398 NE 5th St #1706, Miami, FL 33132

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
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398 NE 5th St #1706,Miami, FL 33132
$579,000
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  • 1 Beds
  • 1 Baths
  • 443 sq. ft.
  • Condominium
  • Active
Listed by:minerva arboleya
Office:related isg realty, llc.
MLS#:A11789023
Source:SEFMLS

Price summary

  • Price:$579,000
  • Price per sq. ft.:$1,307
  • Monthly HOA dues:$494

About this home

Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free.

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Home facts

  • Year built:2022
  • Listing Id #:A11789023
  • Updated:August 15, 2025 at 09:48 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:443 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:2022
  • Building area:443 sq. ft.

Finances and disclosures

  • Price:$579,000
  • Price per sq. ft.:$1,307
  • Tax amount:$10,914 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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