Attention Investors: Short-Term Rental Approved Residence at The

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Condo For Sale

398 NE 5th St 2418

Miami, Florida 33132

Miami-Dade County Ocean View: Yes

Community: Map Of Miami Dade Co Fl

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$1,600,000 3 br, 3.0 bath 1135 sq. ft. 0.000 acres

Attention Investors: Short-Term Rental Approved Residence at The Elser

Exceptional 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.

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 1135
  • Year Built: 2022
  • Utilities: 
  • Fireplaces: 
  • Stories: 49
  • Heat/AC: Central
  • Garage: Other
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: Ocean, Other
  • Yard: 
  • Siding: Block, Brick, Brick Veneer
  • Roof: 
  • Property Taxes: $22,186
  • Yearly HOA Fee: $15,684
  • MLS #: A11972846
  • Unit Number: 2418
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Contact Information:
Beach Condo For Sale in Miami, Florida
Listing Agent: Ana Osorio De Vega PA, EXP REALTY LLC, 561-225-4604, 888-883-8509 Listing Site, Listing Status: Active
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7367583
Viewed 30 times.
Updated: Apr 09, 2026

This property is a Condo located at 398 NE 5th St 2418, Miami, Florida 33132, and is currently For Sale at $1,600,000. This Condo has 3 bedrooms, 3.0 baths, 1135 sq ft.