$599,000
398 NE 5th St # 2116, Miami FL 33132
1 bath · 362 sq ft · Condominium · Active
MLS# A11963081 · Listing courtesy of United Realty Group Inc
Facts
- Bathrooms
- 1
- Living area
- 362 sq ft
- Price per sq ft
- $1,655
- Type
- Condominium
- Year built
- 2022
- Floor
- 21 of 49
- View
- Bay
- Waterfront
- Yes
- Furnished
- Furnished
- Association fee
- $557 monthly
- Taxes
- $9,386 (2025)
- Listed
- Feb 13, 2026
About this residence
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.
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Location
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Listing data last updated 10/21/2026, 2:30:56 AM ET.