398 NE 5th St 2805

About this home

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from…

Facts & features

MLS ID

A12103466

Property type

Condominium

Neighborhood

Miami

Building

The Elser Hotel & Residences

Year built

2022

Beds

1

Baths

1

Interior

442 sq ft

Price per sq ft

$1,581

HOA

$680 per month

Furnished

Furnished

Pets

Yes — cats and dogs

Waterfront

Yes

Covered parking

1

Floor

28

Listed

Oct 5, 2026

Days on market

3

Property tax

$10,703 per year (2025)

Financing accepted

Cash, Conventional

Listing conditions

Listed as is

Appliances

Dishwasher, Disposal, Dryer

Interior features

Bar, Breakfast area, Eat in kitchen, Elevator, First floor entry, Living dining room

Flooring

Ceramic tile

Windows

Impact glass

Parking

One space

Security

Door man, Elevator secured, Fire alarm, Window bars

Heating

Electric

HOA covers

Amenities, Cable TV

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 2805