398 NE 5th St 2418, Miami, FL 33132

• 3 beds |
• 3 baths |
• 1,135 sqft

Property Description

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.

Listing Status:

Active

Date Added:

March 6, 2026

Data Last Updated:

March 12, 2026 at 4:08PM

Listing Office:

EXP Realty LLC : 888-883-8509

Listing Agent:

Ana Osorio De Vega : 561-225-4604

MLS ID:

A11972846

Interior

• General: Closet CabinetryElevatorSkylight
• Appliances: DishwasherDisposalDryerElectric Water HeaterMicrowaveElectric RangeRefrigeratorWasher
• Flooring: Tile
• A/C: Central Air
• Heating: Central

Exterior

• General: OtherOpen Balcony
• Parking: Other

Construction

• Windows: Skylight
• General: Concrete Block ConstructionBrick Veneer

Location

• HOA Amenities: BarElevator(s)Exercise RoomExterior LightingPoolPrivate Beach PavilionSaunaSpa/Hot Tub1307.0Monthly
• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 398 NE 5TH STREET CONDO UNIT 2418 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-152001-41-37-078-5890
• View: Ocean ViewOther View

Financial

• Source: Miami Association of REALTORS®