Condo
1
Beds
1
Baths
442
SQUARE FEET
Condominium
Type
2022
Built
$600
HOA / mo
Listing courtesy of
EXP Realty LLC
Alvaro Del Busto
MLS® #A12055966
Listing information last updated July 20, 2026
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Overview
This condo in Downtown Miami has 1 bedroom and 1 bathroom across 442 square feet, and is listed for sale at $650,000 (about $1,471 per square foot). Built in 2022.
Turnkey Investment Opportunity at The Elser Hotel & Residences — Unit 2007
Fully furnished, turnkey studio residence at The Elser, ideally positioned with sweeping views of the Kaseya Center skyline and partial Biscayne Bay water views. This designer-finished unit features a king-size bed, sofa bed, full kitchen, in-unit washer/dryer, and secure keyless entry — ready to generate income from day one.
Enrolled in The Elser’s professionally managed short-term rental program with a proven, documented income history, this is a rare opportunity to own real, verified cash flow rather than a projection. Investor-friendly building with flexible daily, weekly, and long-term rental permissions.
Residents and guests enjoy resort-caliber amenities including a wraparound rooftop pool with bar and restaurant, two-story fitness center, 24/7 concierge, valet parking, and Beach Club access.
Unbeatable Downtown Miami location steps from Kaseya Center, Bayside Marketplace, the Brightline station, and Biscayne Bay, bringing global demand to Downtown Miami’s short-term rental market.
Whether for personal use, a pied-à-terre, or a high-performing investment asset, Unit 2007 offers a rare blend of location, view, and income potential in one of Miami’s most in-demand condo-hotel addresses.
Listing history
Listed for sale
Jul 20, 2026 · MIAMI MLS
$650,000
Days on market
as of today
1 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$600 / mo
Annual property tax (2025)
$9,430
Association type
Condo
Pets
Allowed (verify restrictions)
HOA dues include
All AmenitiesBuilding ExteriorCommon AreaElevatorInternet/WiFiLandscaping/Lawn MaintenanceManagerPool ServiceRecreation FacilitiesReserve FundRoof RepairsSecuritySewerTrash RemovalWater
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Building report · MCR exclusiveThe Elser — recertification, reserves, units & pricing
Property details
MLS #A12055966
Price$650,000
Size442 Square Feet
Bedrooms1
Bathrooms1
Garage1
Year built2022
TypeCondominium
StatusFor Sale
HOA$600 / mo
Price / Square Feet$1,471
Features & amenities
Built-in Features
Closet Cabinetry
Dishwasher
Dryer
Electric Range
Fire Sprinklers
First Floor Entry
Has a View
Has Cooling System
Has Garage
Has Heating System
Home Owners Association
Microwave
Open Balcony
Property Attached
Washer
Location
398 NE 5th St # 2007, Miami FL 33132
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$600
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 1 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.