398 NE 5th ST #2418, Miami, FL 33132
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Sofia Nina

Sofia Nina

+1(754) 277-0580
$ 1,600,000
Est. payment /mo
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Active

398 NE 5th ST #2418 Miami, FL 33132

3 Beds

3 Baths

1,135 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Stock Cooperative

Listing Status Active

Purchase Type For Sale

Square Footage 1,135 sqft

Price per Sqft $1,409

Subdivision Map Of Miami Dade Co. Fl.

MLS Listing ID A11972846

Style Other

Bedrooms 3

Full Baths 3

Construction Status Resale

HOA Fees $1,307/mo

HOA Y/N Yes

Total Fin. Sqft 1135

Year Built 2022

Annual Tax Amount $22,186

Tax Year 2025

Property Sub-Type Stock Cooperative

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.

Location

State FL

County Miami-dade

Area 2410

Interior

Interior Features Closet Cabinetry, Elevator, Other, Bar

Heating Central

Cooling Central Air

Flooring Tile

Fireplace No

Window Features Skylight(s)

Appliance Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Balcony, Lighting, Outdoor Living Area, Other

Pool Association

Amenities Available Beach Rights, Fitness Center, Maintenance Grounds, Pool, Parking, Sauna, Spa/Hot Tub, Elevator(s)

View Y/N Yes

View Ocean, Other

Porch Open, Balcony

Garage No

Building

Story 49

Architectural Style Other

Unit Floor 24

Structure Type Brick Veneer,Block

New Construction No

Construction Status Resale

Schools

Elementary Schools Frederick Douglass

Middle Schools Jose De Diego

High Schools Booker T. Washington

Others

Pets Allowed No

HOA Fee Include Common Areas,Cable TV,Insurance,Maintenance Structure,Pool(s),Recreation Facilities,Sewer,Trash,Water

Senior Community No

Restrictions Other Restrictions

Tax ID 0141370785890

Security Features None,Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Membership Fee Required false

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Listed As-Is

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11972846

BeachesMLS, Inc. (FLR) IDX
Listed by Ana Maria Osorio De Vega PA EXP Realty LLC

NEARBY SCHOOLS & PROPERTIES

Sofia Nina

Sofia Nina

Advisor | License ID: 3524728

+1(754) 277-0580

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398 NE 5th ST #2418