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.
For sale
$579,000
398 NE 5th St UNIT 1706, Miami, FL 33132
1beds
443sqft
Est.:
Condominium
Built in 2022
-- sqft lot
$550,100 Zestimate®
$1,307/sqft
$494/mo HOA
What's special
Floor-to-ceiling windowsIn-unit washer and dryerTwo-story fitness centerPrivate balconiesSpa hot tubFully equipped kitchenSpacious deck
- 117 days
- on Zillow |
- 17 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 01:13pm
Listed by:
Minerva Arboleya 305-632-2512,
Related ISG Realty, LLC.
Source: MIAMI,MLS#: A11789023
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTravel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Features
- Elevator
- Doors: High Impact Doors
- Furnished: Yes
Interior area
- Total structure area: 443
- Total interior livable area: 443 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: 1 Space, Covered, Valet
- Attached garage spaces: 1
Features
- Spa features: Community
- Has view: Yes
- View description: Other
Details
- Parcel number: 0141370781740
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS Construction
Condition
- Year built: 2022
Community & HOA
Community
- Security: Lobby Secured
- Subdivision: The Elser
HOA
- Has HOA: Yes
- Amenities included: Clubhouse-Clubroom, Community Room, Fitness Center, Exterior Lighting, Pool, Spa/Hot Tub
- HOA fee: $494 monthly
- Application fee: $150
- Pet fee: $0
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,307/sqft
- Tax assessed value: $544,800
- Annual tax amount: $10,914
- Date on market: 4/22/2025
- Listing terms: All Cash,Conventional
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