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398 NE 5th St # 2007, Miami FL 33132

Residential

398 5th St

Miami, FL 33132

ML#:A12055966
List Price:$579,000
Status:Active
Days on Market:14
Listing Brkr:EXP Realty LLC
Subdivision:MAP OF MIAMI DADE CO. FL.
Bedrooms:0
Baths:1
SqFt (Liv):442
Lot Size:0 sqft
Year Built:2022
Stories:49

General Information

Type Property:Residential
Style:Condominium
Pool:
Garage Spaces:1
Parking:

Location Information

County:Miami-Dade County
Zip:33132
Subdivision:MAP OF MIAMI DADE CO. FL.
Latitude:25.778880
Longitude:-80.189056

Additional Features

Interior:First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers
Exterior:Open Balcony
Appliances:Dishwasher, Dryer, Electric Range, Microwave, Washer
View:Bay
Heating:Central
Cooling:Central Air
Construction:CBS Construction
Waterfront:No
Security:Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Secured Garage/Parking, Guard At Site, Lobby Secured, Security Patrol

Financial Information

HOA (Monthly):$600
Annual Taxes (2025):$9,430
Original Price:$650,000
Days on Market:14

Remarks

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.

Listing Agent

Alvaro Del Busto

EXP Realty LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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