398 NE 5th St #2007, Miami FL 33132

The Elser Residences

$539,000
0 Bedrooms
1 Bathroom
442 SQFT
$1,219 / SQFT

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Thomas Pichet
Thomas Pichet
+1 561-945-4345
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$539,000
398 NE 5th St #2007, Miami FL 33132
The Elser Residences
0 Beds
1 Baths
442 SQFT

Key Information

Unit 2007
Floor 20
Year Built 2022
Building Name The Elser Residences
Neighborhood Downtown Miami
HOA Fee $600/Monthly
Price/sqft $1,219/sqft
DOM 76 Days
Status Active

Description

NEW PRICE — Turnkey investment opportunity at The Elser with documented rental history and immediate participation in the building’s established hotel rental program. Unit 2007 is a fully furnished 442 SF hotel unit offering Kaseya Center skyline and partial Biscayne Bay views, a king-size bed, sofa bed, full kitchen, in-unit washer/dryer and secure keyless entry. Unlike purchasing new construction and waiting for completion, this is a completed 2022 property with an operating rental program and actual rental history available for buyer review. The unit is currently enrolled in The Elser’s professionally managed short-term rental program, offering flexible daily, weekly and long-term rentals together with personal-use flexibility. Amenities include a wraparound pool deck, bar and restaurant, two-story fitness center, 24/7 concierge, valet parking and Beach Club access. Ideally located in Downtown Miami near Kaseya Center, Bayside Marketplace, Brightline and Biscayne Bay.

Property Information

  • Price: $539,000
  • Prices/sqft: $1,219/sqft
  • HOA Fee: $600/Monthly
  • Tax Year: 2025
  • Tax annual amount: $9,430

  • Property subtype : Condominium
  • Property type : residential
  • MLS # : A12055966
  • Stories: 49

  • Design Description: High Rise
  • Construction: Block
  • Year Built Details: Effective Year Built

  • Pets Allowed: Conditional, Yes

  • Pool Features: Association, Heated

  • City: Miami
  • County: Miami-Dade
  • State: FL
  • Parcel Number: 01-41-37-078-2110
  • Subdivision Complex Bldg: MAP OF MIAMI DADE CO. FL.

  • Garage Spaces: 1.0
  • Parking Description: Valet

  • Heating Description: Central
  • Cooling Description: Central Air

  • Room Count: 0
  • Interior Features: Built In Features, Bedroom On Main Level, Closet Cabinetry, First Floor Entry, Living Dining Room, Bar
  • Equipment Appliances: Dryer, Dishwasher, Electric Range, Microwave, Washer
  • Security features: Door Man, Elevator Secured, Fire Alarm, Secured Garage Parking, Lobby Secured, Security Guard, Fire Sprinkler System
  • Exterior Features: Balcony, Security High Impact Doors
  • Patio and Porch Features: Balcony, Open
  • Windows treatment: Blinds, Thermal Windows, Impact Glass

Contact

Thomas Pichet
Thomas Pichet
CEO & Broker
+1 561-945-4345
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