Real Estate by Fania — Stefania Riverin
(786) 828-0091

$1,499,000

398 NE 5th St #1518

3 bd · 3 ba · 1,127 sq ft

1 days on marketCondominiumWaterfront
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Listing courtesy of EXP Realty LLC. 888-883-8509

From the MLS

Bedrooms
3
Bathrooms
3
Living area
1,127 sq ft
Asking per square foot
$1,330
Year built
2024
Association fee
$1,300 monthly
ZIP code
33132
MLS number
A12112486

What the listing says

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!

Description supplied by EXP Realty LLC.

About The Elser Hotel & Residences

Forty-nine stories, 571 feet, 646 residences — a figure PMG and Greybrook publish and the Miami-Dade roll confirms exactly, folio for folio. In this market that almost never happens.

What has actually sold in The Elser Hotel & Residences →

That page takes its sale prices from the Miami-Dade county roll, not from a listing, and says how many recorded transfers were excluded as not arm’s-length. It is the number worth negotiating against.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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Or tell her what you are actually looking for

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