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Oppenheim Realty
398 NE 5th Street Unit 2418, Miami, FL 33132
- $1,600,000
- 3
- BD
- 3
- BA
- 1,135
- SqFt
- List Price
- $1,600,000
- Days on Market
- 228
- MLS#
- A11972846
- Bedrooms
- 3
- Full Bathrooms
- 3
- Sq. Ft
- 1,135
- Subtype
- Stock Cooperative
- County
- Miami-Dade
- Subdivision
- Map Of Miami Dade Co. Fl.
- Year Built
- 2022
Property Description
Attention Investors: Short-Term Rental Approved Residence at The ElserExceptional 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.
Additional Information
- Hoa
- Yes
- Hoa Amount
- 1307
- Pets Allowed
- No
- Construction
- Brick Veneer, Block
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central
- Restrict
- Other Restrictions, OK To Lease, Short Term Rentals Allowed
- Security
- None, Smoke Detector(s)
- Taxes
- $22,186
- View
- Ocean, Other
- Amenities
- Beach Rights, Fitness Center, Maintenance Grounds, Pool, Parking, Sauna, Spa/Hot Tub, Elevator(s)
- Stories
- 49
- Price Per Sqft
- $1,409
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
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Listing courtesy of EXP Realty LLC. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Ana Maria Osorio De Vega | Email: ana@theanavegagroup.com