398 Ne 5th St Unit #2418, Miami, FL 33132
- $1,600,000
- 3
- BD
- 3
- BA
- 1,135
- SqFt
- List Price
- $1,600,000
- MLS#
- A11972846
- Complex Name
- The Elser
- Status
- ACTIVE
- Type
- Condo
- Bedrooms
- 3
- Full baths
- 3
- Living Area
- 1,135
Property Description
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.
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Additional Information
- Days on Market
- 189
- Interior Features
- Closet Cabinetry, Elevator, Skylight
- Tax Amount
- $22,186
- Parcel Number
- 01-41-37-078-5890
- Bedroom Description
- Other
- Exterior Features
- Other, Open Balcony
- Association Fee
- $1307
- Unit View
- Ocean View, Other View
- Parking Restrictions
- Other
- Pet Restrictions
- No
- Pets Allowed
- Yes
- Unit Number
- 2418
- SqFt Liv Area
- 1,135
- Amenities
- Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
- Year Built
- 2022
- Style
- Condo 5+ Stories, Co-Op
- Restrictions
- Corporate Buyer OK, Daily Rentals Allowed, Ok To Lease
- Development Name
- Map Of Miami Dade Co. Fl.
- Construction Type
- Concrete Block Construction, Brick Veneer
- Section
- 37
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Listing Courtesy of EXP Realty LLC, Contact: