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About This Home

This 0-bedroom, 1-bathroom condo at 398 NE 5th St 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.

Agent 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, 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.

Key Features

  • Built in 2022
  • 49 stories
  • Waterfront

Property Details

49 stories
1 full
#2116
2022

Amenities

Waterfront

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

398 NE 5th St

Miami, FL 33132

Map Of Miami Dade Co. Fl.

Features & Amenities

Interior Features

Key Card EntryLobby SecuredBuilt-in FeaturesBedroom On Main LevelCloset CabinetryVaulted Ceiling(s)Walk-in Closet(s)Bar

Exterior Features

Security GuardBalconySecurity/High Impact Doors

Property Details

Flooring

Tile

Construction

Block

Parking

Valet

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerMicrowaveRangeRefrigeratorWasher

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 $2,596 based on 20% down at 6.5% interest.

Key features include: Built in 2022, 49 stories, Waterfront. Interior Features: Key Card Entry, Lobby Secured, Built-in Features. Exterior Features: Security Guard, Balcony, Security/High Impact Doors.

This property is listed by Gabriela Melo and can be reached at 9542346768 or gmelorealtor@gmail.com.

GM

Gabriela Melo

Agent at United Realty Group Inc

(954) 234-6768

Listed by United Realty Group Inc · View on Broker Site

MLS# A11963081· Source: listhub· Updated today

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, Miami, FL 33132

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