Attention Investors: Short-Term Rental Approved Residence at The Elser
Exceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s 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.
Exceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s 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.
Property Details
Price:
$1,600,000
MLS #:
A11972846
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Stock Cooperative
Subdivision:
MAP OF MIAMI DADE CO. FL.
Neighborhood:
mapofmiamidadecofl
Listed Date:
Mar 6, 2026
Finished Sq Ft:
1,135
Total Sq Ft:
1,135
Year Built:
2022
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Central
Exterior
Association Amenities
Bar, Elevator(s), Exercise Room, Exterior Lighting, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
Construction Materials
Concrete Block Construction, Brick Veneer
Exterior Features
Other, Open Balcony
Parking Features
Other
Security Features
Smoke Detector, No Security
Financial
HOA Fee
$1,307
HOA Frequency
Monthly
Tax Year
2025
Taxes
$22,186
Map
Community
- Address398 NE 5th St # 2418 Miami FL
- SubdivisionMAP OF MIAMI DADE CO. FL.
- CityMiami
- CountyMiami-Dade County
- Zip Code33132
Market Summary
Current real estate data for Single Family in Miami as of Mar 11, 2026
3,768
Single Family Listed
128
Avg DOM
579
Avg $ / SqFt
$1,632,987
Avg List Price
Property Summary
- Located in the MAP OF MIAMI DADE CO. FL. subdivision, 398 NE 5th St # 2418 Miami FL is a Single Family for sale in Miami, FL, 33132. It is listed for $1,600,000 and features 3 beds, 3 baths, and has approximately 1,135 square feet of living space, and was originally constructed in 2022. The current price per square foot is $1,410. The average price per square foot for Single Family listings in Miami is $579. The average listing price for Single Family in Miami is $1,632,987.
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398 NE 5th St # 2418
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