$699,000
 $3,752 est/mo Sourced by Back At You

398 NE 5th Street 2805,Miami, FL 33132

Miami, FL 33132

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Description

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami's most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

Details

MLS #A12103466
Listing TypeFor Sale
StyleCondominium
HOA Dues$680
Sub-TypeNew Construction
StatusActive
Year2022
Days On Site13
Listing Provided ByCays LLC | Handan Gucyilmaz Gunay

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet442
Garage1
Story(s)49
Water FrontYes
Property ViewYes

Parking

Garage Yes / NoYes

Taxes

Tax Annual Amount10703

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:
$699,000
low | high
Med:
$499,000
78.612303290415% of Average
sqft:
442
low | high
Med:
442
50% of Average
$ / sqft:
$1,581
low | high
Med:
$1,129
78.612303290415% of Average
On site:
13
low | high
Med:
33
39.393939393939% 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:
$699,000
low | high
Med:
$499,000
78.612303290415% of Average
sqft:
442
low | high
Med:
442
50% of Average
$ / sqft:
$1,581
low | high
Med:
$1,129
78.612303290415% of Average
On site:
13
low | high
Med:
33
39.393939393939% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $524K - $873K
sqft: 332 - 553
Listing Updated: October 8, 2026 at 11:19:07 PM PDT