$650,000
398 NE 5th St # 2007, Miami FL 33132
Miami, FL, 33132
- Year Built
- 2022
- Garage
- 1 spaces
- Property Type
- Condominium
- HOA Fee
- $600/mo
- Annual Taxes
- $9,430/yr
- MLS #
- A12055966
Listing courtesy of EXP Realty LLC · 888-883-8509
Listed by Alvaro Del Busto
Last updated: Jul 21, 2026
Overview
Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007 Fully 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.
Features
Interior
Exterior
Heating
Cooling
Parking
View
Appliances
est.$4,673/mo
Est. payment based on a $650,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
Similar Properties
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.