LKV Realty
Logo
$1,600,000
$6,000Reward *
398 NE 5th St Unit 2418, Miami, FL 33132Listing ID A11972846

398 NE 5th St Unit 2418, Miami, FL 33132

Active
MAP OF MIAMI DADE CO. FL.
Last updated: Mar 6, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Stock Cooperative
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
3
Square Feet
Square Feet
1,135
Days on Site
Days on Site
162
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
2022
Parking
Parking
Other

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.

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
41

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
3

Building

Building Information

Square Feet
1,135
Year Built
2022
Construction
Brick Veneer, Block

Financial

Special Conditions
Listed As-Is

Property Taxes

Tax Annual Amount
$22,186
Tax Year
2025

Homeowner Association

HOA Fee
$1,307
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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