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398 NE 5th St # 2418, Miami FL 33132

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$1,600,000

3

3

1,135 SF

$1,410

 
PROPERTY TYPEStock Cooperative
Lot Size0
YEAR BUILT2022
WATERFRONTNo
STYLENo
PARKINGYes
SWIMMING POOLNo
STATUSActive

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    Property Description

    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.

    LIST PRICE $1,600,000
    PRICE CHANGE0%
    BEDS 3
    BATHS 3
    1/2 BATHS 0
    LIVING SIZE 1,135 SF
    PRICE SF$1,410
    YEAR BUILT 2022
    WATERFRONT No
    VIEWOcean View,Other View
    SWIMMING POOL In Ground
    STYLE No
    CONSTRUCTION Concrete Block Construction,Brick Veneer
    PARKING Yes
    PARKING SPACES
    FLOORING TYPE No
    MLS A11972846
    PROPERTY TYPEStock Cooperative
    STATUS Active
    DATE LISTED 2026-03-06
    DAYS ON MARKET 70
    FURNISHED
    Pets Allowed No
    CITY Miami
    ZIP33132
    STATE FL
    SUBDIVISION The Elser
    HOA FEES $1,307
    TAXES $22,186
    TAXES YEAR 2025

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