About This Home

This 0-bedroom, 1-bathroom condo at 398 NE 5th St #2116 in Miami, FL is listed for $599,000 ($1,655 per sqft). Built in 2022, the home offers 362 sqft of living space on a N/A lot.

Key Features

  • Built in 2022
  • Waterfront

Property Details

1 full
#2116
2022

Amenities

WaterfrontA/C
Listing Description

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, cafe, 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.

Monthly Cost Estimate

$3,761/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175
HOA$557

Estimates only. Actual payments may vary.

Location

398 NE 5th St #2116

Miami, FL 33132

MAP OF MIAMI DADE CO. FL.

Features & Amenities

Interior Features

Built-in FeaturesBedroom on Main LevelCloset CabinetryVaulted Ceiling(s)Walk-In Closet(s)Bar

Exterior Features

BalconySecurity/High Impact Doors

Property Details

Flooring

Tile

Construction

Block

Parking

Valet

Heating

Central

Cooling

Central Air

Appliances

DryerDishwasherElectric RangeDisposalMicrowaveRefrigeratorWasher

Questions & Answers

This 0-bedroom, 1-bathroom condo at 398 NE 5th St is listed at $599,000 ($1,655/sqft). The estimated monthly payment is $3,761 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $557/month.

Key features include: Built in 2022, Waterfront. Interior Features: Built-in Features, Bedroom on Main Level, Closet Cabinetry. Exterior Features: Balcony, Security/High Impact Doors.

This property is listed by Gabriela Melo and can be reached at 9542346768.

GM

Gabriela Melo

License 3307180

Agent at United Realty Group, Inc

(954) 234-6768

Listed by United Realty Group, Inc · Broker phone: (954) 450-2000 · View on Broker Site

MLS# A11963081· Source: Miami REALTORS®· 209 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

398 NE 5th St #2116, Miami, FL 33132

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