Basic Information

  • MLS # RX-11094556
  • Type Condominium
  • Status Active
  • Subdivision/Complex The Elser
  • Year Built 2022
  • Total Sqft 439
  • Date Listed 05/29/2025
  • Days on Market 37
Description

Enjoy the best of both worlds--own your Miami pied-a-terre and generate income through the on-site hotel rental program whenever you're away! Experience the perfect blend of luxury and investment at The Elser Hotel & Residences in Downtown Miami! This fully furnished studio offers modern decor, a king-size bed, pull-out couch, and a sleek kitchen with high-end appliances. Enjoy stunning views of Biscayne Bay and Miami Beach. Approved for short-term rentals (Airbnb/VRBO), it's ideal for INVESTORS and VACATIONERS alike. Amenities include a wrap-around pool, 2-story gym, rooftop lounge, valet, and concierge. Steps from Bayside, Kaseya Center, Port of Miami, and more. Own a turn-key gem in the heart of Miami's most vibrant neighborhood!

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Trash
  • Elevators

Exterior Features

  • Waterfront Yes
  • Parking Spaces 1
  • Pool No
  • View Bay
  • Construction Type Block
  • Waterfront Description Bayfront
  • Parking Description Assigned, Covered
  • Exterior Features Balcony
  • Style Condominium

Interior Features

  • Adjusted Sqft 439Sq.Ft
  • Cooling Description Central Air, Electric
  • Equipment Appliances Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer Dryer, Washer
  • Floor Description Tile
  • Heating Description Central, Electric
  • Interior Features Closet Cabinetry
  • Sqft 439 Sq.Ft

Property Features

  • Address 398 NE 5th St #2503
  • Aprox. Lot Size 439
  • Association Fee Frequency Monthly
  • City Miami
  • Community Features Gated, Pool
  • Construction Materials Block
  • County Miami- Dade
  • Covered Spaces 1
  • Furnished Info yes
  • Garage 1
  • Listing Terms Cash, Conventional
  • Parking Features Assigned, Covered
  • Patio And Porch Features Balcony, Open
  • Pets Allowed Yes
  • Pool Features None, Association, Community
  • Possession Close Of Escrow
  • Postal City Miami
  • Public Survey Township 41
  • HOA Fees $455
  • Subdivision Complex The Elser
  • Subdivision Info The Elser
  • Tax Amount $11,179
  • Tax Legal desc 398 N E5 T H S T R E E T C O N D O U N I T2503 U N D I V0.1112% I N T I N C O M M O N E L E M E N T S O F F R E C33416-1520
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Condominium
  • View Bay
  • Water Source Well
  • Window Features Impact Glass
  • Year Built Details Resale
  • Waterfront Description Bayfront

398 NE 5th St #2503

Miami, FL 33132

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Heartland Realty Group LLC. tel: (561) 324-4232

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