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$579,000

Est. payment - /mo

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1 Bath

442 SqFt

Price Dropped by $71K

398 NE 5th St #2007 Miami, FL 33132

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Sammy Hernandez

sammysellsmiami@gmail.com +1(786) 203-8671

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 442 sqft

Price per Sqft $1,309

Subdivision Map Of Miami Dade Co. Fl.

MLS Listing ID A12055966

Style High Rise

Full Baths 1

HOA Fees $600/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 2022

Annual Tax Amount $9,430

Tax Year 2025

Property Sub-Type Condominium

Property Description

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

Location

State FL

County Miami-dade

Community Map Of Miami Dade Co. Fl.

Area 32

Interior

Interior Features Built-in Features, Bedroom on Main Level, Closet Cabinetry, First Floor Entry, Living/Dining Room, Bar

Heating Central

Cooling Central Air

Window Features Blinds,Thermal Windows,Impact Glass

Appliance Dryer, Dishwasher, Electric Range, Microwave, Washer

Exterior

Exterior Feature Balcony, Security/High Impact Doors

Garage Spaces 1.0

Pool Association, Heated

Amenities Available Beach Rights, Business Center, Clubhouse, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa/Hot Tub, Elevator(s)

View Y/N Yes

View Bay

Porch Balcony, Open

Garage Yes

Private Pool Yes

Building

Architectural Style High Rise

Structure Type Block

New Construction true

Others

Pets Allowed Conditional, Yes

HOA Fee Include Association Management,Amenities,Common Areas,Internet,Maintenance Grounds,Maintenance Structure,Pool(s),Recreation Facilities,Reserve Fund,Roof,Sewer,Security,Trash,Water

Senior Community No

Restrictions Daily Rentals Allowed,OK To Lease,See Remarks

Tax ID 01-41-37-078-2110

Security Features Door Man,Elevator Secured,Fire Alarm,Secured Garage/Parking,Lobby Secured,Security Guard,Fire Sprinkler System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed Conditional, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12055966

Miami Association of Realtors (SEFMIAMI MLS)

Listed by EXP Realty LLC

NEARBY SCHOOL & BUSINESS

+1(786) 203-8671

sammysellsmiami@gmail.com

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