LKV Realty
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$579,000
$2,900Reward *
398 NE 5th St Unit 2007, Miami, FL 33132Listing ID A12055966

398 NE 5th St Unit 2007, Miami, FL 33132

Active
MAP OF MIAMI DADE CO. FL.
Last updated: Aug 3, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Condominium
Bathrooms
Bathrooms
1
Square Feet
Square Feet
442
Days on Site
Days on Site
24
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
2022
Garages
Garages
1
Parking
Parking
Valet

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007 Fully 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.

Property Information

Property Details

Location

Address
398 NE 5th St
County
Miami-Dade
City
Miami
Zip Code
33132
Subdivision
MAP OF MIAMI DADE CO. FL.
MLS Area
32

Interior Features

Beds and Baths

Full Bathrooms
1

Building

Building Information

Square Feet
442
Year Built
2022
Construction
Block

Financial

Special Conditions
Listed As-Is

Property Taxes

Tax Annual Amount
$9,430
Tax Year
2025

Homeowner Association

HOA Fee
$600
HOA Fee Frequency
Monthly
EXP Realty LLC, (888) 883-8509

Market Report for 33132

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Miami Association of REALTORs
Miami Association of REALTORs logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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