398 NE 5th Street Unit 2007, Miami, FL 33132

$650,000
1
BA
442
SqFt

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List Price
$650,000
Days on Market
9
MLS#
A12055966
Full Bathrooms
1
Sq. Ft
442
Subtype
Condominium
County
Miami-Dade
Subdivision
Map Of Miami Dade Co. Fl.
Year Built
2022

Property Description

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007Fully furnished, turnkey studio residence at The Elser, ideally positioned with sweeping views of the Kaseya Center skyline and partial Biscayne Bay water views. This designer-finished unit features a king-size bed, sofa bed, full kitchen, in-unit washer/dryer, and secure keyless entry — ready to generate income from day one.Enrolled in The Elser's professionally managed short-term rental program with a proven, documented income history, this is a rare opportunity to own real, verified cash flow rather than a projection. Investor-friendly building with flexible daily, weekly, and long-term rental permissions.Residents and guests enjoy resort-caliber amenities including a wraparound rooftop pool with bar and restaurant, two-story fitness center, 24/7 concierge, valet parking, and Beach Club access.Unbeatable Downtown Miami location steps from Kaseya Center, Bayside Marketplace, the Brightline station, and Biscayne Bay, bringing global demand to Downtown Miami's short-term rental market.Whether for personal use, a pied-à-terre, or a high-performing investment asset, Unit 2007 offers a rare blend of location, view, and income potential in one of Miami's most in-demand condo-hotel addresses.

Additional Information

Garage Spaces
1
Hoa
Yes
Hoa Amount
600
Pets Allowed
Yes
Construction
Block
Cooling
Central Air
Heating
Central
Restrict
SeeRemarks
Security
Security System, Elevator Secured, Fire Alarm, Fire Sprinkler System, Secured Garage/Parking, Lobby Secured, Security Guard
Taxes
$9,430
View
Bay
Amenities
Beach Rights, Business Center, Clubhouse, Fitness Center, Maintenance Grounds, Management, Picnic Area, Playground, Pool, Sauna, Spa/Hot Tub, Elevator(s)
Stories
49
Price Per Sqft
$1,470
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington

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Listing courtesy of EXP Realty LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Alvaro Andres Del Busto | Email: alvaro@floridarealtyguru.com