398 NE 5th Street 1706, Miami, FL 33132
- Beds
- 1
- Baths
- 1
- Living Area
- 443 SF
- Year Built
- 2022
- $/SF
- $1307
- Type
- Condominium
- DOM
- 403
1 bed · 1 bath · 443 sqft · Built 2022
Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.
- Property type
- Condominium
- Year built
- 2022
- Stories
- 49
- Subdivision
- The Elser
- Waterfront
- No
- Private pool
- No
- HOA (monthly)
- $494
- Parcel number
- 0141370781740
- Annual tax
- $10,914
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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 5/31/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.