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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 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 Type
    StockCooperative
  • Living Area
    1,135 sqft
  • Year Built
    2022
  • Lot Size
    -
  • Stories
    49 Stories
  • Annual Tax
    $22,186.00
  • List Date
    3/6/2026
  • Updated
    3/6/2026
  • Last Checked
    Recent
  • MLS Number
    #A11972846
  • Brokerage
    EXP Realty LLC
  • Postal Code
    33132
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    Vacant
  • List Price
    $1,600,000.00
  • Unit Number
    2418
  • Construction
    BrickVeneer,Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    Other
  • Pets Allowed
    No
  • Air Conditioning
    Central Air
  • Elevator
    Yes
  • 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
    Water, Cable
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    Dryer, Dishwasher, Electric range, Electric water heater, Disposal, Microwave, Refrigerator, Washer
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    3 Bed, 3 Bath
  • Bedrooms
    3
  • Full Bathrooms
    3
  • Ensuite
    Yes
  • Bathrooms
    3
  • Flooring
    Mixed

Price history

Learn about the price history of 398 NE 5th St, Unit 2418

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

View trends of price in Miami over the last 12 months

Explore Miami-Dade

Learn about the area around 398 NE 5th St, Unit 2418

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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.
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 2418
398 NE 5th St, Unit 2418