Condominium for sale

$539,000

398 NE 5th St #2007Miami, FL 33132

  • 1 Baths
  • 442 Sq ft
  • 2022 Built

About this home

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
Property type
Condominium
Status
Active
Days on market
63
Neighborhood
MAP OF MIAMI DADE CO. FL.
County
Miami-Dade County
HOA / association fee
$600 monthly
Property taxes
$9,430 (2025)
Waterfront
No
Private pool
No
View
Bay
Garage spaces
1
Cooling
Central Air
Interior features
First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers
Exterior features
Open Balcony
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Washer

Location

Estimated payment

$4,111/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.

Adjust in the mortgage calculator

Listing courtesy of EXP Realty LLC · Alvaro Del Busto. Listing last updated September 21, 2026 2:57 PM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated November 6, 2026 2:16 PM.

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