$699,000
1 bd · 1 ba · 442 sq ft · Condominium
398 NE 5th St # 2805, Miami FL 33132
For Sale · Active listing
Est. payment $3,841/mo · Mortgage calculator
Listed by Cays LLC / Handan Gucyilmaz Gunay
Contact: 305-709-9986 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
About this home
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.
Facts
- MLS #
- A12103466
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- Property type
- Residential
- Property subtype
- Condominium
- Sq. ft.
- 442
- Price per sq. ft.
- $1,581 / sq ft
- Year built
- 2022
- Days on market
- 4
- County
- Miami-Dade County
- Date listed
- Oct 5, 2026
- Last updated
- Oct 9, 2026
Financial considerations
- HOA fee
- $680 monthly
- Taxes
- $10,703 (2025)
- HOA amenities
- Bar, Business Center, Cabana, Elevator(s), Exercise Room, Spa/Hot Tub
Exterior features
- Waterfront
- Yes
- View
- Intracoastal View, Other View, Skyline, Water View
- Additional features
- Other
Interior features
- Furnished
- Furnished
- Heating
- Electric, Other
- Cooling
- Other
- Appliances
- Dishwasher, Disposal, Dryer
- Window features
- High Impact Windows, Impact Glass
- Additional features
- First Floor Entry, Bar, Elevator
Additional features
- Security
- Doorman, Elevator Secure, Fire Alarm, Grillwork
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-22). Estimate only.
Local context (our analysis)
Area stats are available for our covered neighborhoods. See neighborhoods.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 9, 2026, 12:00 AM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.