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.

Features
Swimming Pool
Heating System
Cooling System
View
Pet Allowed:
No
Security
Patio:
Balcony, Open
Appliances
Architectural Style
Association Amenities
Parking Features
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33132
Street:
398 Ne 5th St 2418, Miami, Florida 33132
Longitude:
W81° 48' 38.7''
Latitude:
N25° 46' 43.7''
MLS Addon
Association Fee:
$1,307
Association Fee Frequency:
Monthly
Bathrooms Total:
3
Building Area:
1,135 Sqft
Building Features:
Exterior Lighting
Construction Materials:
Block, Brick Veneer
Cumulative DOM:
263
Exterior Features
Flooring:
Tile
Interior Features
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash,Conventional,FHA,VA Loan
Parcel Number:
01-41-37-078-5890
Stories Total:
49
Subdivision Name:
MAP OF MIAMI DADE CO. FL.
Tax Annual Amount:
$22,186
Tax Year:
2025
Virtual Tour:
Click Here
Window Features:
Skylight(s)

Residential For Sale

398 Ne 5th St 2418, Miami, Florida 33132, Miami, Florida 33132

3 Bedrooms
3 Bathrooms
1,135 Sqft
$1,600,000
MLS # #A11972846
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Price :
$1,600,000
Bedrooms :
3
Bathrooms :
3
Square Footage :
1,135 Sqft
Year Built :
2022
MLS # :
A11972846
Property Sub Type :
Stock Cooperative
Agent info
Contact Agent