398 NE 5th St 2112

About this home

Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don’t miss out on this premier property in Miami’s luxury market.

Facts & features

MLS ID

A12039725

Property type

HotelMotel

Neighborhood

Miami

Building

The Elser Hotel & Residences

Year built

2022

Baths

1

Interior

341 sq ft

Price per sq ft

$2,079

HOA

$445 per month

Pets

No

Waterfront

No

Covered parking

1

Floor

21

Listed

Jun 18, 2026

Property tax

$9,820 per year (2025)

Financing accepted

Cash, Conventional

Listing conditions

Listed as is

Appliances

Dryer, Electric range, Electric water heater, Microwave, Refrigerator, Washer

Interior features

Bar, First floor entry, Shower only

Exterior features

Balcony, Barbecue, Security high impact doors

Flooring

Ceramic tile

Windows

Blinds

Parking

One space, Valet

Pool

Association, Heated

Security

Elevator secured, Fire alarm, Lobby secured, Smoke detectors

Heating

Central, Electric

Cooling

Central air, Electric

HOA covers

Amenities, Common areas, Pools

Schools

Zoned public schools by county attendance boundary. Boundaries change — confirm enrollment eligibility with the school district before relying on this. Letter grades and School of Excellence designations are the Florida Department of Education’s, each for the year shown beside it.

Elementary

Douglass, Frederick ElementaryB2025-26Florida Department of Education school grade B, 2025-26 school year

Middle

de Diego, Jose MiddleB2025-26Florida Department of Education school grade B, 2025-26 school year

High

Washington, Booker T. Senior HighB2025-26Florida Department of Education school grade B, 2025-26 school year

Location

398 NE 5th St 2112