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For Sale
Listed on July 20, 2026

398 NE 5TH ST, Unit 2007

$650,000
1 Beds
1 Baths
442 sqft
1 Parking
HOA fees:
$600
Annual Tax:
$9,430
Occupancy:
Contact Agent
Year Built:
2022
Stories:
49
Days on market:
2 days ago

Description

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.
EXP Realty LLC

Features & Details

Learn about the features and details of 398 NE 5TH ST, Unit 2007

Property Details

  • Property Type
    Condominium
  • Living Area
    442 sqft
  • Year Built
    2022
  • Lot Size
    -
  • Stories
    49 Stories
  • Annual Tax
    $9,430
  • List Date
    7/20/2026
  • Updated
    7/20/2026
  • Last Checked
    Recent
  • MLS Number
    #A12055966
  • Brokerage
    EXP Realty LLC
  • Postal Code
    33132
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $650,000
  • Unit Number
    2007
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    1 Car Garage
  • Parking Type
    Valet
  • Pets Allowed
    Yes
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    Association,Heated
  • Patio
    Balcony,Open
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    Dryer, Dishwasher, Electric range, Microwave, Washer
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    1 Bed, 1 Bath
  • Bedrooms
    1
  • Full Bathrooms
    1
  • Ensuite
    Yes
  • Bathrooms
    1
  • Flooring
    Mixed

Price history

Learn about the price history of 398 NE 5TH ST, Unit 2007

Amenities

Discover the amenities available at 398 NE 5TH ST, Unit 2007

  • Beach rights
  • Business center
  • Clubhouse
  • Fitness center
  • Barbecue
  • Picnic area

Building details

Check more details about the Elser Hotel and Residences building

Main building photo
Elser Hotel and Residences condo
For sale: 52
|
For rent: 22
View Details

Real estate trends

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Explore Miami-Dade

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FAQs About Elser Hotel and Residences - 398 NE 5TH ST, Unit 2007

398 NE 5TH ST, Unit 2007, MLS® A12055966 has a size of 442 sqft.

There are 1 bedrooms and 1 bathrooms in this Condo at 398 NE 5TH ST, Unit 2007, MLS® A12055966.

Yes, there is parking available with 1 spot(s).

Annual taxes for this home are $9,430 based on 2025 tax year reports.

The monthly HOA fees covers water for the unit.

The building's pet policy is as follows: Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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398 NE 5TH ST, Unit 2007
398 NE 5TH ST, Unit 2007