398 NE 5th Street 2007, Miami, FL 33132

• 1 bath |
• 442 sqft

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 10:21PM

Listing Office:

EXP Realty LLC : 888-883-8509

Listing Agent:

Alvaro Andres Del Busto : 305-799-4628

MLS ID:

A12055966

Interior

• General: Built-in FeaturesBedroom on Main LevelCloset CabinetryLiving/Dining RoomBar
• Appliances: DryerDishwasherElectric RangeMicrowaveWasher
• A/C: Central Air
• Heating: Central
• Eco/Green Feature: AppliancesConstructionHVACLightingThermostat

Exterior

• General: BalconyOutdoor Living Area
• Other Structures: BalconyOpen
• Pool: AssociationHeated
• Parking: Valet

Construction

• Windows: BlindsInsulated Windows
• General: Block49

Location

• 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

Lot

• Zoning: 398 NE 5TH STREET CONDO UNIT 2007 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-15200141370782110
• View: BayView

Financial

• Source: BEACH_MIAMI