Basic Information

  • MLS # A11943473
  • Type Condominium
  • Status Active
  • Subdivision/Complex The Elser Hotel & Residences
  • Year Built 2024
  • Total Sqft 1,043
  • Date Listed 01/12/2026
  • Days on Market 81
Description

Discover Unit 2717 at The Elser Hotel & Residences, a spacious and highly versatile 2-Bedroom + large Den residence legally configured and recognized as a true 3-Bedroom unit. With 3 full bathrooms and the ability to comfortably accommodate up to 8 guests per night, the generously sized den can be easily divided. Delivered in pristine, like-new condition and sold fully furnished with all necessary equipment. Currently enrolled in the building's hotel management program, this residence delivers excellent occupancy rates and strong returns. Detailed performance statements and revenue history available upon request. A rare turnkey investment opportunity in the heart of Downtown Miami with no rental restrictions!

Amenities

  • Beach Rights
  • Bike Storage
  • Business Center
  • Clubhouse
  • Elevators
  • Fitness Center
  • Barbecue
  • Other
  • Picnic Area
  • Pool
  • Spa Hot Tub

Exterior Features

  • Waterfront Yes
  • Parking Spaces 1
  • Pool Yes
  • View Bay, Intercoastal, Ocean
  • Construction Type Block
  • Waterfront Description Bayfront
  • Parking Description One Space
  • Exterior Features Balcony
  • Style Condominium

Interior Features

  • Adjusted Sqft 1,043Sq.Ft
  • Cooling Description Other
  • Equipment Appliances Other
  • Floor Description Ceramic Tile
  • Heating Description Central, Other
  • Interior Features Other, Bar
  • Sqft 1,043Sq.Ft

Property Features

  • Address 398 NE 5th St #2717
  • Aprox. Lot Size 1,043
  • Architectural Style High Rise, Other
  • Association Fee Frequency Monthly
  • City Miami
  • Construction Materials Block
  • County Miami- Dade
  • Covered Spaces 1
  • Furnished Info no
  • Garage 1
  • Listing Terms Conventional
  • Occupant Type Tenant
  • Parking Features One Space
  • Patio And Porch Features Balcony, Open
  • Pets Allowed Conditional, Yes
  • Pool Features Association, Heated
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Township 1
  • HOA Fees $1,220
  • Subdivision Complex The Elser Hotel & Residences
  • Subdivision Info The Elser Hotel & Residences
  • Tax Amount $21,280
  • Tax Legal desc 398 N E5 T H S T R E E T C O N D O U N I T2717 U N D I V0.2641% 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 Conventional
  • Type of Property Condominium
  • View Bay, Intercoastal, Ocean
  • Year Built Details New Construction
  • Waterfront Description Bayfront

398 NE 5th St #2717

Miami, FL 33132

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