398 NE 5th St # 2418 Miami FL 33132 MLS #A11972846
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.

Property Details

Price:
$1,600,000
MLS #:
A11972846
Status:
Active
Beds:
3
Baths:
3
Address:
398 NE 5th St # 2418
Type:
Single Family
Subtype:
Stock Cooperative
Subdivision:
MAP OF MIAMI DADE CO. FL.
Neighborhood:
mapofmiamidadecofl
City:
Miami
Listed Date:
Mar 6, 2026
State:
FL
Finished Sq Ft:
1,135
Total Sq Ft:
1,135
ZIP:
33132
Year Built:
2022

Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Central

Exterior

Association Amenities
Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/ Hot Tub
Construction Materials
Concrete Block Construction, Brick Veneer
Exterior Features
Other, Open Balcony
Parking Features
Other
Security Features
Smoke Detector, No Security

Financial

HOA Fee
$1,307
HOA Frequency
Monthly
Tax Year
2025
Taxes
$22,186

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby

398 NE 5th St # 2418
Miami, FL