Overview
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.
Virtual Tour
Address
- Street398 5th St #2007
- CityMiami
- SubdivisionMAP OF MIAMI DADE CO. FL.
- CountyMiami-Dade County
- StateFL
- Zip33132
- MLS #A12055966
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
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
Alvaro Del Busto
Listing Agent · EXP Realty LLC
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