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$1,600,0003 Beds3 Baths1,135 Sq. Ft.$1,410 / sq. ft.

398 NE 5th St # 2418, Miami FL 33132

Miami, FL 33132 · The Elser

Status
Active
Type
Stock Cooperative
Year Built
2022
Days on Market
92
MLS #
A11972846
County
Miami-Dade County

Description of 398 NE 5th St # 2418, Miami FL 33132

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 for 398 NE 5th St # 2418, Miami FL 33132

Bathrooms Full
3
Bathrooms Half
0
Interior Features
Closet Cabinetry, Elevator, Skylight
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Flooring
Tile
Heating
Central
Cooling
Central Air
Garage Spaces
0
Parking Features
Other
Pool Private
No
Year Built Details
Resale

Building Information for 398 NE 5th St # 2418, Miami FL 33132

Building Name
The Elser
Building Area Total
1135
Building Area Units
Square Feet
Stories Total
49
Entry Level
24
Association
Yes
Association Fee
$1,307
Association Fee Frequency
Monthly
Association Amenities
Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
Pets Allowed
No
Security Features
Smoke Detector, No Security

Property Information for 398 NE 5th St # 2418, Miami FL 33132

Lot Size Square Feet
0
Waterfront
No
View
Ocean View, Other View
Construction Materials
Concrete Block Construction, Brick Veneer
Exterior Features
Other, Open Balcony
New Construction
No

Public Records for 398 NE 5th St # 2418, Miami FL 33132

Parcel Number
01-41-37-078-5890
Tax Annual Amount
$22,186
Tax Year
2,025
Tax Legal Description
398 NE 5TH STREET CONDO UNIT 2418 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520
County Or Parish
Miami-Dade County

Location

398 NE 5th St # 2418, Miami FL 33132 · More homes in Miami

Courtesy of EXP Realty LLC

More information about 398 NE 5th St # 2418, Miami FL 33132

398 NE 5th St # 2418 is a stock cooperative for sale in Miami, FL 33132. This property was listed for sale on March 6, 2026 by EXP Realty LLC, it's currently listed at $1,600,000. This listing's school district is Miami-Dade County Public Schools. 398 NE 5th St # 2418 is a 3-bed, 3-bath, 1,135 sqft stock cooperative built in 2022.