
$539,000
CondominiumActive398 NE 5th St # 2007, Miami FL 33132
MLS #A12055966About 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.
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Blue Mar Real Estate Group
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.
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
Appliances
Exterior
Other
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.
School data source: Miami-Dade County Open Data Hub
Location
City
Miami
State
FL
ZIP Code
33132
County
Miami-Dade County
Subdivision
MAP OF MIAMI DADE CO. FL.
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.