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398 NE 5th St 2805

Miami, FL, 33132

Active

$699,000

1

Bedrooms

1

Bathrooms

442 sqft

Living Area

2022

Year Built

$680

HOA / Monthly

4

Days on Market

Dock & Water AccessMLS

Intracoastal Front

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.

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Location

Miami, FL, 33132

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of Cays LLC via MIAMI REALTORS®

Last checked: 20 hours ago

Listing updated: October 9, 2026

© 2026 Miami Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Miami Association of REALTORS®. Information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone X

Minimal Flood Hazard

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Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$139,800 down

%
Principal & Interest$3,627/mo
Property Tax (est. ~1.2%, varies by county)$699/mo
Home Insurance (est.)$250/mo
HOA Fees$680/mo
Total Monthly Payment$5,256
Loan Amount: $559,200Rate: 6.75%
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$699,000Tour the dockSchedule a Showing