398 NE 5th St
Miami, FL 33132
$1,600,000
Active
3 Beds
3 Baths
1,135 Sq Ft
Est. Payment: $8,302/mo
20% down • 30-yr fixed @ 6.75% • Customize
20% down • 30-yr fixed @ 6.75% • Customize
Property Details & Specifications
Property Type
Stock Cooperative
Bedrooms
3
Bathrooms
3
Living Area
1,135 sqft
Year Built
2022
Garage
0 spaces
Price/Sqft
$1,410
MLS #
A11972846
Construction
Concrete Block Construction, Brick Veneer
Roof
Flooring
Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
About This Home
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.
The information displayed on this page is based on data from the MIAMI Association of Realtors® (MIAMIRE) Multiple Listing Service. While deemed reliable, all information including price, square footage, features, and availability should be independently verified. Listings may be subject to errors, omissions, or changes without notice. The Mambuca Group is not a licensed real estate brokerage and displays this data through an authorized IDX data feed. Copyright 2025 MIAMI Association of Realtors®. All rights reserved.
Elite Mortgage & Realtor Partners
FEATURED
Gabriel Demirdjian, Executive Mortgage Broker
Phone: 305-389-5629 Email: gaby@superiormtgexperts.com View Profile
FEATURED
