Premier Brokers International
398 NE 5th Street 2418, Miami, FL 33132
ActiveBeachesMLS
ActiveMLS® A11972846
$1,600,000

398 NE 5th Street 2418, Miami, FL 33132

Beds
3
Baths
3
Sqft
1,135
Est. payment$11,502/mo
Home type
Stock Cooperative
Year built
2022
Lot size
—
Price / sqft
$1,410
HOA
—
Community
MAP OF MIAMI DADE CO. FL.

Property description

Attention Investors: Short-Term Rental Approved Residence at The ElserExceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential.This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of Biscayne Bay and the Miami skyline. Contemporary finishes include a modern kitchen with stainless steel appliances, custom cabinetry, and elegant bathrooms with frameless glass showers.Delivered fully furnished and turnkey, the residence is ready for immediate personal use or rental income. The spacious 3-bedroom layout is especially attractive for short-term rentals and group travel, maximizing occupancy and rental potential.Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, sauna, concierge services, and lounge areas.Located steps from Bayfront Park, the waterfront, dining, entertainment, and major attractions, this property benefits from strong year-round tourism demand.With daily rentals permitted according to condominium regulations, owners can maximize income. Miami will host seven FIFA World Cup matches in 2026, driving some of the highest short-term rental demand in the city.

Listing activity

Days on market
—
Listed
—
MLS listing updated
Sep 9, 2026
Feed last checked
10 minutes ago

Listed by Ana Maria Osorio De Vega · EXP Realty LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
3
Bathrooms
3
Property

Not reported by the listing source.

Construction

Type & style

Home type
Stock Cooperative
Year built
2022
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
MAP OF MIAMI DADE CO. FL.
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33132
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11972846
Additional MLS details

Reported by the listing source

Bathrooms Total Integer
3
County Or Parish
Miami-Dade
List Price
1600000
Living Area
1135
Mls Status
Active
Postal Code
33132
Property Sub Type
Stock Cooperative
Property Type
Residential
Standard Status
Active
State Or Province
FL
Subdivision Name
MAP OF MIAMI DADE CO. FL.
Bedrooms Total
3

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Sep 9, 2026Price updatedBeachesMLS$1,600,000$1,410/sqft

Public tax history

—

Payment calculator

Estimated monthly payment$11,502/moIllustrative estimate, not a loan offer.
Principal & interest
$8,302
Property taxes
$2,400
Insurance
$800
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MAP OF MIAMI DADE CO. FL.

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

3 homes
BeachesMLS

BeachesMLS · Listing courtesy of EXP Realty LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.