Aquantis Realty

No photos available

Offered at

$1,600,000

398 NE 5th Street 2418, Miami, FL 33132

3
Beds
3
Full Baths
1,135
Sq.Ft.
MLS A11972846

Listing courtesy of Ana Maria Osorio De Vega PA, EXP Realty LLC

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.

Overview

At a glance

Property Type
Residential
Property Sub-Type
Stock Cooperative
Address
398 NE 5th Street 2418, Miami, FL 33132
MLS ID
A11972846
Listing Date
2026-03-06
Last Updated
5/31/2026, 1:05:03 PM
Days on Market
110
Subdivision
MAP OF MIAMI DADE CO. FL.

Features & Amenities

The Details

Interior

Bedrooms
3
Full Bathrooms
3
Half Bathrooms
0
Flooring
Tile
Appliances
Electric Water Heater, Dryer, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Interior Features
Elevator, Closet Cabinetry
Windows
Skylight(s)

Exterior

Construction
Block, Brick Veneer
Exterior Features
Lighting, Other, Balcony
Garage Spaces
0
Cooling
Central Air
Heating
Central
Security
Smoke Detector(s), None

Details

Building Area
1,135 sq.ft.
Subdivision
MAP OF MIAMI DADE CO. FL.
Architectural Style
Other
Stories
49
Year Built
2022
View
Other, Ocean
County
Miami-Dade

Financial

List Price
$1,600,000
Original List Price
$1,600,000
Annual Tax
$22,186/yr
Tax Year
2025
Association Fee
$1,307

Location

Your agent

Stephanie Mordes

Stephanie Mordes

VP — Sales

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Information & Accuracy

All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.