398 NE 5th St # 2418, Miami, FL 33132

About This Home

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.

Property Details

Bathrooms Full

3

Bathrooms Half

0

Interior Features

Closet Cabinetry, Elevator, Skylight

Appliances

Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer

Flooring

Tile

Heating

Central

Cooling

Central Air

Garage Spaces

0

Parking Features

Other

Building & Association

Building Name

The Elser

Stories Total

49

Entry Level

24

Association

Yes

Association Fee

$1,307

Association Fee Frequency

Monthly

Association Amenities

Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub

Pets Allowed

No

Security Features

Smoke Detector, No Security

Lot & Construction

Lot Size Square Feet

0

Waterfront

No

View

Ocean View, Other View

Construction Materials

Concrete Block Construction, Brick Veneer

Exterior Features

Other, Open Balcony

New Construction

No

Public Records

Parcel Number

01-41-37-078-5890

Tax Annual Amount

$22,186

Tax Year

2,025

County Or Parish

Miami-Dade County

Location