Miami, FL 33132 398 NE 5th St 2418
$1,600,000



29 more





























Presented By: This listing is courtesy of EXP Realty LLC
Home Details
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.
Presented By: This listing is courtesy of EXP Realty LLC
Interior Features for 398 NE 5th St 2418
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Interior AmenitiesCloset Cabinetry, Elevator, Other, Skylights, Bar
Total Stories49
Window FeaturesSkylight(s)
Other Rooms
Entry Level24
General for 398 NE 5th St 2418
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Architectural StyleOther
Assoc Fee Paid PerMonthly
Association AmenitiesBeach Rights, Fitness Center, Pool, Sauna, Spa/Hot Tub, Elevator(s)
Association Fee IncludesAmenities, Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Sewer, Trash, Water
Building FeaturesExterior Lighting
Carport Spaces
Carport Y/NNo
CityMiami
Construction MaterialsBrick Veneer, Block
CoolingCentral Air
CountyMiami-Dade
Entry Location24
Full Baths3
Garage Spaces
Garage Y/NNo
HOA Fee$1307
HeatingCentral
Lease Considered Y/NNo
Legal Description398 NE 5TH STREET CONDO UNIT 2418 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520
Listing TermsCash, Conventional, FHA, VA Loan
Lot Size UnitsSquare Feet
MLS Area41
Occupancy TypeVacant
Patio/Porch FeaturesBalcony, Open
Pets AllowedNo
Pool FeaturesAssociation
PossessionClose Of Escrow
PostalCityMiami
Property Attached Y/NYes
Property Sub Type AdditionalStock Cooperative
Property SubtypeStock Cooperative
Property TypeResidential
RestrictionsCorporate Buyer OK, Daily Rentals Allowed, OK To Lease
Security FeaturesSmoke Detector(s)
Senior Community Y/NNo
Special Listing ConditionsListed As-Is
Standard StatusActive
StatusActive
Subdivision NameMAP OF MIAMI DADE CO. FL.
Tax Annual Amount22186
Tax Year2025
Total Rooms0
Unit Number2418
ViewOcean, Other
Virtual TourClick here
Year Built2022
Year Built DetailsResale
Exterior for 398 NE 5th St 2418
Building Area Total1135
Covered Spaces
Exterior AmenitiesBalcony, Security/High Impact Doors, Other
Parking FeaturesOther
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Maria Schuler
Realtor®
SQFT • 1,135