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For sale
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  • $579,000

    398 NE 5th #2007, Miami, FL 33132

    0beds
    442sqft
    : 
    $3,995/mo
    Get pre-qualified
    Condominium
    Built in 2022
    -- sqft lot
    $-- Zestimate®
    $1,310/sqft
    $-- HOA

    What's special

    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
    44 days
    0
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Alvaro Del Busto,

    EXP Realty LLC

    Source: eXp Realty,MLS#: A12055966Originating MLS: Miami Association Of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Range, Microwave, Washer
      Features
      • Built In Features, Closet Cabinetry, Living Dining Room
      • Windows: Blinds, Storm Windows, Thermal Windows
      Interior area
      • Total structure area: 442
      • Total interior livable area: 442 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Valet
      • Covered spaces: 1
      Features
      • Patio & porch: Balcony, Open
      • Exterior features: Balcony
      • Pool features: Community
      • Spa features: Community
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      Details
      • Parcel number: 0141370782110

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Concrete
      Condition
      • Year built: 2022

      Community & HOA

      Community
      • Features: Barbecue, Business Center, Elevator, Fitness Center, Playground, Pool, Sauna
      • Security: Door Man, Lobby Secured, Security Guard, Fire Sprinkler System
      • Subdivision: The Elser
      HOA
      • Has HOA: Yes
      • Amenities included: Elevators
      • Services included: Maintenance Grounds, Sewer, Security, Trash, Water
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,310/sqft
      • Annual tax amount: $9,430
      • Date on market: 7/20/2026
      • Cumulative days on market: 14 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,388/mo

        Price history

        DateEventPrice
        9/2/2026Listed for sale$579,000-23.3%$1,310/sqft
        Source: eXp Realty #A12055966 Report a problem
        1/27/2024Listing removed--
        Source: MIAMI #A11519263 Report a problem
        1/23/2024Listed for sale$755,000$1,708/sqft
        Source: MIAMI #A11519263 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        98 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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