Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 3-bedroom, 3-bathroom single family at 398 NE 5th St in Miami, FL is listed for $1,600,000 ($1,410 per sqft). Built in 2022, the home offers 1,135 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 2022
  • 49 stories

Property Details

49 stories
3 full
#2418
2022

Amenities

View

Monthly Cost Estimate

$8,557/mo

20% down · 6.5% · 30 years

Principal$1,157
Interest$6,933
Insurance$467

Estimates only. Actual payments may vary.

Location

398 NE 5th St

Miami, FL 33132

Map Of Miami Dade Co. Fl.

Features & Amenities

Interior Features

Closet CabinetryElevatorOtherSkylightsBar

Exterior Features

BalconySecurity/High Impact DoorsOther

Property Details

Flooring

Tile

Construction

BlockBrickBrick Veneer

Views

OceanOther

Parking

Other

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerGarbage DisposerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 3-bedroom, 3-bathroom single family at 398 NE 5th St is listed at $1,600,000 ($1,410/sqft). The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.

Key features include: Built in 2022, 49 stories. Interior Features: Closet Cabinetry, Elevator, Other. Exterior Features: Balcony, Security/High Impact Doors, Other.

This property is listed by Ana Osorio De Vega PA and can be reached at 5612254604 or ana@theanavegagroup.com.

AP

Ana Osorio De Vega PA

Agent at EXP Realty LLC

(561) 225-4604

Listed by EXP Realty LLC · View on Broker Site

MLS# A11972846· 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

Open this listing in: