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398 NE 5th Street Unit 2503, Miami, FL 33132

$475,000
1
BD
1
BA
439
SqFt
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Sold Price
$475,000
List Price
$495,000
Days on Market
139
Closing Date
Dec 15, 2025
MLS#
R11094556
Bedrooms
1
Full Bathrooms
1
Sq. Ft
439
Subtype
Condominium
County
Miami-Dade
Subdivision
The Elser
Year Built
2022
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Property Description

Enjoy the best of both worlds—own your Miami pied-à-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 décor, 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!

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Additional Information

Garage Spaces
1
Hoa
Yes
Hoa Amount
455
Pets Allowed
Yes
Construction
Block, Concrete
Cooling
Central Air, Electric
Furnished
Furnished
Heating
Central, Electric
Restrict
OtherRestrictions, RentalRestriction
Security
Security System, Fire Alarm, Gated Community, Lobby Secured, Smoke Detector(s)
Taxes
$11,178
Utilities
Cable Available, Water Available
View
Bay
Amenities
Business Center, Elevator(s), Fitness Center, Gated, Parking, Pool, Trash
Waterfront
Bayfront
Stories
49
Price Per Sqft
$1,082
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Calculator source: Real Geeks

Listing courtesy of Heartland Realty Group LLC. Contact:

Selling Office: Compass Florida, LLC.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Gulay Ozer | Email: gulayozerrealtor@gmail.com