MAP OF MIAMI DADE CO. FL.
398 NE 5th St # 2007, Miami FL 33132
1 baths · 442 ft²
$650,000
Est. Payment $3,460/mo
1
Bathrooms
442
Sq. Ft.
2022
Year Built
1
Garage
49
Stories
1
Days on Market
Description
Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007 Fully 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.
Facts
- MLS#
- A12055966
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2022
- Lot Size
- 0 sqft
- Sq. Ft.
- 442 ft²
- Sq. Mt.
- 41 m²
- Price per sq. ft.
- $1,471/ft²
- Price per sq. mt.
- $15,854/m²
- Stories
- 49
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 1 day
- Listed
- Jul 20, 2026
- Last Updated
- Jul 21, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
42
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).
| 7/20/2026 | Listed for sale | $650,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Coral Ridge Christian AcademyPK,KG,1,2 · private · 0.5 mi
Bee Creative AcademyKG · private · 1.0 mi
Parkside Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.0 mi
Westchester Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.0 mi
St Andrew Catholic SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 1.0 mi
Excelsior Artz Preparatory SchoolPK,KG,1,2,3,4,5,6,8,UG · private · 1.1 mi
Coral Springs Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.1 mi
ACADEMIC SOLUTIONS ACADEMY A-52339,10,11,12 · charter · 1.2 mi
Academic Solutions High School9,10,11,12 · charter · 1.2 mi
The North Broward School at Coral SpringsPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi
Estimated Monthly Payment
$4,151/mo
Principal & Interest
$3,460
Property Tax
$542
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated 15 hours ago
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