398 NE 5th Street Unit 2418, Miami, FL 33132

$1,600,000
3
BD
3
BA
1,135
SqFt

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List Price
$1,600,000
MLS#
A11972846
Bedrooms
3
Bathrooms
3
Sq. Ft
1,135
Subtype
Stock Cooperative
County
Miami-Dade
Subdivision
Map Of Miami Dade Co. Fl.
Region
2420
Year Built
2022

Property Description

Attention Investors: Short-Term Rental Approved Residence at The ElserExceptional 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.

Additional Information

Hoa Fee
$1,307
Hoa Freq
Monthly
Heating
Central
Cooling
Central Air
Exterior Features
Balcony, Lighting, Outdoor Living Area, Other
Flooring
Tile
Construction
Brick Veneer, Block
Living Area
1,135
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington
Pets Allowed
No

Listing courtesy of EXP Realty LLC. Contact:

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