Miami, FL 33132 398 NE 5th St 2116
$599,000
6 more
Presented By: This listing is courtesy of United Realty Group Inc
Baths • 1
SQFT • 362
Home Details
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.
Presented By: This listing is courtesy of United Realty Group Inc
Interior Features for 398 NE 5th St 2116
Bedrooms
Total Bedrooms
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesBuilt-in Features, Bedroom on Main Level, Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s), Bar
Total Stories49
Window FeaturesImpact Glass
Other Rooms
Entry Level21
General for 398 NE 5th St 2116
AppliancesDryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Architectural StyleHigh Rise
Assoc Fee Paid PerMonthly
Association AmenitiesBusiness Center, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Elevator(s)
Association Fee IncludesAmenities, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Trash
Building FeaturesExterior Lighting
Carport Spaces
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingCentral Air
CountyMiami-Dade
Entry Location21
Full Baths1
Garage Spaces
Garage Y/NNo
HOA Fee$557
HeatingCentral
Lease Considered Y/NNo
Legal Description398 NE 5TH STREET CONDO UNIT 2116 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area41
Occupancy TypeTenant
Patio/Porch FeaturesBalcony, Open
Pets AllowedConditional, Yes
Pool FeaturesAssociation
PossessionClosing & Funding
PostalCityMiami
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
RestrictionsDaily Rentals Allowed, NoBoats, No RV, No Truck, OK To Lease
Security FeaturesSecured Garage/Parking, Key Card Entry, Lobby Secured, Security Guard
Senior Community Y/NNo
Special Listing ConditionsListed As-Is
Standard StatusActive
StatusActive
Subdivision NameMAP OF MIAMI DADE CO. FL.
Tax Annual Amount9386
Tax Year2025
Total Rooms0
Unit Number2116
ViewBay
Virtual TourClick here
Waterfront FeaturesBayfront
Year Built2022
Year Built DetailsResale
Exterior for 398 NE 5th St 2116
Building Area Total362
Covered Spaces
Exterior AmenitiesBalcony, Security/High Impact Doors
Parking FeaturesValet
Waterfront Y/NYes
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Anthony McIntosh
Realtor®
