# 398 NE 5th St, Miami, FL 33132

> **TL;DR:** 3bd/3ba single family, $1,600,000 ($1410/sqft), built 2022, 1,135 sqft.
> View. Est. $6,933/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,600,000 |
| Price/sqft | $1410 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 1,135 |
| Year Built | 2022 |
| Stories | 49 |
| Property Type | Single Family (Stock Cooperative) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Views** - Ocean, Other

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,933 |
| **Total** | **$6,933** |

## Key Amenities

- View

## Property Highlights

- Built in 2022
- 49 stories

## Description

### 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.

## Location

- **Address:** 398 NE 5th St, Miami, FL 33132
- **County:** Miami-Dade
- **Neighborhood:** Map Of Miami Dade Co. Fl.

## Listing Agent

- **Name:** Ana Osorio De  Vega PA
- **Brokerage:** EXP Realty LLC
- **Phone:** 5612254604
- **Email:** ana@theanavegagroup.com

## Primary Photo

![398 NE 5th St - Primary Photo](http://lh.rdcpix.com/5474fe3ae3095b665b5a9615b67d9b68l-f2483590114r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.com/listing/398-ne-5th-st-miami-fl-33132-11972846)*

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**MLS#:** A11972846 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/398-ne-5th-st-miami-fl-33132-11972846)

---

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