Kirill Shapkin advises luxury buyers, sellers, and relocation clients — including international clients — who want a clear strategy and fast execution.

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Kirill Shapkin advises luxury buyers, sellers, and relocation clients — including international clients — who want a clear strategy and fast execution.

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398 NE 5th St # 2007, Miami FL 33132,Miami,Miami-Dade County,Residential

398 NE 5th St # 2007, Miami FL 33132

MLS# A1205596614 days on marketUpdated August 3, 2026

$ 1,310 / sqft

$ 579,000

Reduced from $ 650,000

Overview

UpdatedAugust 3, 2026
MLS #A12055966
Bedrooms0
Bathrooms1
Size442 ft²
Year Built2022
Garage1

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.

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Interior

  • Bedrooms Total0
  • Door FeaturesHigh Impact Doors
  • Entry Level20
  • HeatingCentral
  • HeatingYes
  • Interior FeaturesFirst Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers
  • Living Area442
  • Living Area UnitsSquare Feet
  • Rooms Total0
  • Security FeaturesFire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Secured Garage/Parking, Guard At Site, Lobby Secured, Security Patrol
  • Window FeaturesClear Impact Glass, Blinds, High Impact Windows, Thermal Windows

Exterior

  • Exterior FeaturesOpen Balcony
  • Garage Spaces1
  • GarageYes
  • Lot Size Square Feet0
  • Lot Size UnitsSquare Feet
  • Parking FeaturesValet
  • Patio And Porch FeaturesOpen Balcony
  • ViewBay
  • ViewYes

Structure

  • Property AttachedYes
  • Property ConditionNew Construction
  • Stories Total49
  • Structure TypeCondo 5+ Stories, Condo
  • Year Built2022
  • Year Built DetailsEffective Year Built

Utilities

  • Green Energy EfficientAppliances, Construction, HVAC, Lighting, Thermostat

Financial

  • Other Expense0
  • Parcel Number01-41-37-078-2110
  • Public Survey Range41
  • Public Survey Section37
  • Public Survey Township41
  • Tax Annual Amount9,430
  • Tax Legal Description398 NE 5TH STREET CONDO UNIT 2007 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Tax Year2025

Location

  • MLS Area MajorMap Of Miami Dade Co. Fl.
  • Number Of Units In Community646
  • Postal Code33132
  • Postal Code Plus42071
  • Street Direction PrefixNE
  • Street Name5th St
  • Street Number398
  • Street Number Numeric398
  • Subdivision NameMAP OF MIAMI DADE CO. FL.
  • Unit Number2007
  • Unparsed Address398 NE 5th St # 2007, Miami FL 33132

Features & Amenities

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Meet your agent

AD

Alvaro Del Busto

Listing Agent · EXP Realty LLC

BrokerageEXP Realty LLC
Agent MLS ID3352528
Office MLS IDEXPP01

Get in touch

+1 786 795 6008Send a message

Office · 888-883-8509

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Listing courtesy of EXP Realty LLC

MLS# A12055966 · Listing agent Alvaro Del Busto · Data last updated August 3, 2026

ADAlvaro Del Busto
KSKirill ShapkinContact

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