Basic Information

  • MLS # A11963081
  • Type Condominium
  • Status Active
  • Subdivision/Complex The Elser Hotel & Residences
  • Year Built 2022
  • Total Sqft 362
  • Date Listed 02/13/2026
  • Days on Market 33
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.

Amenities

  • Business Center
  • Clubhouse
  • Fitness Center
  • Barbecue
  • Picnic Area
  • Pool
  • Elevators

Exterior Features

  • Waterfront Yes
  • Parking Spaces 0
  • Pool Yes
  • View Bay
  • Construction Type Block
  • Waterfront Description Bayfront
  • Parking Description Valet
  • Exterior Features Balcony, Security High Impact Doors
  • Style Condominium

Interior Features

  • Adjusted Sqft 362Sq.Ft
  • Cooling Description Central Air
  • Equipment Appliances Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Floor Description Tile
  • Heating Description Central
  • Interior Features Built In Features, Bedroom On Main Level, Closet Cabinetry, Vaulted Ceilings, Walk In Closets, Bar
  • Sqft 362Sq.Ft

Property Features

  • Address 398 NE 5th St #2116
  • Aprox. Lot Size 362
  • Architectural Style High Rise
  • Association Fee Frequency Monthly
  • City Miami
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info yes
  • Listing Terms Cash, Conventional
  • Occupant Type Tenant
  • Parking Features Valet
  • Patio And Porch Features Balcony, Open
  • Pets Allowed Conditional, Yes
  • Pool Features Association
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Township 1
  • HOA Fees $557
  • Subdivision Complex The Elser Hotel & Residences
  • Subdivision Info The Elser Hotel & Residences
  • Tax Amount $9,386
  • Tax Legal desc 398 N E5 T H S T R E E T C O N D O U N I T2116 U N D I V0.0917% I N T I N C O M M O N E L E M E N T S O F F R E C33416-1520
  • Tax Year 2025
  • Terms Considered Cash, Conventional
  • Type of Property Condominium
  • View Bay
  • Window Features Impact Glass
  • Year Built Details Resale
  • Waterfront Description Bayfront

398 NE 5th St #2116

Miami, FL 33132

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