398 NE 5th St Unit 2418, Miami, FL 33132
$1,600,000 · Active
MLS #A11972846
- Price
- $1,600,000
- Status
- Active
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,135 sq ft
- Home type
- Stock Cooperative
- Year built
- 2022
- Full bathrooms
- 3
- Half bathrooms
- 0
- HOA
- Yes
- County
- Miami-Dade County
- Garage spaces
- 0
- HOA fee
- $1,307 · Monthly
- Annual property taxes
- $22,186
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- Appliances & Equipment
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
- Bathrooms
- Full Bathrooms: 3 · Bathrooms Total: 3
- Bedrooms
- Total Bedrooms: 3 · Features: Other
- Building
- Living Area: 1135 · Construction Materials: Concrete Block Construction, Brick Veneer · Year Built: 2022 · Year Built Details: Resale · Building Area Total: 1135 · Building Name: The Elser · Entry Level: 24 · Structure Type: Condo 5+ Stories, Co-Op
- Cooling
- Cooling: Central Air
- Exterior Features
- Features: Other, Open Balcony · Patio/Porch: Open Balcony
- Floors
- Flooring: Tile
- Heating
- Heating: Central
- Home Owner's Association
- Fee: $1,307 · Fee Frequency: Monthly · Amenities: Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
- Interior Features
- Features: Closet Cabinetry, Elevator, Skylight
- Parking
- Features: Other
- Property
- Leasable Area Units: Square Feet · Property Attached · View · View: Ocean View, Other View
- Windows
- Features: Skylight
About this home
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.
Courtesy of EXP Realty LLC.
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.