Overview
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.
Virtual Tour
Address
- Street398 5th St #2116
- CityMiami
- SubdivisionMAP OF MIAMI DADE CO. FL.
- CountyMiami-Dade County
- StateFL
- Zip33132
- MLS #A11963081
Interior
- Bedrooms Total0
- Door FeaturesHigh Impact Doors
- Entry Level21
- FlooringTile
- FurnishedFurnished
- HeatingCentral
- HeatingYes
- Interior FeaturesBuilt-in Features, Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s)
- Living Area362
- Living Area UnitsSquare Feet
- Rooms Total0
- Security FeaturesFire Alarm, Card Entry, Secured Garage/Parking, Guard At Site, Lobby Secured
- Window FeaturesHigh Impact Windows
Exterior
- Exterior FeaturesOpen Balcony
- Frontage TypeBay
- Garage Spaces0
- Lot Size Square Feet0
- Lot Size UnitsSquare Feet
- Parking FeaturesValet, No Rv/Boats, No Trucks/Trailers
- Patio And Porch FeaturesOpen Balcony
- ViewBay
- ViewYes
Structure
- Property AttachedYes
- Stories Total49
- Structure TypeCondo 5+ Stories, Condo
- Year Built2022
- Year Built DetailsResale
Financial
- Other Expense0
- Parcel Number01-41-37-078-5180
- Pets AllowedRestrictions Or Possible Restrictions
- Public Survey Range41
- Public Survey Section37
- Public Survey Township41
- Tax Annual Amount9,386
- Tax Legal Description398 NE 5TH STREET CONDO UNIT 2116 UNDIV 0.0917% INT IN COMMON ELEMENTS OFF REC 33416-1520
- Tax Year2025
Location
- MLS Area MajorMap Of Miami Dade Co. Fl.
- Postal Code33132
- Postal Code Plus42074
- Street Direction PrefixNE
- Street Name5th St
- Street Number398
- Street Number Numeric398
- Subdivision NameMAP OF MIAMI DADE CO. FL.
- Unit Number2116
- Unparsed Address398 NE 5th St # 2116, Miami FL 33132
Features & Amenities
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Gabriela Melo
Listing Agent · United Realty Group Inc
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