$539,000
398 NE 5th St # 2007, Miami FL 33132
103 days on marketPrice reduced $40,000 on Sep 21, 2026
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 442 sqft
- Price per sqft
- $1,219
- Type
- Condominium
- Year built
- 2022
- HOA
- $600/mo
- Taxes
- $9,430/yr
- MLS #
- A12055966
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.
Estimated subtotal
$1,386/mo
- Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
- Not included
- Property taxMLS 2025 annual tax, shown monthly
- $786
- HOAMLS association fee, monthly
- $600
The current market rate is not available right now. Enter the rate your lender quoted.
Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.
Is this the right price?
We send written comps, the full cost of owning it and an offer strategy before you tour or offer.
The neighborhood
Miami, 33132
What to check here
Compare association costs, flood exposure and financing across distinct condo submarkets.
Listing courtesy of EXP Realty LLC
Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.