398 NE 5th St #2007, Miami, FL 33132

Miami
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
398 NE 5th St #2007,Miami, FL 33132
$650,000
Virtual Tour
  • - Beds
  • 1 Baths
  • 442 sq. ft.
  • Condominium
  • Active
Listed by: alvaro del busto
Office: exp realty llc.888-883-8509
MLS#:A12055966
Source:SEFMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$1,470.59
  • Monthly HOA dues:$600

About this home

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007 Fully furnished, turnkey studio residence at The Elser, ideally positioned with sweeping views of the Kaseya Center skyline and partial Biscayne Bay water views. This designer-finished unit features a king-size bed, sofa bed, full kitchen, in-unit washer/dryer, and secure keyless entry — ready to generate income from day one. Enrolled in The Elser's professionally managed short-term rental program with a proven, documented income history, this is a rare opportunity to own real, verified cash flow rather than a projection. Investor-friendly building with flexible daily, weekly, and long-term rental permissions. Residents and guests enjoy resort-caliber amenities including a wraparound rooftop pool with bar and restaurant, two-story fitness center, 24/7 concierge, valet parking, and Beach Club access. Unbeatable Downtown Miami location steps from Kaseya Center, Bayside Marketplace, the Brightline station, and...

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Home facts

  • Year built:2022
  • Listing ID #:A12055966
  • Updated:July 24, 2026 at 10:04 AM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Living/Dining Room
  • Kitchen Description:Dishwasher, Electric Range, Microwave
  • Living area:442 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2022
  • Building area:442 sq. ft.
  • Architectural Style:High Rise
  • Construction Materials:Block
  • Exterior Features:Balcony, Open, Security High Impact Doors

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$1,470.59
  • Tax amount:$9,430 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Electric Range, Microwave, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Balcony, Bar, Barbecue, Beach Rights, Blinds, Business Center, Closet Cabinetry, Clubhouse, Door Man, Elevator Secured, Elevators, Fire Alarm, Fire Sprinkler System, Fitness Center, Impact Glass Windows, Lobby Secured, Picnic Area, Playground, Security Guard, Spa/Hot Tub, Thermal Windows
  • Pool features:Association, Heated, Pool

Parking

  • Parking description:Valet
  • Garage:Yes
  • Garage spaces:1
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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