398 NE 5th, #2116

Miami, FL 33132

398 NE 5th, #2116

Miami, FL 33132

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.

Location

Listing Courtesy of United Realty Group Inc

Property Information

General Information
    General Information
  • For Lease: No
  • Pet Restrictions : No
  • County Or Parish : Miami-Dade
  • Zip Code : 33132
  • City : Miami
  • List Price : $599,000
    Maintenance / Tax Information
  • Tax Amount : $9,386
  • Tax Year : 2025
  • Membership Required : No
    Building Information
  • Property Type : Residential
  • Subdivision : MAP OF MIAMI DADE CO. FL.
    School Information
  • Elementary School : Frederick Douglass
  • Middle School : Jose De Diego
  • Senior High School : Booker T. Washington
Virtual Tour / Features / Utilities
    Interior
  • Room Count : 0
  • Equipment Appliances : Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Floor Description : Tile
  • Interior Features : Built In Features, Bedroom On Main Level, Closet Cabinetry, Vaulted Ceilings, Walk In Closets, Bar
  • Beds Total : 0
  • Num of Full Baths : 1
  • Num of Half Baths : 0.0
  • Furnished : Furnished
  • Spa : No
    Exterior
  • Exterior Features : Balcony, Lighting, Outdoor Living Area
  • Construction Type : Block
  • Pool : No
  • Pool Description : Association
  • Security : SecuritySystem, FireAlarm, SecuredGarageParking, KeyCardEntry, SecurityGuard
    Parking
  • Parking Description : Valet
    Utilities
  • Cooling Description : CentralAir
  • Heating Description : Central
Property / Lot Information
    Community Information
  • Association Fee: $557
  • Assoc Fee Paid Per: Monthly
    Building Information
  • Parcel Number Free Text: 0141370785180
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398 NE 5th, #2116 is a waterfront condo for sale in Miami, FL 33132. This property was listed for sale on Feb 13, 2026 by United Realty Group Inc for $599,000. Located in MAP OF MIAMI DADE CO. FL. is a 0-bed, 1-bath, 362 ft² / 34 m² sqft condo built in 2022.

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