398 Ne 5th St Unit #2418, Miami, FL 33132

$1,600,000
3
BD
3
BA
1,135
SqFt

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List Price
$1,600,000
MLS#
A11972846
Bedrooms
3
Bathrooms
3
Sq. Ft
1,135
Subtype
Stock Cooperative
County
Miami-Dade
Community
Map Of Miami Dade Co. Fl.
Subdivision
Map Of Miami Dade Co. Fl.
Year Built
2022

Property Description

Attention Investors: Short-Term Rental Approved Residence at The Elser Exceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential. This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of Biscayne Bay and the Miami skyline. Contemporary finishes include a modern kitchen with stainless steel appliances, custom cabinetry, and elegant bathrooms with frameless glass showers. Delivered fully furnished and turnkey, the residence is ready for immediate personal use or rental income. The spacious 3-bedroom layout is especially attractive for short-term rentals and group travel, maximizing occupancy and rental potential. Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, sauna, concierge services, and lounge areas. Located steps from Bayfront Park, the waterfront, dining, entertainment, and major attractions, this property benefits from strong year-round tourism demand. With daily rentals permitted according to condominium regulations, owners can maximize income. Miami will host seven FIFA World Cup matches in 2026, driving some of the highest short-term rental demand in the city.

Additional Information

Hoa
Yes
Hoa Amount
1307
Pets Allowed
Yes
Status Label
ACTIVE
Unit Floor Number
24
Construction
Concrete Block Construction, Brick Veneer
Cooling
Central Air
Equipment
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Flooring
Tile
Heating
Central
Parking
Other
Bedroom Description
Other
Security
Smoke Detector, No Security
Taxes
$22,186
View
Ocean View, Other View
Unit Number
2418
Total Floors
49
Stories
49
Price Per Sqft
$1,409

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Listing Courtesy Of EXP Realty LLC, Contact: