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$579,000

  • For Sale
  • Active
  • Condo
  • 1 Full Bath
  • 442 Sq. Ft.
  • Updated 13 hours ago

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Turnkey Investment Opportunity at The Elser Hotel & Residences - Unit 2007 Fully furnished, turnkey studio residence at The Elser, ideally positioned with sweeping views of the Kaseya Center skyline and partial Biscayne Bay water views. This designer-finished unit features a king-size bed, sofa bed, full kitchen, in-unit washer/dryer, and secure keyless entry - ready to generate income from day one. Enrolled in The Elser's professionally managed short-term rental program with a proven, documented income history, this is a rare opportunity to own real, verified cash flow rather than a projection. Investor-friendly building with flexible daily, weekly, and long-term rental permissions. Residents and guests enjoy resort-caliber amenities including a wraparound rooftop pool with bar and restaurant, two-story fitness center, 24/7 concierge, valet parking, and Beach Club access. Unbeatable Downtown Miami location steps from Kaseya Center, Bayside Marketplace, the Brightline station, and

Full Property Details for 398 NE 5th #2007

General

  • Price: $579,000
  • Taxes: $9,430 (2025)
  • Status: Active
  • Type: Condo
  • Source: Martin_County
  • MLS ID: A12055966
  • Updated: 9/8/2026
  • Added to Site: 51 day(s) ago

Interior

  • Interior Features: Built-in Features, Closet Cabinetry, Living/Dining Room
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Washer

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Additional Information

  • Shared Amenities: Elevator(s)
  • Pool: Yes
  • Pool Description: Community
  • Spa Description: Community
  • Security/Safety: Door Man, Lobby Secured, Security Guard, Fire Sprinkler System

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Balcony, Open

Parking

  • Covered Spaces: 1
  • Total Spaces: 1
  • Parking Features: Valet

Location

  • Area: 2320
  • County: Miami-Dade
  • Subdivision: The Elser

Community

  • Community Name: 2320
  • Assoc. Fees Include: Association Management, Common Areas, Maintenance Grounds, Pool(s), Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Security, Trash, Water
  • Pets Allowed: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Construction: Block, Concrete
  • Windows: Blinds, Storm Window(s), Thermal Windows
  • Entry Floor Number: 20
  • Elevator: Yes
  • Square Feet: 442
  • Living Area: 442 Sq. Ft.
  • Year Built: 2022

Lot Features

  • Property View: Bay

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $9,430
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: 398 NE 5TH STREET CONDO UNIT 2007 UNDIV 0.1119% INT IN COMMON ELEMENTS OFF REC 33416-1520
  • Property ID: 01-41-37-078-2110

Listed by EXP Realty LLC

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Listing agent

— 398 NE 5th #2007 —

  • EXP Realty LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 398 NE 5th #2007

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.9 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.1 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 398 NE 5th #2007 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2026
Listed
$579,000
0.7%
MLS
3/12/2025
Sold
$575,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 398 NE 5th #2007

Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,690
—
$522,610
-5%
2024
$10,690
-2%
$550,116
-2%
2023
$10,940
—
$560,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by EXP Realty LLC

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398 NE 5th #2007, Miami, FL 33132 (MLS# A12055966) is a Condo property with 0 bedrooms and 1 full bathroom. 398 NE 5th #2007 is currently listed for $579,000 and was received on July 20, 2026. Want to learn more about 398 NE 5th #2007? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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