398 5th St, 2116, Miami, FL 33132

$599,000

Prime investment opportunity at The Elser Hotel & Residences in the heart of Downtown Miami

Baths

1

Square Feet

362

Property Type

Condo

Year Built

2022

HOA Fee

$557 / mo

Annual Taxes

$9,386

MLS ID

A11963081

About This Property

Prime investment opportunity at The Elser Hotel & Residences in the heart of Downtown Miami. Luxury condo with no rental restrictions, allowing daily, weekly, and short-term rentals—ideal for investors seeking strong income potential in Miami’s high-demand short-term rental market. Turnkey, fully finished and furnished residences with floor-to-ceiling glass and private balconies offering sweeping city and bay views. Owners may participate in a professionally managed onsite rental program for seamless operations and optimized returns. Resort-style amenities include a panoramic bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café, and concierge services. Unbeatable walkable location steps from Bayside Marketplace, Bayfront Park, Kaseya Center, dining, nightlife, Brightline and major transit. A rare chance to own a flexible-use, income-producing asset in one of Miami’s most dynamic urban cores.

Features

• —Built-in Features
• —Closet Cabinetry
• —Vaulted Ceiling(s)
• —Walk-In Closet(s)
• —Open Balcony

Location