398 Ne 5th Street #2007, Miami, FL

$579,000

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1

Bath

442

Square feet

About 398 Ne 5th Street #2007

Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007Fully 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.

Features of 398 Ne 5th Street #2007

MLS® # A12055966
Price $579,000
Bathrooms 1.00
Full Baths 1
Square Footage 442
Year Built 2022
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 398 Ne 5th Street #2007
Area 2420
Subdivision MAP OF MIAMI DADE CO. FL.
City Miami
Building The Elser
County Miami-Dade
State FL
Zip Code 33132

Amenities

Amenities Clubhouse, Elevator(s), Fitness Center, Management, Picnic Area, Playground, Pool, Sauna, Spa/Hot Tub, Bar, Business Center, Heated Pool, Private Beach Pavilion, Maintenance
Parking Valet
# of Garages 1
View Bay
Is Waterfront No
Has Pool No

Interior

Interior Features Built-in Features, Closet Cabinetry
Appliances Dryer, Dishwasher, Electric Range, Microwave, Washer
Heating Central
Cooling Central Air
Fireplace No
# of Stories 49

Exterior

Exterior Features Balcony
Windows Blinds, Insulated Windows
Construction CBS

School Information

Elementary Frederick Douglass
Middle Jose De Diego
High Booker T. Washington

Additional Information

Date Listed July 20th, 2026
Days on Market 46
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 600
HOA Fees Freq. Monthly
Tax Annual Amount $9,430
Tax Year 2025

Listing Details

OfficeEXP Realty LLC

Listing Map

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