398 NE 5th St # 2007, Miami FL 33132

Description of 398 NE 5th St # 2007, Miami FL 33132

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007 Fully furnished, turnkey studio residence at The Elser, ideally positioned with sweeping views of the Kaseya Center skyline and partial Biscayne Bay water views. This designer-finished unit features a king-size bed, sofa bed, full kitchen, in-unit washer/dryer, and secure keyless entry — ready to generate income from day one. Enrolled in The Elser's professionally managed short-term rental program with a proven, documented income history, this is a rare opportunity to own real, verified cash flow rather than a projection. Investor-friendly building with flexible daily, weekly, and long-term rental permissions. Residents and guests enjoy resort-caliber amenities including a wraparound rooftop pool with bar and restaurant, two-story fitness center, 24/7 concierge, valet parking, and Beach Club access. Unbeatable Downtown Miami location steps from Kaseya Center, Bayside Marketplace, the Brightline station, and Biscayne Bay, bringing global demand to Downtown Miami's short-term rental market. Whether for personal use, a pied-à-terre, or a high-performing investment asset, Unit 2007 offers a rare blend of location, view, and income potential in one of Miami's most in-demand condo-hotel addresses.

Property Details for 398 NE 5th St # 2007, Miami FL 33132

Bathrooms Full

1

Bathrooms Half

0

Interior Features

First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers

Appliances

Dishwasher, Dryer, Electric Range, Microwave, Washer

Heating

Central

Cooling

Central Air

Architectural Style

High Rise

Garage Spaces

1

Parking Features

Valet

Pool Private

No

Year Built Details

Effective Year Built

Property Condition

New Construction

Building Information for 398 NE 5th St # 2007, Miami FL 33132

Building Name

The Elser

Building Area Total

442

Building Area Units

Square Feet

Stories Total

49

Entry Level

20

Association

Yes

Association Fee

$600

Association Fee Frequency

Monthly

Association Amenities

Bar, Barbecue, Business Center, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub

Security Features

Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Secured Garage/Parking, Guard At Site, Lobby Secured, Security Patrol

Property Information for 398 NE 5th St # 2007, Miami FL 33132

Lot Size Square Feet

0

Waterfront

No

View

Bay

Construction Materials

CBS Construction

Exterior Features

Open Balcony

New Construction

No

Public Records for 398 NE 5th St # 2007, Miami FL 33132

Parcel Number

01-41-37-078-2110

Tax Annual Amount

$9,430

Tax Year

2,025

Tax Legal Description

398 NE 5TH STREET CONDO UNIT 2007 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520

County Or Parish

Miami-Dade County

Location