$539,000
 $2,893 est/mo Sourced by Back At You

398 NE 5th Street 2007,Miami, FL 33132

Miami, FL 33132

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Description

NEW PRICE - Turnkey investment opportunity at The Elser with documented rental history and immediate participation in the building's established hotel rental program. Unit 2007 is a fully furnished 442 SF hotel unit offering Kaseya Center skyline and partial Biscayne Bay views, a king-size bed, sofa bed, full kitchen, in-unit washer/dryer and secure keyless entry. Unlike purchasing new construction and waiting for completion, this is a completed 2022 property with an operating rental program and actual rental history available for buyer review. The unit is currently enrolled in The Elser's professionally managed short-term rental program, offering flexible daily, weekly and long-term rentals together with personal-use flexibility. Amenities include a wraparound pool deck, bar and restaurant, two-story fitness center, 24/7 concierge, valet parking and Beach Club access. Ideally located in Downtown Miami near Kaseya Center, Bayside Marketplace, Brightline and Biscayne Bay.

Details

MLS #A12055966
Listing TypeFor Sale
StyleCondominium
HOA Dues$600
Sub-TypeNew Construction
StatusActive
Year2022
Days On Site107
Listing Provided ByEXP Realty LLC | Alvaro Andres Del Busto

Features

Bath(s) 1 Total
SQ Feet442
Garage1
PoolYes
Story(s)49
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesValet

Taxes

Tax Annual Amount9430

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2420
Community NameMAP OF MIAMI DADE CO. FL.
Listing VS Median (in MAP OF MIAMI DADE CO. FL.)
Price:
$539,000
low | high
Med:
$495,000
58.163265306122% of Average
sqft:
442
low | high
Med:
357
69.230769230769% of Average
$ / sqft:
$1,219
low | high
Med:
$1,387
36.297376093294% of Average
On site:
107
low | high
Med:
257
41.634241245136% of Average
Sourced by Back At You

Market Activity 33132

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2420
Community NameMAP OF MIAMI DADE CO. FL.
Listing VS Median (in MAP OF MIAMI DADE CO. FL.)
Price:
$539,000
low | high
Med:
$495,000
58.163265306122% of Average
sqft:
442
low | high
Med:
357
69.230769230769% of Average
$ / sqft:
$1,219
low | high
Med:
$1,387
36.297376093294% of Average
On site:
107
low | high
Med:
257
41.634241245136% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $404K - $673K
sqft: 332 - 553
Listing Updated: October 30, 2026 at 4:23:41 PM PDT