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1 Bed
1 Bath
442 sqft

$699,000

398 NE 5th Street 2805, Miami FL, 33132

Price per sqft$1,581.45
Built in2022
Property size442 sqft
Property typeCondominium

Overview

Active

Listed Oct 8, 2026

Updated 19h ago

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 Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

$4,650/mo

Est. mortgage payment based on a $699,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
A12103466

Interior Features

Bedrooms
1
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$10,703
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
View
Yes
Pets Allowed
Yes
New Construction
Yes
Furnished
Yes
Waterfront
Yes
55+/Senior Community
Yes

Listed with Cays LLC

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 4:10 AM UTC, 10/9/2026

 

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