398 NE 5th Street 2112, Miami, FL 33132

New Listing

$709,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12039725

Property Type: Residential Baths: 1 Square Footage: 341 Status: Active

Current Price: $709,000 List Date: 6/18/2026 Last Modified: 6/19/2026

Overview

Description

Located in the Heart of Downtown Miami, this exceptional Studio at THE ELSER Hotel & Residences is a rare investment opportunity, ideal for short-term rentals managed through Airbnb, VRBO, or directly by the hotel. Fully furnished and beautifully appointed, this unit features a king-size bed, pull-out couch, and a fully equipped kitchen, washer & dryer inside the unit. Enjoy breathtaking panoramic views of Biscayne Bay, a rooftop pool with a poolside bar and restaurant, a two-story gym, and valet parking. Just steps from Bayside Marketplace, Port of Miami, this location truly has it all! Don’t miss out on this premier property in Miami’s luxury market.

Listing Details MLS# A12039725

General Property Information

Unit Floor #: 21
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 341
Living Area Main: 341
Adjusted Area Main: 341
Year Built: 2022
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 49

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Pool Service Exterior Features: Barbecue Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease; Short Term Rentals Allowed Parking Features: Valet Property Condition: Resale Appliances: Dryer; Electric Range; Microwave; Refrigerator; Washer Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Negotiable Restrictions: Other Restrictions Security Features: Elevator Secure; Fire Alarm; Security System; Smoke Detector(s) Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Studio; High Rise Water Access: None Water View: Bay Window Features: Blinds Showing Requirements: 24 Hour Notice; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 709000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 398
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 2112
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2073
Postal Zip: 33132
Subdivision Name: MAP OF MIAMI DADE CO. FL.
Area: 2420
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0141370783820
Subdivision Number: 78
Flood Zone: X

Financial Information

Association YN: Yes
Association Fee: 445
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 9820
Tax Year: 2025
Tax Legal Description: 398 NE 5TH STREET CONDO UNIT 2112 UNDIV 0.0864% INT IN COMMON ELEMENTS OFF REC 33416-1520

Status Change Information

Major Change Timestamp: 2026-06-18T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-18

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes
Short Term Rentals Allowed: Yes

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Storm Protection

Impact Glass: Partial

Price Calculations

Current Price To SqFt: 2079.17

Section Details

Parcel Number MLX: 3820

Originating Details

Originating System Key: 514258084
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

3-4 Weeks Approval: Yes

Amenities

Bar: Yes
Elevator(s): Yes
Fitness Center: Yes
Heated Pool: Yes
Lobby: Yes
Pool: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Common Areas: Yes
Elevator: Yes
Pool Service: Yes

Exterior Features

Barbecue: Yes

Flooring

Ceramic Tile: Yes

Parking Features

Valet: Yes

Property Condition

Resale: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

Studio: Yes
High Rise: Yes

Water Access

None: Yes

Water View

Bay: Yes

Window Features

Blinds: Yes

Appliances

Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Elevator Secure: Yes
Fire Alarm: Yes
Security System: Yes
Smoke Detector(s): Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes

Master Bedroom/Bath

Separate Shower: Yes

Pets Allowed YN

No: Yes

Restrictions

Other Restrictions: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Listing Office: Damar Florida Real Estate

Last Updated: June - 19 - 2026

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398 NE 5th Street 2112, Miami, FL 33132 (MLS# A12039725)