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- Pink Miami
- Miami
- 398 NE 5th St, Unit 2418
For Sale
Listed on March 6, 2026
398 NE 5th St, Unit 2418
$1,600,000
3 Beds
3 Baths
1,135 sqft
0 Parkings
HOA FeesHOA fees
$1,307
Annual Tax
$22,186
Occupancy
Vacant
Year Built
2022
Stories
49
Days on market
1 day ago
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.
EXP Realty LLC
Features & Details
Learn about the features and details of 398 NE 5th St, Unit 2418
Property Details
- Property TypeStockCooperative
- Living Area1,135 sqft
- Year Built2022
- Lot Size-
- Stories49 Stories
- Annual Tax$22,186.00
- List Date3/6/2026
- Updated3/6/2026
- Last CheckedRecent
- MLS Number#A11972846
- BrokerageEXP Realty LLC
- Postal Code33132
- AreaMiami-Dade
- CityMiami
Additional Property Features
- OccupancyVacant
- List Price$1,600,000.00
- Unit Number2418
- ConstructionBrickVeneer,Block
- HeatingCentral
- Fireplaces-
- Garage-
- Parking TypeOther
- Pets AllowedNo
- Air ConditioningCentral Air
- ElevatorYes
- LockerNo
- Swimming PoolAssociation
- PatioBalcony,Open
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedWater, Cable
- FurnishedNo
- Assessment Year2025
- AssignmentNo
- Extras IncludedDryer, Dishwasher, Electric range, Electric water heater, Disposal, Microwave, Refrigerator, Washer
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths3 Bed, 3 Bath
- Bedrooms3
- Full Bathrooms3
- EnsuiteYes
- Bathrooms3
- FlooringMixed
Price history
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Amenities
Discover the amenities available at 398 NE 5th St, Unit 2418
- Beach rights
- Fitness center
- Pool
- Sauna
- Spa hot tub
- Elevators
Real estate trends
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Explore Miami-Dade
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FAQs About 398 NE 5th St, Unit 2418
398 NE 5th St, Unit 2418, MLS® A11972846 has a size of 1135 sqft.
There are 3 bedrooms and 3 bathrooms in this Condo at 398 NE 5th St, Unit 2418, MLS® A11972846.
Annual taxes for this home are $22,186 based on 2025 tax year reports.
The monthly HOA fees covers water and parking for the unit.
The building's pet policy is as follows: No. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
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 2418
398 NE 5th St, Unit 2418












