Condominium for sale

$699,000

398 NE 5th St #2805Miami, FL 33132

  • 1 Beds
  • 1 Baths
  • 442 Sq ft
  • 2022 Built

About this home

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.

Details

MLS #
A12103466
Property type
Condominium
Status
Active
Days on market
4
Neighborhood
MAP OF MIAMI DADE CO. FL.
County
Miami-Dade County
HOA / association fee
$680 monthly
Property taxes
$10,703 (2025)
Waterfront
Yes
Private pool
No
View
Intracoastal View, Other View, Skyline, Water View
Garage spaces
1
Cooling
Other
Interior features
First Floor Entry, Bar, Elevator
Exterior features
Other
Appliances
Dishwasher, Disposal, Dryer

Location

Estimated payment

$5,106/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Cays LLC · Handan Gucyilmaz Gunay. Listing last updated October 9, 2026 12:00 AM.

REALTOR® and MLS logo

The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 25, 2026 10:25 AM.

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