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For Sale
Listed on February 13, 2026

398 NE 5TH ST, Unit 2116

$599,000
0 Beds
1 Baths
362 sqft
0 Parkings
HOA fees
$557
Annual Tax
$9,386
Occupancy
Tenant
Year Built
2022
Stories
49
Days on market
14 days ago

Description

Prime investment opportunity at The Elser Hotel & Residences in the heart of Downtown Miami. Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals—ideal for investors seeking strong income potential in Miami’s high-demand short-term rental market. Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns. Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit. A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.
United Realty Group Inc

Features & Details

Learn about the features and details of 398 NE 5TH ST, Unit 2116

Property Details

  • Property Type
    Condominium
  • Living Area
    362 sqft
  • Year Built
    2022
  • Lot Size
    -
  • Stories
    49 Stories
  • Annual Tax
    $9,386.00
  • List Date
    2/13/2026
  • Updated
    2/16/2026
  • Last Checked
    Recent
  • MLS Number
    #A11963081
  • Brokerage
    United Realty Group Inc
  • Postal Code
    33132
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $599,000.00
  • Unit Number
    2116
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    Valet
  • Pets Allowed
    Conditional,Yes
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    Association
  • Patio
    Balcony,Open
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    Dryer, Dishwasher, Electric range, Disposal, Microwave, Refrigerator, Washer
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 1 Bath
  • Bedrooms
    0
  • Full Bathrooms
    1
  • Ensuite
    Yes
  • Bathrooms
    1
  • Flooring
    Mixed

Price history

Learn about the price history of 398 NE 5TH ST, Unit 2116

Amenities

Discover the amenities available at 398 NE 5TH ST, Unit 2116

  • Business center
  • Clubhouse
  • Fitness center
  • Barbecue
  • Picnic area
  • Pool

Building details

Check more details about the Elser Hotel and Residences building

Main building photo
Elser Hotel and Residences condo
For sale: 71
|
For rent: 22
View Details

Real estate trends

View trends of price in Miami over the last 12 months

Explore Miami-Dade

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FAQs About Elser Hotel and Residences - 398 NE 5TH ST, Unit 2116

398 NE 5TH ST, Unit 2116, MLS® A11963081 has a size of 362 sqft.

There are 0 bedrooms and 1 bathrooms in this Condo at 398 NE 5TH ST, Unit 2116, MLS® A11963081.

Annual taxes for this home are $9,386 based on 2025 tax year reports.

The building's pet policy is as follows: Conditional,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 2116
398 NE 5TH ST, Unit 2116