Home›398 NE 5th Street 2116, Miami, FL 33132

Residential in Miami

Prime investment opportunity at The Elser Hotel & Residences in the heart of Downtown Miami. Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals—ideal for investors seeking strong income potential in Miami’s high-demand short-term rental market. Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns. Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit. A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.

Property Highlights

View

  • Bay

Cooling

  • Central Air

Heating

  • Central

Flooring

  • Tile

Amenities

  • Bar
  • Business Center
  • Clubhouse
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Pool

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Range
  • Microwave
  • Refrigerator
  • Washer

Possession

  • Negotiable

Water View

  • Bay

Pets Allowed

  • Pet Restrictions Possible

Restrictions

  • Parking - No Trailer
  • Parking - No Truck

Water Access

  • None

Listing Terms

  • Cash
  • Conventional

Balcony Details

  • Balcony - Open

ParkingFeatures

  • Valet

Pets Allowed YN

  • Yes

Tax Information

  • CityCounty

Association Type

  • Condominium

ExteriorFeatures

  • Balcony
  • Lighting

InteriorFeatures

  • Built-in Features
  • Closet Cabinetry
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Parking Features

  • Valet

SecurityFeatures

  • Fire Alarm
  • Key Card Entry
  • Secured Garage/Parking
  • Security Guard
  • Security System

Unit Description

  • Studio
  • High Rise

Exterior Features

  • Lighting

Interior Features

  • Built-in Features
  • Closet Cabinetry
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Security Features

  • Fire Alarm
  • Key Card Entry
  • Secured GarageParking
  • Security Guard
  • Security System

Master BedroomBath

  • Bedroom On Entry Level

Property Condition

  • Resale

WaterfrontFeatures

  • None
  • Bay

Special Information

  • Sold As-Is

Waterfront Features

  • Bay

AssociationAmenities

  • Maintenance
  • Pool
  • Bar
  • Business Center
  • Clubhouse
  • Elevator(s)
  • Fitness Center
  • Picnic Area

Showing Requirements

  • 24 Hour Notice
  • Appointment Only

Association Amenities

  • Maintenance

Outdoor Living Spaces

  • Balcony

Construction Materials

  • Block
  • CBS

Application Information

  • 1-2 Weeks Approval
  • Association Approval Required

Association Fee Includes

  • Common Areas
  • Elevator
  • Insurance
  • Maintenance Grounds
  • Maintenance Structure
  • Pool Service
  • Security
  • Sewer
  • Trash

Leasing Permitted Details

  • Okay To Lease
  • Short Term Rentals Allowed

Property Details

Property TypeResidential
StyleCondominium
Year Built2022
CountyMiami-Dade
SubdivisionMAP OF MIAMI DADE CO. FL.
Living Area362 sq ft
Bedrooms0
Baths1
Half Baths0
WaterfrontYes
Unit Number2116
HOA Fee$557 / Monthly
HOA IncludesPool Service, Common Areas, Elevator, Insurance, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash
Annual Tax$9,386 (2025)
Special AssessmentNo
Pets AllowedPet Restrictions Possible, Yes
Listing OfficeUnited Realty Group Inc
Listing AgentGabriela Melo
Office Phone954-450-2000

398 NE 5th Street 2116, Miami, FL 33132, Miami, FL 33132