$494,999list price
Price cut$15,001
1 bd · 1 ba · 473 sq ft Condo or villa
225 N MIAMI AVE #202, MIAMI, FL 33128
Listing courtesy of EXP Realty LLC. MLS# A11989384.On the MLS · Listed Mar 24
$495,000
398 NE 5TH ST #4313, MIAMI, FL 33132
Studio1 bath357 sq ftCondo or villaBuilt 2022
Updated today, November 3, 2026This home against Downtown
$1,387 per sq ft, 64% over the Downtown median
259 days on the market
Price cut $130,000 since it was listed at $625,000
$10,456 in property taxes (2025)
Waterfront
1 car garage
Downtown today: 393 homes for sale, median list price $599,000.
About this home
Experience strong rental potential at The Elser Hotel & Residences in Downtown Miami. Investor-friendly building allows short-term (Airbnb) and long-term rentals. This fully furnished 43rd-floor studio offers stunning Miami skyline and Biscayne Bay views, 9-ft ceilings, floor-to-ceiling impact windows, porcelain tile flooring, and a private balcony. Turnkey unit, ready to generate income from day one.Features include a full kitchen, in-unit washer/dryer, smart keyless entry, and smart thermostat. Residents and guests enjoy resort-style amenities: 132-ft rooftop pool, state-of-the-art fitness center, sky lounge, business center, and concierge services.Prime LOCATION near Bayside, Kaseya Center, Metromover, top dining, and entertainment. High-demand area with strong occupancy potential. Ideal for investors seeking cash flow and appreciation in the heart of Miami.
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 United Realty Group Inc. MLS# A11968390.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed February 17, 2026.
Similar homes near Downtown, MIAMI
$499,000list price
Per sq ft$949
1 bd · 1 ba · 526 sq ft Condo or villa
225 N MIAMI AVE #803, MIAMI, FL 33128
Listing courtesy of EXP Realty LLC. MLS# A12108735.On the MLS · Listed Oct 17
$499,000list price
Per sq ft$1,129
Studio · 1 ba · 442 sq ft Condo or villa
398 NE 5TH ST #2005, MIAMI, FL 33132
Listing courtesy of EXP Realty LLC. MLS# A12106305.On the MLS · Listed Oct 4
$499,999list price
Per sq ft$532
1 bd · 2 ba · 940 sq ft Condo or villa
253 NE 2ND ST #1901, MIAMI, FL 33132
Listing courtesy of Onyx Realty. MLS# A12044284.On the MLS · Listed Jun 24
$500,000list price
Per sq ft$497
1 bd · 2 ba · 1,006 sq ft Condo or villa
253 NE 2ND ST #2508, MIAMI, FL 33132
Listing courtesy of Homes Real Estate Group Inc.. MLS# A12096103.On the MLS · Listed Sep 25
$500,000list price
Per sq ft$949
1 bd · 1 ba · 527 sq ft Condo or villa
225 N MIAMI AVE #210, MIAMI, FL 33128
Listing courtesy of Envirotek Realty. MLS# A12072892.On the MLS · Listed Aug 15