Condo in Miami, FL 33132
The Elser Hotel & Residences, 398 NE 5th St #2007

Own in The Elser Hotel & Residences?

Overview Features True Comps Price History Payment Location Similar Homes

Own in The Elser Hotel & Residences?

$539,000

$111K

Estimate Payment $4,111 Closing Costs

Studio

Beds

Baths

442

SqFt

$1,219

$/SqFt

2022Year Built

$1,219/SqFtPrice per sq ft

$600/moHOA Fees

1 carParking Spaces

BayView

NEW PRICE — Turnkey investment opportunity at The Elser with documented rental history and immediate participation in the building’s established hotel rental program. Unit 2007 is a fully furnished 442 SF hotel unit offering Kaseya Center skyline and partial Biscayne Bay views, a king-size bed, sofa bed, full kitchen, in-unit washer/dryer and secure keyless entry. Unlike purchasing new construction and waiting for completion, this is a completed 2022 property with an operating rental program and actual rental history available for buyer review. The unit is currently enrolled in The Elser’s professionally managed short-term rental program, offering flexible daily, weekly and long-term rentals together with personal-use flexibility. Amenities include a wraparound pool deck, bar and restaurant, two-story fitness center, 24/7 concierge, valet parking and Beach Club access. Ideally located in Downtown Miami near Kaseya Center, Bayside Marketplace, Brightline and Biscayne Bay.

Listing Courtesy Of: EXP Realty LLC

Local Realty Services Provided By: Best of Luxury Realty

On Site: 111 DaysUpdated: 48 Days agoPage Views: 0

Bedrooms

Bedrooms: No info

Bathrooms

Bathrooms: 1
Half Bathrooms: No info

Exterior and Lot Features

Exterior Features: Balcony, SecurityHighImpactDoors
View: Bay

Interior, Heating and Cooling

Interior Features: BuiltInFeatures, BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry, LivingDiningRoom, Bar
Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Washer
Heating Description: Central
Cooling Description: CentralAir

Building and Construction

Windows/Treatment: Blinds, ThermalWindows, ImpactGlass
Year Built: 2022
Year Built Description: Effective Year Built
Style: HighRise

Waterfront and Water Access

Waterfront Frontage: No info

School Information

Other Property Info

Garage: 1
Listing Date: 2026-07-20T13:27:07.000-00:00
Pets Allowed: Conditional,Yes

Taxes, Fees & More

Maintenance Includes: AssociationManagement, Amenities, CommonAreas, Internet, MaintenanceGrounds, MaintenanceStructure, Pools, RecreationFacilities, ReserveFund, Roof, Sewer, Security, Trash, Water
Taxes: 9430
Security Information: DoorMan, ElevatorSecured, FireAlarm, SecuredGarageParking, LobbySecured, SecurityGuard, FireSprinklerSystem
Parking Description: Valet
Total Floors in Building: 49
Total Units in Complex: 646