$709,000
Hotel/MotelActive398 NE 5th St # 2112, Miami FL 33132
MLS #A12039725About This Property
Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don’t miss out on this premier property in Miami’s luxury market.
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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
Hotel/Motel
Year Built
2022
Living Area
341 sq ft
Bedrooms
0
Bathrooms
1
Garage
1 Space
Pool
No
Waterfront
No
Cooling
Central Air, Electric
Heating
Central, Electric
Flooring
Ceramic Floor
Construction
CBS Construction
Style
High Rise
HOA Fee
$445 / Monthly
Annual Taxes
$9,820 (2025)
Days on Market
1
MLS #
A12039725
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
Similar Homes in Downtown Miami
Location
City
Miami
State
FL
ZIP Code
33132
County
Miami-Dade County
Listing provided by Mirtha Garcia at Damar Florida Real Estate. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12039725.