398 NE 5th St, #2805

Miami, FL 33132

398 NE 5th St, #2805

Miami, FL 33132

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami's most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

Location

Listing Courtesy of Cays LLC

Property Information

General Information
    General Information
  • For Lease: No
  • Pet Restrictions : No
  • County Or Parish : Miami-Dade
  • Zip Code : 33132
  • City : Miami
  • List Price : $699,000
    Maintenance / Tax Information
  • Tax Amount : $10,703
  • Tax Year : 2025
  • Membership Required : Yes
    Building Information
  • Property Type : Residential
  • Subdivision : MAP OF MIAMI DADE CO. FL.
Virtual Tour / Features / Utilities
    Interior
  • Room Count : 0
  • Equipment Appliances : Dryer, Dishwasher, Disposal
  • Floor Description : CeramicTile
  • Interior Features : Breakfast Area, Eat In Kitchen, Elevator, First Floor Entry, Living Dining Room, Other, Bar
  • Beds Total : 1
  • Num of Full Baths : 1
  • Num of Half Baths : 0.0
  • Furnished : Furnished
  • Spa : No
    Exterior
  • Exterior Features : Other
  • Design : Other
  • Pool : No
  • Windows Treatment : ImpactGlass
  • Security : DoorMan, ElevatorSecured, FireAlarm, WindowBars
    Parking
  • Parking Description : OneSpace
    Utilities
  • Cooling Description : Other
  • Heating Description : Electric, Other
Property / Lot Information
    Community Information
  • Association Fee: $680
  • Assoc Fee Paid Per: Monthly
    Building Information
  • Parcel Number Free Text: 01-41-37-078-1510
  • Num Garage Spaces: 1
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398 NE 5th St, #2805 is a waterfront condo for sale in Miami, FL 33132. This property was listed for sale on Oct 08, 2026 by Cays LLC for $699,000. Located in MAP OF MIAMI DADE CO. FL. is a 1-bed, 1-bath, 442 ft² / 41 m² sqft condo built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and expressly disclaim any liability in connection therewith. No financial or legal advice provided and fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

The data provided by Miami Association of REALTORS® MLS comes from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All data provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Miami Association of Realtors MLS data last updated on Oct 30, 2026.

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