398 NE 5th St # 2007, Miami, FL

The Elser Hotel & Residences · 0 Bedrooms · 1 Bathroom · 442 Sq Ft

The Elser Hotel & Residences Unit 2007 at 398 NE 5th St # 2007, Miami, FL 33132 — photo 1
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About the Property

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.

Unit 2007 in Context

Unit 2007 is located at 398 NE 5th St, part of the 07 line on floor 20 of The Elser's 646-residence tower. 4 other 07 line residences are currently offered for sale in the building.

This Residence

$1,219/SF

Building Avg Asking

$1,444/SF

Financial

Fees & Taxes

Association Fee$600
Association Fee FrequencyMonthly
Lot Size Square Feet0
Tax Annual Amount$9,430
Tax Year$2,025

Terms

All CashConventionalPossession: Funding

Interior Features

Interior

Bathrooms Full: 1Bathrooms Half: 0Entry Level: 20First Floor EntryBuilt-in FeaturesCloset CabinetryFire SprinklersEntry LevelDining/Living RoomRooms Total: 0Stories Total: 49

Appliances

DishwasherDryerElectric RangeMicrowaveWasher

Cooling & Heating

Central AirCentral

Windows

Clear Impact GlassBlindsHigh Impact WindowsThermal Windows

Exterior & Views

View

Bay

Waterfront

WaterfrontNo

Pool & Spa

Covered Spaces1
Garage Spaces1
Pool PrivateNo

Exterior

High RiseConstruction Materials: CBS ConstructionOpen BalconyIDX Participation: YesNew Construction: NoOpen Balcony

Building & Community

Amenities

Association: YesBarBarbecueBusiness CenterChild Play AreaClubhouse-ClubroomElevator(s)Exercise RoomHeated PoolPoolPrivate Beach PavilionSaunaSpa/Hot Tub

Security

Fire SprinklersFire AlarmDoormanElevator SecureSecured Garage/ParkingGuard At SiteLobby SecuredSecurity Patrol

Parking

Garage: YesValet

Listing Information

Dates & Status

Contract Status Change Date2026-07-20
Listing Contract Date2026-07-20
Mls StatusActive
On Market Date2026-07-20

Details

County Or Parish: Miami-Dade CountyMajor Change Type: Price DecreaseNumber Of Units In Community: 646Condo 5+ StoriesCondoYear Built Details: Effective Year Built

Additional Details

Building Area Total442
Building NameThe Elser
Door FeaturesHigh Impact Doors
Green Energy EfficientAppliances, Construction, HVAC, Lighting, Thermostat
Parcel Number01-41-37-078-2110
Property AttachedYes
Property ConditionNew Construction

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Courtesy of EXP Realty LLC