Hotel/Motel
398 NE 5th St # 2112
398 NE 5th St # 2112, Miami FL 33132 Get directions
$709,000
0 Beds · 1 Bath · 341 SqFt
See estimated monthly costThis listing is courtesy of Damar Florida Real Estate. Mirtha Garcia
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 341
- Full bathrooms
- 1
- Lobby
- First Floor Entry
Building & exterior
- Year built
- 2022
- Garage spaces
- 1
- Covered spaces
- 1
- Bay
- Barbeque
- Open Balcony
- 1 Space
- Valet
HOA (homeowners association)
- Association fee
- $445 per month
- Pets allowed
- No
- Bar
- Elevator(s)
- Exercise Room
- Heated Pool
- Pool
- Corporate Buyer OK
- Daily Rentals Allowed
- Ok To Lease
- No
Taxes
- Annual tax
- $9,820
- Tax year
- 2025
- Parcel number
- 01-41-37-078-3820
Listing
- MLS number
- A12039725
- Property type
- Hotel/Motel
- Price per SqFt
- $2,079
- Subdivision
- MAP OF MIAMI DADE CO. FL.
- On market since
- Jun 18, 2026
- Days on market
- 1
Estimated monthly cost
$5,380 per month
- Principal & interest (30 yr)
- $3,585
- Property tax
- $818
- Insurance (estimated)
- $532
- Association fee
- $445
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- New World School of the Arts
- School For Advanced Studies Wolfson
- Law Enforcement Officers Memorial Senior High
- Downtown Miami Charter School
- School Board Adm - Main Building
- Anna Brenner Meyers Telecommunication Complex
- K-12 Distance Learning
- iPrep Academy
- Primary Learning Center
- Miami-Dade Online Academy
- Key Point Academy Downtown
- School Board Adm -Garage
- The Learning World Academy in Downtown
- KLA Schools of Brickell
- RJW The Academy of Arts Sciences
Similar homes nearby
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Comparables in this building
- 398 NE 5th St # 4713, Miami FL 33132 $410,000
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