Property Description
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.
Details
| List Price: | $1,600,000 |
|---|---|
| Unit: | # 2418 |
| Address: | 398 5th St #2418 Miami FL 33132 |
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Living Area (f2): | 1,135 |
| Living Area (M2): | 105 |
| Year Built: | 2022 |
| Waterfront: | n/a |
|---|---|
| Taxes: | $22,186 (2025) |
| Association Fee: | $1,307 (Monthly) |
| Complex: | The Elser |
| Days On Market: | 8 days |
| Pets Allowed: | No: No |
| Parking Spaces: | 0 |
| Parking Features: | Other |
Property Amenities
Building Amenities
- Bar
- Elevator(s)
- Exercise Room
- Exterior Lighting
- Pool
- Private Beach Pavilion
- Sauna
- Spa/Hot Tub
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Electric Range
- Refrigerator
- Washer
Interior Features
- Closet Cabinetry
- Elevator
- Skylight
Exterior Features
- Other
- Open Balcony
Security Features
- Smoke Detector
- No Security
