Palm Beach · Fort Lauderdale · Miami138 towers in the index · Updated weekly

Miami/The Elser Hotel & Residences/398 NE 5th Street 2116

$599,000
398 NE 5th Street 2116, Miami, FL 33132
Miami, FL 33132 · Bayfront,None
At The Elser Hotel & Residences  →
0
Beds
1
Baths
362
Sq Ft
$1,655
/ Sq Ft

About this condo

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

The facts

Price
$599,000
Price / Sq Ft
$1,655
Bedrooms
0
Bathrooms
1
Interior
362 sq ft
Residence
#2116
Type
Condominium
Year Built
2022
Building
The Elser Hotel & Residences
Stories
49
HOA
$557 / mo
Flooring
Tile
Waterfront
Bayfront,None
Annual Tax
$9,386
Days on Market
166
MLS #
A11963081

Building amenities

  • Business Center
  • Clubhouse
  • Fitness Center
  • Maintenance Grounds
  • Picnic Area
  • Pool
  • Elevators
BeachesMLS

Listing courtesy of United Realty Group Inc · gmelorealtor@gmail.com. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.