398 NE 5th St # 2007, Miami FL 33132, photo 1
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$539,000

CondominiumActive
⏱️ Listed 99 days ago (~3 months)⬇️ Price reduced $40,000 (7%) on September 21, 2026
0Beds
1Baths
442Sq Ft
2022Built

398 NE 5th St # 2007, Miami FL 33132

MLS #A12055966

About This 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.

🏢Learn about The ElserBuilding amenities, floor plans, market stats and available units.→

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Marie I. Sanjurjo
Licensed Broker
Blue Mar Real Estate Group
📞 (305) 680-5672💬 WhatsApp Marie✉️ [email protected]

About Downtown Miami

Downtown Miami has transformed into a dense urban neighborhood with Kaseya Center (home of the Miami Heat), Bayside Marketplace, the Perez Art Museum, Frost Science Museum, and Bayfront Park within walking distance of each other. The Miami Riverwalk connects downtown to Brickell along the water, and the Metromover provides free transit throughout the core. Condos range from new construction towers to renovated historic buildings, attracting first-time buyers, investors, and downtown professionals.

Explore Downtown Miami →📊 Downtown Miami market report

Property Details

Property Type

Condominium

Year Built

2022

Living Area

442 sq ft

Bedrooms

0

Bathrooms

1

Garage

1 Space

Pool

No

Waterfront

No

Cooling

Central Air

Heating

Central

Construction

CBS Construction

Style

High Rise

HOA Fee

$600 / Monthly

Annual Taxes

$9,430 (2025)

Days on Market

63

MLS #

A12055966

Features & Amenities

Interior

First Floor EntryBuilt-in FeaturesCloset CabinetryFire Sprinklers

Appliances

DishwasherDryerElectric RangeMicrowaveWasher

Exterior

Open Balcony

Other

Valet

Nearby Schools

Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.

Assigned Public Schools
Elementary
Frederick Douglass ES
Grades K-5
314 NW 12 St., Miami 33136
Middle
Jose de Diego MS
Grades 6-8
3100 NW 5 Ave., Miami 33127
High
Washington, Booker T. Senior High
Grades 9-12
1200 NW 6th Ave., Miami 33136
Private Schools Within 5 Miles
Key Point Christian Academy0.8 mi
609 Brickell Ave, Miami
The Learning World Academy in Downtown0.8 mi
555 NE 15th St, Miami
RJW The Academy of Arts Sciences0.8 mi
430 NW 9th St, Miami
KLA Schools of Brickell0.8 mi
600 SW 1st Ave, Miami
KLA Elementary0.9 mi
625 SW 1st Ave, Miami
Brickell Heights Elementary1.0 mi
25 SW 9th St, Miami
WorldEd International School1.0 mi
848 Brickell Ave, Miami
Centner Academy - Middle and High Schools1.1 mi
1911 Northeast Miami Court, Miami

School data source: Miami-Dade County Open Data Hub

Location

Loading map…

City

Miami

State

FL

ZIP Code

33132

County

Miami-Dade County

Subdivision

MAP OF MIAMI DADE CO. FL.

$539,000
398 NE 5th St # 2007, Miami FL 33132
0Beds
1Baths
442Sq Ft
📞 (305) 680-5672💬 WhatsApp
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398 NE 5th St # 2007, Miami FL 33132$539,000

Listing provided by Alvaro Del Busto at EXP Realty LLC. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12055966.