398 NE 5th St #2418, Miami, FL 33132
As of , this 3 bedroom, 3 bath condo at The Elser Hotel & Residences is for sale at $1,600,000 ($1,410 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- Condo
- Year built
- 2022
- HOA fee
- $1,307 / month
- Property tax
- $22,186 (2025)
- View
- Ocean, Other
- Waterfront
- No
- Pets
- No pets
- Cooling
- Central Air
- Heating
- Central
- MLS number
- A11972846
Listing information
Listing courtesy of EXP Realty LLC, 888-883-8509, a.shahin.broker@exprealty.net
Listing agent: Ana Maria Osorio De Vega, ana@theanavegagroup.com
BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.
MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
Attention Investors: Short-Term Rental Approved Residence at The ElserExceptional 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.
The text above is the listing description from the MLS, as written by the listing agent.
The building
The Elser Hotel & ResidencesAs of , The Elser Hotel & Residences has 53 condos for sale, most from $525,000 to $1,379,000, and 24 for rent. The median asking price is $1,411 per sq ft.See all units and prices in this buildingThe Miami market
As of , the median asking price in Miami is $639,000, or $497 per sq ft, across 8,404 listings for sale. The median listing for sale there has been on the market for 90 days.
Price and status history
- Listing date
- Days on market
- 228
- Original list price
- $1,600,000
- Price changes
- 0
| Date | Event | Price |
|---|---|---|
| Listed | $1,600,000 |
From the MLS. RealVista does not show sold prices.
