Home/Search/398 NE 5th St # 2418, Miami FL 33132
398 NE 5th St # 2418, Miami FL 331321 / 34
For Sale
Stock Cooperative

$1,600,000

398 NE 5th St # 2418, Miami FL 33132

3

Bedrooms

3

Bathrooms

1,135

Sq Ft

About This Property

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.

Property Details

MLS #:A11972846
Price:$1,600,000
Status:For Sale
Days on Market:187
Date Listed:Mar 6, 2026
Bedrooms:3
Total Bathrooms:3
Full Bathrooms:3
Half Bathrooms:0
Living Area:1135 sqft
Building Area:1135 sqft
Price per Sqft:$1,410/sqft
Year Built:2022
Property Type:Residential
Property Sub Type:Stock Cooperative

Bedrooms:3
Full Bathrooms:3
Half Bathrooms:0
Heating:Central
Cooling:Central Air
Appliances:Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Flooring:Tile
Interior Features:Closet Cabinetry, Elevator, Skylight
Window Features:Skylight
Door Features:High Impact Doors
Security Features:Smoke Detector, No Security
Stories:49
Virtual Tour:Available

Construction Materials:Concrete Block Construction, Brick Veneer
Structure Type:Condo 5+ Stories, Co-Op
Exterior Features:Other, Open Balcony
Patio/Porch:Open Balcony
View:Ocean View, Other View

Parking Features:Other
Garage Spaces:0
Covered Spaces:0

HOA:Yes
HOA Fee:$1,307/Monthly
HOA Amenities:Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
Pets Allowed:No

Area/Region:Map Of Miami Dade Co. Fl.

Price per Sqft:$1,410/sqft
Annual Tax Amount:$22,186
Tax Year:2025
Listing Terms:All Cash, Conventional, FHA, VA Loan
Parcel Number:01-41-37-078-5890
Legal Description:398 NE 5TH STREET CONDO UNIT 2418 UNDIV 0.2874% INT IN COMMON ELEMENTS OFF REC 33416-1520
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REsource

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Listing courtesy of EXP Realty LLC. Data last updated September 9, 2026 at 03:58 PM.