Map
Listed price in listed location currency (USD).
$650,000

011

MLS® A12055966

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 442 sqft
Garage Yes
Maintenance Fees $600
Taxes $9,430
Days Active 6
Approx. Age 2022
Avg. Price Per Sqft $1,470
MLS® Number A12055966

Property Address: 2007-398 Ne 5th St, Miami, FL, 33132-2053

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007Fully furnished, turnkey studio residence at The Elser, ideally positioned with sweeping views of the Kaseya Center skyline and partial Biscayne Bay water views. This designer-finished unit features a king-size bed, sofa bed, full kitchen, in-unit washer/dryer, and secure keyless entry — ready to generate income from day one.Enrolled in The Elser's professionally managed short-term rental program with a proven, documented income history, this is a rare opportunity to own real, verified cash flow rather than a projection. Investor-friendly building with flexible daily, weekly, and long-term rental permissions.Residents and guests enjoy resort-caliber amenities including a wraparound rooftop pool with bar and restaurant, two-story fitness center, 24/7 concierge, valet parking, and Beach Club access.Unbeatable Downtown Miami location steps from Kaseya Center, Bayside Marketplace, the Brightline station, and Biscayne Bay, bringing global demand to Downtown Miami's short-term rental market.Whether for personal use, a pied-à-terre, or a high-performing investment asset, Unit 2007 offers a rare blend of location, view, and income potential in one of Miami's most in-demand condo-hotel addresses.
MLS® NumberA12055966
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age2022
Stories49
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 20, 2026List Date
$650,000List Price
Mar 12, 2025End Date
$575,000Sold Price

Sold

Oct 22, 2024List Date
$575,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $383,000 and $784,000.
Similar properties in this area sold on average for: $383,000
Expected to sell in 169 days. Similar properties sold in 175 days. This home has been on Zoocasa for 6 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
398 Ne 5Th St, Miami, FL

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