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398 NE 5th St, Unit 2418, Miami, FL 33132

$1,600,000
  • 398 NE 5th St, Unit 2418, Miami, FL 33132 Main Photo

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Active
BEDS3 BATHS3 full SQUARE FEET1,135 MLS#A11972846
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONMAP OF MIAMI DADE CO FL

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 citys 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.

398 NE 5th St, Unit 2418 | MLS# A11972846

This home located at 398 NE 5th St, Unit 2418, Miami, FL 33132 is currently listed for sale with an asking price of $1,600,000. This property was built in 2022 and has 3 bedrooms and 3 full baths with 1135 sq. ft. NE 5th St, Unit 2418 is located in the MAP OF MIAMI DADE CO FL subdivision. Search MAP OF MIAMI DADE CO FL real estate on www.realty100.com today.

Property Features

Property Type: Residential -
Cooling: Central Air
Heating: Central
Stories: 49.0
Taxes: $22,186
Year Built: 2022

Amenities

Closet Cabinetry
Elevator
Skylight
Other
Open Balcony

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Association Amenities: Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
Crops Included Y/N: No
Days on Site: 44
Door Features: High Impact Doors
Exterior: Concrete Block Construction, Brick Veneer
Flooring: Tile
HOA Fee: 1307/ Monthly
Home Warranty Y/N: No
Hot Tub: Yes
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional, FHA, VA Loan
Parcel#: 01-41-37-078-5890
Parking: Other
Parking Notes: Other
Patio/Porch: Open Balcony
Pets Allowed: No
Property Attached Y/N: Yes
Property Sub-Type: Stock Cooperative
Sauna: Yes
Security: Smoke Detector, No Security
Special View Info: Ocean View, Other View
Window: Skylight

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC
Agency Phone: 888-883-8509

Shown By

Agency Title: Realty 100
Agency Phone: 954-859-2100

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Estimated Payment

$ 5,876.41 per month $3,560.91 Principal & Interest $1,848.83 Property Tax $466.67 Homeowner's Insurance

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