$579,000
 $3,108 est/mo Sourced by Back At You

398 NE 5th St 2007,Miami, FL 33132

Miami, FL 33132

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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.

Details

MLS #A12055966
Listing TypeFor Sale
StyleCondominium
HOA Dues$600
Sub-TypeNew Construction
StatusActive
Year2022
Days On Site43
Listing Provided ByEXP Realty LLC | Alvaro Del Busto

Features

Bath(s) 1 Total
SQ Feet442
Garage1
PoolYes
Story(s)49
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesValet

Taxes

Tax Annual Amount9430

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area32
Community NameMAP OF MIAMI DADE CO. FL.
Listing VS Median (in MAP OF MIAMI DADE CO. FL.)
Price:
$579,000
low | high
Med:
$579,000
50% of Average
sqft:
442
low | high
Med:
442
50% of Average
$ / sqft:
$1,310
low | high
Med:
$1,310
50% of Average
On site:
43
low | high
Med:
43
100% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area32
Community NameMAP OF MIAMI DADE CO. FL.
Listing VS Median (in MAP OF MIAMI DADE CO. FL.)
Price:
$579,000
low | high
Med:
$579,000
50% of Average
sqft:
442
low | high
Med:
442
50% of Average
$ / sqft:
$1,310
low | high
Med:
$1,310
50% of Average
On site:
43
low | high
Med:
43
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $434K - $723K
sqft: 332 - 553
Listing Updated: August 28, 2026 at 10:57:17 PM PDT