ActiveMLS# 1112054718275 days on market
$579,000
$1,307 / sq ft
398 NE 5th St 1706
Miami, FL, 33132
1Bedrooms
1Bathrooms
443Sq Ft
2022Year Built
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About This Property

Welcome to The Elser Hotel & Residences in Downtown Miami. This unit features a fully furnished and equipped turnkey studio with breathtaking views of Biscayne Bay and the Miami skyline. The unit is designed with floor-to-ceiling windows, private balconies, fully equipped kitchen and in-unit washer and dryer. Owners and guests can enjoy a range of luxury amenities including a 132-foot rooftop pool with spacious deck, spa hot tub, two-story fitness center and exclusive beach access on South Beach. The Elser offers flexible rental options, including short-term rentals, making it an attractive option for investors seeking a pied a terre in Miami and passive income rolled into one. Property yields a 6% cap, hassle-free. Unit video tour available upon request.

Key Features

  • Built in 2022

Property Details

  • Type: Single Family Home
  • Year Built: 2022
  • Sq Ft: 443
  • Price / Sq Ft: $1,307
  • HOA: Contact Agent
  • Bedrooms: 1
  • Bathrooms: 1
  • Feature: Built in 2022
  • Status: Active
  • MLS Number: 1112054718
  • Days on Market: 275
  • Listed By: MLS Listing
  • Zip Code: 33132
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$579,000398 NE 5th St 1706, Miami, FL
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