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A11972846, Condo #2418 for Sale in The ELSER Residences, Miami

398 NE 5th St #2418, Miami, FL, 33132
SALE
$1,600,000
Est. Mortgage: $7,195/mo Get pre-qualified
74 of 76 for Sale
3 Beds
3 Baths
1,135 ft2 (105 m2)
Taxes: $22,186 per year, Maintenance: $1,307 Monthly
Listed on: Mar 6, 2026
Days on Market: 7
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Condo #2418 Floor Plan

398 NE 5th St #2418, Miami, FL, 33132 Attention Investors: Short-Term Rental Approved Residence at The Elser Exceptional 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.

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A11972846 Condo #2418 for Sale in The ELSER Residences, Miami
398 NE 5th St #2418, Miami, FL, 33132
  • Listed on:

    Mar 6, 2026
  • Days on Market:

    7
  • Maintenance:

    $1,307 per month
  • Taxes:

    $22,186 per year
  • Year:

    2022
  • Furniture:

    n/a
  • Floor Description:

  • Occupancy:

    n/a
  • Terms Considered:

    All Cash, Conventional, FHA, VA Loan
  • Pets Allowed:

    n/a
  • View from Apartment:

    Ocean View, Other View
  • Parking:

    Other
  • Maintenance Includes:

    • All Amenities
    • Building Exterior
    • Cable Tv
    • Common Area
    • Elevator
    • Insurance
    • Parking
    • Pool Service
    • Recreation Facilities
    • Sewer
    • Trash Removal
    • Water
  • Amenities:

    • Bar
    • Elevator(s)
    • Exercise Room
    • Exterior Lighting
    • Pool
    • Private Beach Pavilion
    • Sauna
    • Spa/Hot Tub
  • Appliances:

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

Description

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