398 NE 5th Street #2418 Miami, FL 33132

$1,600,000
3
Beds
3
Baths
1,135
SQFT
1410
$/SQFT
$1,600,000
3
Beds
3
Baths
1,135   sf
$1410 / sf
Favorite

active
1/34
virtual tour iconVirtual Tour
Street View

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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Miami-Dade County
  • Area
    Map Of Miami Dade Co. Fl.
  • HOA Dues
    $1,307/mo
  • Tax Amount
    $22,186
  • Status
    Active
  • Listing #
    A11972846
  • Built
    2022
  • Listed on site
    137 days
  • Listing Agent Id
    3408477
  • Listing Agent Phone
    561-225-4604

Listed by:
EXP Realty LLC

Source:
MIAMI MLS

Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • Has HOA
rating icon
FAIR DEAL
NEW!
Favorite

Tour This Home

Wed
22Jul
Thu
23Jul
Fri
24Jul
Sat
25Jul
Sun
26Jul
Mon
27Jul
Tue
28Jul
Wed
29Jul
Thu
30Jul
Fri
31Jul
Sat
01Aug
Sun
02Aug
Mon
03Aug
Tue
04Aug
in Person
via Video Call