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398 NE 5th St Apt 2418, Miami, FL - photo 1
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398 NE 5th St Apt 2418, Miami, FL - photo 2
398 NE 5th St Apt 2418, Miami, FL - photo 3
398 NE 5th St Apt 2418, Miami, FL - photo 4
398 NE 5th St Apt 2418, Miami, FL - photo 5
+29

$1,600,000

3 beds3 baths1,135 sqft|A11972846 MLS#

398 NE 5th St Apt 2418, Miami, FL 33132

Est.$9,600/moGet pre-qualified

Stock Cooperative

Residential

Built in

2022

Lot size

N/A

Price/sqft

$1410

HOA

$1307/mo

Listed by: Ana Maria Osorio De Vega 561-225-4604, EXP Realty LLC 888-883-8509

Source:Beaches MLS (RAPB)|MLS #A11972846

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Preferred Brokerage Partner

Kinsfolk Realty

Kinsfolk Signature Realty

What's special

Attention Investors: Short-Term Rental Approved Residence at The ElserExceptional 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.

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Facts & features

Bedrooms & bathrooms

  • Bedrooms:3
  • Bathrooms:3
  • Full bathrooms:0

Heating

  • Has Heating:Yes

Interior area

  • Total structure area:1,135 sqft
  • Total interior livable area:1,135 sqft

Parking

  • Parking features:N/A
  • Garage spaces:0
  • Has attached garage:No

Lot

  • Size:N/A

Details

  • Parcel number:N/A

Type & style

  • Home type:Stock Cooperative
  • Property subtype:Residential

Materials

  • • N/A

Condition

  • Year built:2022

Contact agent

Price history

DateEventPrice
2026-03-06T00:00:00.000ZListed for sale$1,600,000$1410/sqft

Data Powered by Home Junction, Inc.

Nearby

Schools

MIAMI DADE COLLEGE - MITCHELL WOLFSON CAMPUS

0.1 mi

NEW WORLD SCHOOL OF THE ARTS

High · 0.3 mi

SCHOOL FOR ADVANCED STUDIES-WOLFSON

High · 0.3 mi

Supermarkets

Miami Souvenirs

0.2 mi

Crew Shop

0.2 mi

Red Apple Market

0.2 mi

Dining

Bubba Gump Shrimp Co.

0.1 mi

Mambo Bayside Miami

0.2 mi

Macondo Coffee Roasters

0.3 mi

Parks

Dan Paul Park

0.3 mi

Bayfront Park

0.3 mi

Maurice A. Ferré Park

0.4 mi

Beaches

Hobie Island Beach

2.3 mi

Hobie Island Beach Park

2.5 mi

South Pointe Beach

3.7 mi

Nearby amenity locations include data © OpenStreetMap contributors.