Other, Skylights, Bar
Heating Central
Cooling Central Air
Flooring Tile
Window Features Skylight(s)
Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Balcony, Security/High Impact Doors, Other
Pool Association
Amenities Available Beach Rights, Fitness Center, Pool, Sauna, Spa/Hot Tub, Elevator(s)
View Y/N Yes
View Ocean, Other
Porch Balcony, Open
Garage No
Private Pool Yes
Building
Building Description Brick Veneer,Block, Exterior Lighting
Architectural Style Other
Structure Type Brick Veneer,Block
Others
Pets Allowed No
HOA Fee Include Amenities,Common Areas,Cable TV,Insurance,Maintenance Structure,Parking,Pool(s),Recreation Facilities,Sewer,Trash,Water
Senior Community No
Restrictions Corporate Buyer OK,Daily Rentals Allowed,OK To Lease
Tax ID 01-41-37-078-5890
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Listed As-Is
Pets Allowed No
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