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.
- Swimming Pool
- Heating System
- Cooling System
- View
- Pet Allowed:
- No
- Security
- Patio:
- Balcony, Open
- Appliances
- Architectural Style
- Association Amenities
- Parking Features
- 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''
- 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
- 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
