398 NE 5th St # 1518, Miami, FL 33132

Description of 398 NE 5th St # 1518, Miami, FL 33132

Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS—offering the flexibility of Airbnb and daily rentals. What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations. For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management. Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances. Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!

Property Details for 398 NE 5th St # 1518, Miami, FL 33132

Bathrooms Full

3

Bathrooms Half

0

Interior Features

Lobby, Elevator

Appliances

Dishwasher, Electric Range, Microwave, Refrigerator

Flooring

Concrete, Tile

Heating

Central

Cooling

Central Air

Furnished

Furnished

Architectural Style

Corner Unit, High Rise

Garage Spaces

1

Parking Features

1 Space, No Rv/Boats, No Trucks/Trailers

Pool Private

Yes

Year Built Details

New Construction

Property Condition

New Construction

Building Information for 398 NE 5th St # 1518, Miami, FL 33132

Building Name

THE ELSER

Building Area Total

1127

Building Area Units

Square Feet

Entry Level

15

Association

Yes

Association Fee

$1,300

Association Fee Frequency

Monthly

Association Amenities

Exercise Room, Pool, Private Beach Pavilion, Private Pool, Sauna, Spa/Hot Tub

Pets Allowed

Yes

Security Features

Lobby Secured, TV Camera

Property Information for 398 NE 5th St # 1518, Miami, FL 33132

Waterfront

Yes

View

Bay

Construction Materials

CBS Construction

Exterior Features

Open Balcony

New Construction

Yes

Public Records for 398 NE 5th St # 1518, Miami, FL 33132

Parcel Number

01-41-37-078-5800

Tax Annual Amount

$23,078

Tax Year

2025

Tax Legal Description

398 NE 5TH STREET CONDO UNIT 1518 UNDIV 0.2854% INT IN COMMON ELEMENTS OFF REC 33416-1520

County Or Parish

Miami-Dade County

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