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Miami/The Elser Hotel & Residences/398 NE 5th Street 2007

$650,000
398 NE 5th Street 2007, Miami, FL 33132
Miami, FL 33132
At The Elser Hotel & Residences  →
0
Beds
1
Baths
442
Sq Ft
$1,471
/ Sq Ft

About this condo

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007Fully 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 restaurant, 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.

The facts

Price
$650,000
Price / Sq Ft
$1,471
Bedrooms
0
Bathrooms
1
Interior
442 sq ft
Residence
#2007
Type
Condominium
Year Built
2022
Building
The Elser Hotel & Residences
Stories
49
HOA
$600 / mo
Garage
1 spaces
Annual Tax
$9,430
Days on Market
9
MLS #
A12055966

Building amenities

  • Beach Rights
  • Business Center
  • Clubhouse
  • Fitness Center
  • Maintenance Grounds
  • Management
  • Picnic Area
  • Playground
  • Pool
  • Sauna
  • Spa Hot Tub
  • Elevators
BeachesMLS

Listing courtesy of EXP Realty LLC · alvaro@floridarealtyguru.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.