$650,000

398 NE 5th Street 2007, Miami, FL 33132

  • 1 bath |
  • 442 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2022
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $1,471/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007Fully 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 Biscayne Bay, bringing global demand to Downtown Miami's short-term rental market.Whether for personal use, a pied-à-terre, or a high-performing investment asset, Unit 2007 offers a rare blend of location, view, and income potential in one of Miami's most in-demand condo-hotel addresses.

Listing Status:
Active
Date Added:
July 20, 2026
Data Last Updated:
July 26, 2026 at 9:20PM
Listing Office:
EXP Realty LLC : 888-883-8509
Listing Agent:
Alvaro Andres Del Busto : 305-799-4628
MLS ID:
A12055966
  • General: Built-in FeaturesBedroom on Main LevelCloset CabinetryLiving/Dining RoomBar
  • Appliances: DryerDishwasherElectric RangeMicrowaveWasher
  • A/C: Central Air
  • Heating: Central
  • Eco/Green Feature: AppliancesConstructionHVACLightingThermostat
  • General: BalconyOutdoor Living Area
  • Other Structures: BalconyOpen
  • Pool: AssociationHeated
  • Parking: Valet
  • Windows: BlindsInsulated Windows
  • General: Block49
  • HOA Amenities: Beach RightsBusiness CenterClubhouseFitness CenterMaintenance GroundsManagementPicnic AreaPlaygroundPoolSaunaSpa/Hot TubElevator(s)Common AreasInternetMaintenance GroundsMaintenance StructurePool(s)Recreation FacilitiesReserve FundRoofSewerSecurityTrashWater600.0Monthly
  • Originating MLS: BEACH_MIAMI
  • County: Miami-Dade
  • Zoning: 398 NE 5TH STREET CONDO UNIT 2007 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-15200141370782110
  • View: BayView
  • Source: BEACH_MIAMI

This listing courtesy of Alvaro Andres Del Busto , EXP Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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