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398 NE 5th St 2418
Miami FL 33132 US

$1,600,000

Active Listing ID A11972846
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3 bed
bath icon
3.00 Bath (3 Full)
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Stock Cooperative

$1,600,000

Active Listing ID A11972846
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398 NE 5th St 2418 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.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Stock Cooperative
  • Features
  • Full Bathrooms: 3
  • Cooling System: Central Air
  • Exterior Finish: Balcony, Security/High Impact Doors, Other
  • Floor Covering: Tile
  • Heating Fuels: Central

Property

  • propertytype: Residential
  • propertysubtype: Stock Cooperative
  • listprice: 1600000
  • unparsedaddress: 398 NE 5th St
  • unitnumber: 2418
  • postalcity: Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33132
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 1135
  • livingareaunits: Square Feet
  • listagentfullname: Ana Osorio De Vega PA
  • listagentemail: ana@theanavegagroup.com
  • listagentkey: 3yd-MAORFL-3408477
  • listagentmlsid: 3408477
  • listagentpreferredphone: 5612254604
  • listagentofficephone: 8888838509
  • listofficekey: 3yd-MAORFL-EXPP01
  • listagentstatelicense: 3408477
  • 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
  • countyorparish: Miami-Dade
  • parcelnumber: 01-41-37-078-5890
  • appliances: Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • cooling: Central Air
  • constructionmaterials: Block, Brick, Brick Veneer
  • flooring: Tile
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 49
  • parkingtotal: 0
  • parkingfeatures: Other
  • view: Ocean, Other
  • waterfrontyn: False
  • interiorfeatures: Closet Cabinetry, Elevator, Other, Skylights, Bar
  • exteriorfeatures: Balcony, Security/High Impact Doors, Other
  • windowfeatures: Skylight(s)
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
  • accessibilityfeatures: Accessible Elevator Installed
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP REALTY LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":1307}], "GeocodeOptions":null, "LeadRoutingEmail":"ana@theanavegagroup.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":"3228393", "ListOfficeCity":"Jacksonville", "ListOfficeCountry":"US", "ListOfficeEmail":"a.shahin.broker@exprealty.net", "ListOfficePostalCode":"32256", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Stock Cooperative, Other - Miami, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/398-NE-5th-St-Apt-2418_Miami_FL_33132_M99593-01958?f=listhub&s=MAORFL&m=A11972846&c=rexren", "MLSModificationTimestamp":"2026-03-06T18:01:39Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Stock Cooperative", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":22186, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/11/2026 3:17:08 PM GMT
Source Updated Date: 3/12/2026 6:54:24 PM GMT

Courtesy of: Ana Osorio De Vega PA, EXP Realty LLC, ana@theanavegagroup.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.