About This Home
This 3-bedroom, 3-bathroom condo 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.
Key Features
- Built in 2022
Property Details
Amenities
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.
Monthly Cost Estimate
$9,864/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
398 NE 5th St
Miami, FL 33132
MAP OF MIAMI DADE CO. FL.
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom condo at 398 NE 5th St is listed at $1,600,000 ($1,410/sqft). The estimated monthly payment is $9,864 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $1307/month.
Key features include: Built in 2022. Interior Features: Closet Cabinetry, Elevator, Skylights. Exterior Features: Balcony, Security/High Impact Doors.
This property is listed by Ana Osorio De Vega PA and can be reached at 5612254604.
