398 NE 5th Street #2503, Miami, FL 33132

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
398 NE 5th Street #2503,Miami, FL 33132
$509,000
  • - Beds
  • 1 Baths
  • 439 sq. ft.
  • Condominium
  • Active
Listed by:gulay ozer
Office:heartland realty group llc.
MLS#:R11094556
Source:RMLS

Price summary

  • Price:$509,000
  • Price per sq. ft.:$1,159.45
  • Monthly HOA dues:$455

About this home

Enjoy the best of both worlds--own your Miami pied-a-terre and generate income through the on-site hotel rental program whenever you're away! Experience the perfect blend of luxury and investment at The Elser Hotel & Residences in Downtown Miami! This fully furnished studio offers modern decor, a king-size bed, pull-out couch, and a sleek kitchen with high-end appliances. Enjoy stunning views of Biscayne Bay and Miami Beach. Approved for short-term rentals (Airbnb/VRBO), it's ideal for INVESTORS and VACATIONERS alike. Amenities include a wrap-around pool, 2-story gym, rooftop lounge, valet, and concierge. Steps from Bayside, Kaseya Center, Port of Miami, and more. Own a turn-key gem in the heart of Miami's most vibrant neighborhood!

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Home facts

  • Year built:2022
  • Listing Id #:R11094556
  • Added:77 day(s) ago
  • Updated:August 13, 2025 at 02:57 PM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:439 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Year built:2022
  • Building area:439 sq. ft.

Utilities

  • Water:Well

Finances and disclosures

  • Price:$509,000
  • Price per sq. ft.:$1,159.45
  • Tax amount:$11,179 (2024)
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