Features & Amenities

Interior

  • Other Interior Features

    Elevator, Other, Bar

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    No

Exterior

  • Garage

    No

  • Construction Materials

    Brick Veneer, Block

  • Other Exterior Features

    Balcony, Other

  • Parking

    Other

  • Pool

    Yes

  • Pool Features

    Association

  • Waterfront YN

    NO

  • View

    Ocean, Other

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Stock Cooperative

  • Architectural Style

    Other

Price

  • Sales Price

    $1,600,000

  • Tax Amount

    $22,186

  • Sq. Footage

    1, 135

  • Price/SqFt

    $1,409

HOA

  • Association

    Yes

  • Association Fee

    $1,307

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    49

  • Association Amenities

    Beach Rights, Fitness Center, Pool, Sauna, Spa/Hot Tub, Elevator(s), Parking

  • Senior Community YN

    NO

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Listing Courtesy of Ana Osorio De Vega PA , EXP Realty LLC

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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.

398 NE 5th St 2418

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