398 NE 5th Street 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
- County
- Miami-Dade
- Garage spaces
- 0
- HOA fee
- $1,307 · Monthly
- Annual property taxes
- $22,186
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- Style
- "Other"
- Appliances & Equipment
- "Electric Water Heater" · "Dishwasher" · "Disposal" · "Dryer" · "Electric Range" · "Microwave" · "Refrigerator" · "Washer"
- Bathrooms
- 3 full bathrooms · 3 total decimal bathrooms · 3 total bathrooms
- Bedrooms
- 3 total bedrooms
- Building
- Built in 2022 · Architectural style: "Other" · Living area: 1135 · Construction materials: "Block", "Brick Veneer" · Toal building area: 1135
- Cooling
- "Central Air"
- Exterior Features
- "Balcony" · "Lighting"
- Floors
- "Tile"
- Heating
- "Central"
- Home Owner's Association
- Association fee: $1,307 · Association fee frequency: Monthly · Association fee includes: "Recreation Facility", "Pool Service", "Cable TV", "Common Areas", "Elevator", "Insurance", "Maintenance Structure", "Sewer", "Trash", "Water" · Association amenities: "Maintenance", "Pool", "Bar", "Elevator(s)", "Fitness Center", "Parking", "Private Beach Pavilion", "Sauna", "Spa/Hot Tub"
- Interior Features
- "Closet Cabinetry" · "Elevator"
- Pets Policy
- Pets allowed: "No"
- Property
- View: "Ocean", "Other"
- Windows
- "Skylight(s)"
- Elementary school
- Frederick Douglass
- High school
- Booker T. Washington
About this home
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.
Courtesy of EXP Realty LLC 888-883-8509
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.