About This Home

This 3-bedroom, 3-bathroom condo at 398 NE 5th St #1518 in Miami, FL is listed for $1,499,000 ($1,330 per sqft). Built in 2024, the home offers 1,127 sqft of living space on a N/A lot.

Key Features

  • Built in 2024
  • Waterfront

Property Details

3 full
1-car garage
#1518
2024

Amenities

WaterfrontA/C
Listing Description

Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS-offering the flexibility of Airbnb and daily rentals.

What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations.

For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management. Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances.

Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!

Monthly Cost Estimate

$9,317/mo

20% down · 6.5% · 30 years

Principal$1,084
Interest$6,496
Insurance$437
HOA$1,300

Estimates only. Actual payments may vary.

Location

398 NE 5th St #1518

Miami, FL 33132

MAP OF MIAMI DADE CO. FL.

Features & Amenities

Interior Features

Bedroom on Main LevelConvertible BedroomEat-in KitchenElevatorHandicap AccessLiving/Dining RoomTub Shower

Exterior Features

BalconyStorm/Security Shutters

Property Details

Flooring

TileConcrete

Construction

CBS (Concrete Block Structure) Block

Heating

Central

Cooling

Central Air

Appliances

DishwasherElectric RangeMicrowaveRefrigerator

Questions & Answers

This 3-bedroom, 3-bathroom condo at 398 NE 5th St is listed at $1,499,000 ($1,330/sqft). The estimated monthly payment is $9,317 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1300/month.

Key features include: Built in 2024, Waterfront. Interior Features: Bedroom on Main Level, Convertible Bedroom, Eat-in Kitchen. Exterior Features: Balcony, Storm/Security Shutters.

This property is listed by Annie Montiel.

AM

Annie Montiel

License 3083914

Agent at EXP REALTY LLC

Listed by EXP REALTY LLC · Broker phone: (888) 883-8509 · View on Broker Site

MLS# A12112486· Source: Miami REALTORS®· 2 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 #1518, Miami, FL 33132

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