This listing is no longer active

The MLS feed no longer includes this property — it may have sold, gone under contract, or been withdrawn. Last seen on September 12, 2026. The details below are the last snapshot we captured. Contact Rangely for a similar property or current status.

MAP OF MIAMI DADE CO. FL.

398 NE 5th St # 2116, Miami FL 33132

1 baths · 362 ft²

For Sale · Active Listing

$599,000

Est. Payment $3,188/mo

MLS Sheet Video

1

Bathrooms

362

Sq. Ft.

2022

Year Built

49

Stories

208

Days on Market

Description

Prime investment opportunity at The Elser Hotel & Residences in the heart of Downtown Miami. Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals—ideal for investors seeking strong income potential in Miami’s high-demand short-term rental market. Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns. Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit. A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.

Facts

MLS#
A11963081
Subdivision
MAP OF MIAMI DADE CO. FL.
Property Type
Residential
Property Sub Type
Condominium
Year Built
2022
Lot Size
0 sqft
Sq. Ft.
362 ft²
Sq. Mt.
34 m²
Price per sq. ft.
$1,655/ft²
Price per sq. mt.
$17,618/m²
Stories
49
Garage
Pool
Days on Market
208 days
Listed
Feb 13, 2026
Last Updated
Sep 9, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

61

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/13/2026Listed for sale$599,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

398 NE 5th St # 2116, Miami FL 33132Directions

Estimated Monthly Payment

$3,837/mo

Principal & Interest

$3,188

Property Tax

$499

Insurance

$150

HOA

$0

20% ($119,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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