398 NE 5th St # 2116 Miami FL 33132 | MLS #A11963081
398 NE 5th St # 2116
Miami, FL, 33132
$599,000
Beds
1 Baths
362 SqFt
0 Acres
$599,000
398 NE 5th St # 2116
Miami, FL, 33132
MLS #A11963081 image #0MLS #A11963081 image #1MLS #A11963081 image #2MLS #A11963081 image #3MLS #A11963081 image #4MLS #A11963081 image #5MLS #A11963081 image #6MLS #A11963081 image #7MLS #A11963081 image #8MLS #A11963081 image #9MLS #A11963081 image #10
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.

Property Details

Price:
$599,000
MLS #:
A11963081
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
MAP OF MIAMI DADE CO. FL.
Neighborhood:
mapofmiamidadecofl
Listed Date:
Feb 13, 2026
Finished Sq Ft:
362
Total Sq Ft:
362
Year Built:
2022
High RiseWaterfrontThe ElserMap Of Miami Dade Co. Fl.MapofmiamidadecoflMap Of Miami Dade Co. Fl.BayDaily Rentals Allowed,ok To LeaseRestrictions Or Possible Restrictions

Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
Built-in Features, Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior

Architectural Style
High Rise
Association Amenities
Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool
Construction Materials
Concrete Block Construction, CBS Construction
Exterior Features
Open Balcony
Parking Features
Valet, No Rv/Boats, No Trucks/Trailers
Patio And Porch Features
Open Balcony
Security Features
Fire Alarm, Card Entry, Secured Garage/Parking, Guard At Site, Lobby Secured
View
Bay
Window Features
High Impact Windows

Financial

HOA Fee
$557
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$9,386
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Map

Current real estate data for Condo in Miami as of Oct 21, 2026
5,008
Condo Listed
162
Avg DOM
696
Avg $ / SqFt
$995,263
Avg List Price

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Property Summary

    Located in the MAP OF MIAMI DADE CO. FL. subdivision, 398 NE 5th St # 2116 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $599,000 and features 0 beds, 1 baths, and has approximately 362 square feet of living space, and was originally constructed in 2022. The current price per square foot is $1,655. The average price per square foot for Condo listings in Miami is $696. The average listing price for Condo in Miami is $995,263.
398 NE 5th St # 2116
Miami, FL