$475,000

398 NE 5th Street # 2503, Miami FL, 33132

Price per sqft$1,082.00

Built in2022

Property size439 sqft

Property typeCondominium

Overview

Sold

Closed

Listed May 28, 2025

Updated 4 weeks ago

Enjoy the best of both worlds—own your Miami pied-à-terre and generate income through the on-site hotel rental program whenever you're away! Experience the perfect blend of luxury and investment at The Elser Hotel & Residences in Downtown Miami! This fully furnished studio offers modern décor, a king-size bed, pull-out couch, and a sleek kitchen with high-end appliances. Enjoy stunning views of Biscayne Bay and Miami Beach. Approved for short-term rentals (Airbnb/VRBO), it's ideal for INVESTORS and VACATIONERS alike. Amenities include a wrap-around pool, 2-story gym, rooftop lounge, valet, and concierge. Steps from Bayside, Kaseya Center, Port of Miami, and more. Own a turn-key gem in the heart of Miami's most vibrant neighborhood!

Additional information

MLS^® ID: R11094556

Interior Features

Bedrooms: 1
Bathrooms: 1
Cooling: Yes
Heating: Yes
Basement: No

Other Property Details

Taxes: $11,178
Tax Frequency: Annually
Association Fee Frequency: Monthly
Garage: Yes
View: Yes
Pets Allowed: Yes
Furnished: Yes
Waterfront: Yes

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 2:51 PM UTC, 10/14/2026.

Listed by: Heartland Realty Group LLC, 561-324-4232