Home/Search/398 NE 5th St # 2805, Miami FL 33132
398 NE 5th St # 2805, Miami FL 331321 / 8
For Sale
Condominium
Waterfront

$699,000

398 NE 5th St # 2805, Miami FL 33132

1

Bedrooms

1

Bathrooms

442

Sq Ft

About This Property

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

Property Details

MLS #:A12103466
Price:$699,000
Status:For Sale
Days on Market:4
Date Listed:Oct 5, 2026
Bedrooms:1
Total Bathrooms:1
Full Bathrooms:1
Half Bathrooms:0
Living Area:442 sqft
Building Area:442 sqft
Price per Sqft:$1,581/sqft
Year Built:2022
Property Type:Residential
Property Sub Type:Condominium

Bedrooms:1
Full Bathrooms:1
Half Bathrooms:0
Heating:Electric, Other
Cooling:Other
Appliances:Dishwasher, Disposal, Dryer
Flooring:Ceramic Floor
Interior Features:First Floor Entry, Bar, Elevator
Window Features:High Impact Windows, Impact Glass
Security Features:Doorman, Elevator Secure, Fire Alarm, Grillwork
Stories:49
Virtual Tour:Available

Structure Type:Condo-Hotel, Condo
Exterior Features:Other
Waterfront:Yes – Intracoastal Front
View:Intracoastal View, Other View, Skyline, Water View

Parking Features:1 Space
Garage Spaces:1
Covered Spaces:1

HOA:Yes
HOA Fee:$680/Monthly
HOA Amenities:Bar, Business Center, Cabana, Elevator(s), Exercise Room, Spa/Hot Tub

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

Price per Sqft:$1,581/sqft
Annual Tax Amount:$10,703
Tax Year:2025
Listing Terms:All Cash, Conventional
Parcel Number:01-41-37-078-1510
Legal Description:398 NE 5TH STREET CONDO UNIT 2805 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520
REsource

REsource

Real Estate Source Company

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Listing courtesy of Cays LLC. Data last updated October 9, 2026 at 04:00 AM.