398 NE 5th St # 2116 Miami FL 33132 MLS #A11963081

398 NE 5th St # 2116
Miami, FL, 33132
$599,000
Beds
1 Baths
362 SqFt
0 Acres
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MLS #A11963081 image #0
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.

Property Details

Price:
$599,000
MLS #:
A11963081
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
MAP OF MIAMI DADE CO. FL.
Neighborhood:
mapofmiamidadecofl
Listed Date:
Feb 13, 2026
Finished Sq Ft:
362
Total Sq Ft:
362
Year Built:
2022
High RiseWaterfrontThe ElserMap Of Miami Dade Co. Fl.MapofmiamidadecoflMap Of Miami Dade Co. Fl.BayDaily Rentals Allowed,ok To LeaseRestrictions Or Possible Restrictions

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Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
Built-in Features, Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior

Architectural Style
High Rise
Association Amenities
Bar, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool
Construction Materials
Concrete Block Construction, CBS Construction
Exterior Features
Open Balcony
Parking Features
Valet, No Rv/Boats, No Trucks/Trailers
Patio And Porch Features
Open Balcony
Security Features
Fire Alarm, Card Entry, Secured Garage/Parking, Guard At Site, Lobby Secured
View
Bay
Window Features
High Impact Windows

Financial

HOA Fee
$557
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$9,386

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Condo in Miami as of May 01, 2026
4,734
Condo Listed
157
Avg DOM
674
Avg $ / SqFt
$1,008,610
Avg List Price

Property Summary

    Located in the MAP OF MIAMI DADE CO. FL. subdivision, 398 NE 5th St # 2116 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $599,000 and features 0 beds, 1 baths, and has approximately 362 square feet of living space, and was originally constructed in 2022. The current price per square foot is $1,655. The average price per square foot for Condo listings in Miami is $674. The average listing price for Condo in Miami is $1,008,610. To schedule a showing of MLS#a11963081 at 398 NE 5th St # 2116 in Miami, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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