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398 NE 5th St 2007
Miami FL 33132 US

$650,000

Active Listing ID A12055966
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1.00 Bath (1 Full)
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Condominium

$650,000

Active Listing ID A12055966
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398 NE 5th St 2007 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-a-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.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 1
  • Cooling System: Central Air
  • Exterior Finish: Balcony, Security/High Impact Doors
  • Heating Fuels: Central

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 650000
  • unparsedaddress: 398 NE 5th St
  • unitnumber: 2007
  • postalcity: Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33132
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 442
  • livingareaunits: Square Feet
  • latitude: 25.778988
  • longitude: -80.188999
  • listagentfullname: Alvaro Del Busto
  • listagentemail: alvaro@floridarealtyguru.com
  • listagentkey: 3yd-MAORFL-3352528
  • listagentmlsid: 3352528
  • listagentpreferredphone: 3057994628
  • listagentofficephone: 3057994628
  • listofficekey: 3yd-MAORFL-EXPP01
  • listagentstatelicense: 3352528
  • listofficemlsid: EXPP01
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 2022
  • listagenturl: http://www.floridarealtyguru.com
  • countyorparish: Miami-Dade
  • parcelnumber: 01-41-37-078-2110
  • appliances: Dryer, Dishwasher, Electric Range, Microwave, Washer
  • cooling: Central Air
  • constructionmaterials: Block
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Valet
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Built-in Features, Bedroom on Main Level, Closet Cabinetry, First Floor Entry, Living/Dining Room, Bar
  • exteriorfeatures: Balcony, Security/High Impact Doors
  • windowfeatures: Blinds
  • architecturalstyle: High Rise
  • rooms: Dining Room, Bathroom 1
  • securityfeatures: Security
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -80.188995, 25.778988
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"alvaro@floridarealtyguru.com", "ListBrokerageCity":"Jacksonville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"adminfl@exprealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"EXP REALTY LLC", "ListBrokeragePhone":"(888) 883-8509", "ListBrokeragePostalCode":"32256", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10752 DEERWOOD PARK BLVD. SUITE 100", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"10752 Deerwood Park Blvd #100 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"EXPP01", "ListOfficeCity":"Jacksonville", "ListOfficeCountry":"US", "ListOfficeEmail":"a.shahin.broker@exprealty.net", "ListOfficePostalCode":"32256", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"CONDOS - High Rise - Miami, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/398-NE-5th-St-Apt-2007_Miami_FL_33132_M98172-53600?f=listhub&s=MAORFL&m=A12055966&c=rexren", "MLSModificationTimestamp":"2026-07-21 17:07:36", "Neighborhoods":[{"Description":null, "Name":"MAP OF MIAMI DADE CO. FL."}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9430, "TaxDescription":"398 NE 5TH STREET CONDO UNIT 2007 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/21/2026 5:12:14 PM GMT
Source Updated Date: 7/24/2026 12:47:26 AM GMT

Courtesy of: Alvaro Del Busto, EXP Realty LLC, alvaro@floridarealtyguru.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.