Property Description
Prime investment opportunity at The Elser Hotel & Residences in the heart of Downtown Miami. Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals—ideal for investors seeking strong income potential in Miami’s high-demand short-term rental market. Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns. Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit. A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.
Details
| List Price: | $599,000 |
|---|---|
| Unit: | # 2116 |
| Address: | 398 5th St #2116 Miami FL 33132 |
| Bedrooms: | 0 |
| Bathrooms: | 1 |
| Living Area (f2): | 362 |
| Living Area (M2): | 34 |
| Year Built: | 2022 |
| Waterfront: | n/a |
|---|---|
| Taxes: | $9,386 (2025) |
| Association Fee: | $557 (Monthly) |
| Complex: | The Elser |
| Days On Market: | 20 days |
| Pets Allowed: | Yes: Restrictions Or Possible Restrictions |
| Parking Spaces: | 0 |
| Parking Features: | Valet No Rv/Boats No Trucks/Trailers |
Property Amenities
Building Amenities
- Bar
- Barbecue
- Business Center
- Clubhouse-Clubroom
- Elevator(s)
- Exercise Room
- Exterior Lighting
- Pool
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Electric Range
- Refrigerator
- Washer
Interior Features
- Built-in Features
- Closet Cabinetry
- Vaulted Ceiling(s)
- Walk-In Closet(s)
Exterior Features
- Open Balcony
Security Features
- Fire Alarm
- Card Entry
- Secured Garage/Parking
- Guard At Site
- Lobby Secured
