$699,000list price
Per sq ft$1,581
1 bd · 1 ba · 442 sq ft Condo or villa
398 NE 5TH ST #2205, MIAMI, FL 33132
Listing courtesy of United Realty Group Inc. MLS# A11963143.On the MLS · Listed Feb 9
$699,000
398 NE 5TH ST #2805, MIAMI, FL 33132
1 bed1 bath442 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026This home against Downtown
$1,581 per sq ft, 87% over the Downtown median
31 days on the market
$10,703 in property taxes (2025)
Waterfront
1 car garage
Downtown today: 393 homes for sale, median list price $599,000.
About this home
TURNKEY INVESTMENT OPPORTUNITY! Exceptional 1BR/1BA at The Elser Hotel & Residences in the heart of Downtown Miami. Fully furnished and turnkey, featuring floor-to-ceiling glass, private balcony and breathtaking Downtown Miami & Biscayne Bay views. Short-term rentals permitted, offering exceptional flexibility and strong income potential in one of Miami’s most sought-after rental markets. Owners may participate in the professionally managed onsite rental program for seamless, hands-off operation. Enjoy resort-style amenities including a spectacular bayfront pool deck, multi-level fitness center, coworking spaces, lounges, café and concierge services. Prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, restaurants, nightlife, Brightline and major transportation. Perfect for investors, second-home buyers or those seeking a flexible Miami lifestyle. Own it, use it, rent it.
Zoned schools
Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Paul S. Walker Urbanscape, 0.2 mi
Grocery: Whole Foods Market, 0.2 mi
Distances from the center of Downtown, MIAMI.
Listing courtesy of Cays LLC. MLS# A12103466.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed October 3, 2026.
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