ActiveCondominium
398 NE 5th St # 1518, Miami FL 33132
Miami, FL 33132 · MLS #A12112486The residence
About this property
Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS—offering the flexibility of Airbnb and daily rentals. What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations. For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management. Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances. Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!
At a glance
Property details
- Property type
- Condominium
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,127 sq. ft.
- Year built
- 2024
- Lot size
- 0 sq. ft.
- Subdivision
- MAP OF MIAMI DADE CO. FL.,THE ELSER
- County
- Miami-Dade County
- Days on market
- 0
- Original list price
- $1,499,000
- Listing date
- October 24, 2026
- MLS record updated
- October 25, 2026
- Association fee
- $1,300 monthly
- Annual property tax
- $23,078 (2025)
- Listing agent
- Annie Montiel
- Listing office
- EXP Realty LLC
- MLS number
- A12112486
Neighborhood & location
Explore MAP OF MIAMI DADE CO. FL.,THE ELSER
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $7,580
- Property taxes
- $1,923
- Homeowners insurance
- $750
- HOA
- $1,300
- Estimated total
- $11,552
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of EXP Realty LLC, 888-883-8509.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.