398 NE 5th Street, #2805
Miami, FL 33132
$699,000
TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.
| MLS#: | A12103466 |
|---|---|
| Price: | $699,000.00 |
| Status: | Active |
| Property Type: | Condominium |
| Living Area: | 442 |
| Total Area: | 442.0 |
| Waterfront?: | Yes |
| Waterfront Type: | Bayfront, IntracoastalAccess, Other |
| Association: | Map Of Miami Dade Co. Fl. |
| Association Fee: | $680 |
| Architectural Style: | Other |
| Year Built: | 2022 |
| Amenities: | BusinessCenter, Cabana, FitnessCenter, MaintenanceGrounds, SpaHotTub, Elevators |
| Association Fee Paid: | Monthly |
| Association Fee Includes: | CableTv |
| Association?: | Yes |
| Covered Spaces: | 1.0 |
| Elementary School: | Frederick Douglass |
| Exterior Features: | Other |
| Flooring: | CeramicTile |
| Furnished: | Furnished |
| Garage Spaces: | 1.0 |
| Garage?: | Yes |
| High School: | Booker T. Washington |
| Interior Features: | BreakfastArea, EatInKitchen, Elevator, LivingDiningRoom, Other, Bar |
| Financing Type: | Cash, Conventional, Other |
| Middle School: | Jose De Diego |
| New Construction?: | Yes |
| Pets Allowed: | Yes |
| Security Features: | ElevatorSecured, FireAlarm, LobbySecured, WindowBars |
| 55+ Community: | Yes |
| View: | Intercoastal, Other, Skyline, Water |
| Pets Allowed?: | Yes |
Listing Courtesy of: Cays LLC
Listing Agent: Handan Gucyilmaz Gunay
305-709-9986
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BeachesMLS data last updated on October 09, 2026 04:22 AM - ET
Property Last Updated: October 09, 2026 04:22 AM - ET
