398 NE 5th St # 2805, Miami, FL 33132

Description of 398 NE 5th St # 2805, Miami, FL 33132

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

Property Details for 398 NE 5th St # 2805, Miami, FL 33132

Bathrooms Full

1

Bathrooms Half

0

Interior Features

First Floor Entry, Bar, Elevator

Appliances

Dishwasher, Disposal, Dryer

Flooring

Ceramic Floor

Heating

Electric, Other

Cooling

Other

Furnished

Furnished

Garage Spaces

1

Parking Features

1 Space

Pool Private

No

Year Built Details

Effective Year Built

Property Condition

New Construction

Building Information for 398 NE 5th St # 2805, Miami, FL 33132

Building Name

The ELSER Residances

Building Area Total

442

Building Area Units

Square Feet

Stories Total

49

Entry Level

28

Association

Yes

Association Fee

$680

Association Fee Frequency

Monthly

Association Amenities

Bar, Business Center, Cabana, Elevator(s), Exercise Room, Spa/Hot Tub

Security Features

Doorman, Elevator Secure, Fire Alarm, Grillwork

Property Information for 398 NE 5th St # 2805, Miami, FL 33132

Waterfront

Yes

Waterfront Features

Intracoastal Front

View

Intracoastal View, Other View, Skyline, Water View

Exterior Features

Other

New Construction

No

Public Records for 398 NE 5th St # 2805, Miami, FL 33132

Parcel Number

01-41-37-078-1510

Tax Annual Amount

$10,703

Tax Year

2025

Tax Legal Description

398 NE 5TH STREET CONDO UNIT 2805 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33146-1520

County Or Parish

Miami-Dade County

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