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
Listed by Gulay Ozer
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License #3550002
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Heartland Realty Group LLC
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(954) 937-5406
Last updated September 06, 2025
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Source: BeachesMLS #RX-11094556
Listing Facts
TypeCondo
NeighborhoodMiami Central Business District
Bathrooms1
Days on Prevu104
HOA/Maint. Fees$455/month
Taxes$11,179/year
Size439 sqft
Price per sqft$1,157
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Elevator
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
09/06/2025
Price Decreased
$508,000
08/01/2025
Price Decreased
$509,000
07/24/2025
Price Decreased
$510,000
07/22/2025
Price Decreased
$550,000
05/28/2025
Listed by Heartland Realty Group LLC
$589,000
Property Details for 398 NE 5th Street 2503
Association
Amenities
Association Amenities: Business Center, Fitness Center, Pool, Trash, Elevators
Community Features: Gated, Pool
Pets Allowed: Yes
Fees
Association Fee: $455.00 Monthly
Association Fee Includes: Common Areas, Cable Tv, Hot Water, Maintenance Structure, Parking, Pools, Security, Trash, Water
Exterior
Construction
Property Condition: Resale
Stories Total: 49
Window Features: Impact Glass
Year Built: 2022
Year Built Details: Resale
Construction Materials: Block
Entry Level: 25
Exterior Features: Balcony
Features
Other Structures: Apartment
Patio And Porch Features: Balcony, Open
Pool Features: None, Association, Community
View: Bay
Waterfront Features: Bayfront
Waterfront: Yes
Measurements
Building Area Total: 439
Financial
Taxes
Parcel Number: 01-41-37-078-0800
Tax Annual Amount: $11,179.00
Tax Year: 2024
Interior
Features
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer Dryer, Washer
Flooring: Tile
Interior Features: Closet Cabinetry
Measurements
Living Area: 439
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Other
Location
Subdivision Name: THE ELSER
Parking
Parking
Covered Spaces: 1
Garage Spaces: 1
Garage: Yes
Parking Features: Assigned, Covered
Utilities
Equipment
Cooling: Central Air, Electric
Has Cooling: Yes
Heating: Central, Electric
Has Heating: Yes
Utilities: Cable Available
Water Source: Well
Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
