Enjoy the best of both worlds--own your Miami pied-a-terre and generate income through the on-site hotel rental program whenever you're away! Experience the perfect blend of luxury and investment at The Elser Hotel & Residences in Downtown Miami! This fully furnished studio offers modern decor, a king-size bed, pull-out couch, and a sleek kitchen with high-end appliances. Enjoy stunning views of Biscayne Bay and Miami Beach. Approved for short-term rentals (Airbnb/VRBO), it's ideal for INVESTORS and VACATIONERS alike. Amenities include a wrap-around pool, 2-story gym, rooftop lounge, valet, and concierge. Steps from Bayside, Kaseya Center, Port of Miami, and more. Own a turn-key gem in the heart of Miami's most vibrant neighborhood!
For sale
Price cut: $1K (8/1)
$509,000
398 NE 5th Street #2503, Miami, FL 33132
0beds
439sqft
Est.:
Condominium
Built in 2022
-- sqft lot
$501,000 Zestimate®
$1,159/sqft
$455/mo HOA
What's special
Modern decorWrap-around pool
- 80 days
- on Zillow |
- 148 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 06:33am
Listed by:
Gulay Ozer 954-937-5406,
Heartland Realty Group LLC
Source: BeachesMLS,MLS#: RX-11094556
Originating MLS: Beaches MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Studio Bedroom
Primary bedroom
- Level: M
- Area: 0 Square Feet
- Dimensions: 0 x 0
Kitchen
- Level: M
- Area: 0 Square Feet
- Dimensions: 0 x 0
Living room
- Level: M
- Area: 0 Square Feet
- Dimensions: 0 x 0
Heating
- Central, Central Building, Electric
Cooling
- Central Air, Central Building, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Washer
Features
- Closet Cabinets
- Flooring: Tile
- Windows: Impact Glass, Impact Glass (Complete)
- Furnished: Yes
Interior area
- Total structure area: 439
- Total interior livable area: 439 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered
- Garage spaces: 1
Features
- Stories: 49
- Exterior features: Open Balcony
- Pool features: Community
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay
Details
- Parcel number: 0141370780800
- Zoning: 6401
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS, Concrete
Condition
- Resale
- New construction: No
- Year built: 2022
Utilities & green energy
- Water: Well
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Business Center, Elevator, Fitness Center, Lobby, Trash Chute, Gated
- Security: Doorman, Lobby, Fire Alarm, Smoke Detector(s)
- Subdivision: The Elser
HOA
- Has HOA: Yes
- Services included: Cable TV, Common Areas, Elevator, Hot Water, Maintenance Structure, Parking, Pool Service, Security, Trash, Water
- HOA fee: $455 monthly
- Application fee: $150
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,159/sqft
- Tax assessed value: $558,000
- Annual tax amount: $11,178
- Date on market: 5/29/2025
- Listing terms: Cash,Conventional
- Lease term: Min Days to Lease: 1
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