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398 NE 5th St # 2418, Miami FL 33132, photo 1 of 34

$1,600,000

398 NE 5th St # 2418, Miami FL 33132

3 beds · 3 baths · 1,135 sq ft · Stock Cooperative · Active

MLS# A11972846 · Listing courtesy of EXP Realty LLC

Facts

Bedrooms
3
Bathrooms
3
Living area
1,135 sq ft
Price per sq ft
$1,410
Type
Stock Cooperative
Year built
2022
Floor
24 of 49
View
Ocean View
Association fee
$1,307 monthly
Taxes
$22,186 (2025)
Listed
Mar 6, 2026

About this residence

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 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.

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Location

398 NE 5th St # 2418, Miami FL 33132Open in Google Maps

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The data relating to real estate for sale on this web site comes in part from the participating Associations/MLSs and Miami Association of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing data last updated 10/19/2026, 7:30:55 PM ET.

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