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

$579,000

  • bed0 Beds
  • baths1 Baths
  • hold442 SQFT
  • hold $1309.95 /SQFT
  • % Change -10.92%
  • Living Area M² 41 m²
  • $ / M² $14,100
  • Maintenance Fee $600
  • Days on Market 25 day(s)
  • Waterfront? No
  • Garage Spaces 1
  • Pets Allowed? Yes
  • Furnished? No
  • Year Built 2022
  • MLS #
    A12055966
alert icon share icon

Property Description

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.

Amenities

  • Beach Rights
  • Business Center
  • Clubhouse
  • Fitness Center
  • Barbecue
  • Picnic Area
  • Playground
  • Pool
  • Sauna
  • Spa Hot Tub
  • Elevators
amenities icon

Interior Features

  • Built In Features
  • Bedroom On Main Level
  • Closet Cabinetry
  • First Floor Entry
  • Living Dining Room
  • Bar

Exterior Features

  • Balcony
  • Security High Impact Doors

Property Tax Information

  • Tax Amount: $9,430

  • Tax Year: 2025

mortgage Calculator

Purchase Price
Loan Term
Interest Rate (%)
%
Down Payment (%)
%

monthly payment breakdown

total monthly payment

$

  • Principal & Interest The principal is the amount that you borrow from a lender. The interest is the cost of borrowing that money. $ 0,000
  • Property Taxes This tax is a percentage of a home’s assessed value and varies by area. Homeowners pay this tax annually, semi-annually, or as part of a monthly mortgage payment.
  • HOA Fees Fees paid by homeowners within a shared complex to pay for building repairs and operation costs. HOA fees are typically paid monthly or quarterly.
  • Homeowners Insurance Homeowners insurance covers losses and damages to your home, property, personal belongings, and other assets in your home. The policy also provides liability coverage against accidents in the home or on the property. When applying for a mortgage, the applicant is usually required to provide proof of insurance on the property before the financial institution will approve the loan.
  • Private Mortgage Insurance (PMI) Borrowers with a down payment of less than 20% may be required to purchase mortgage insurance. Mortgage insurance protects the mortgage lender against loss if a borrower defaults on their loan. Typically, mortgage insurance rates range from 0.2%–2% of the loan amount per year. Your actual rate may vary.
  • Total monthly payment = $
Lucas image
For more information about this property:
Lucas Lechuga, PA
Luxe Living Realty
contact-phone
305 - 428 - 3860
contact-mail
[email protected]
whatsapp
whatsapp
messenger
messenger
  • Please provide more info on: "398 NE 5th St #2007, Miami, FL 33132"
    A12055966
  • MM slash DD slash YYYY
  • * Required Fields
  • This field is for validation purposes and should be left unchanged.

Downtown Miami 398 NE 5th St #2007 has 0, 1 Bathrooms , and 442 square feet. The asking price for this property is $579000, or $1309 per square feet.

© The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Listing courtesy of : EXP Realty LLC, 888-883-8509.