Condo
3
Beds
3
Baths
1,135
SQUARE FEET
Condominium
Type
2022
Built
$1,307
HOA / mo
Listing courtesy of
EXP Realty LLC
Ana Osorio De Vega
MLS® #A11972846
Listing information last updated March 6, 2026
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Overview
This condo in Downtown Miami has 3 bedrooms and 3 bathrooms across 1,135 square feet, and is listed for sale at $1,600,000 (about $1,410 per square foot). Built in 2022.
Attention Investors: Short-Term Rental Approved Residence at The Elser
Exceptional opportunity to own a fully furnished 3-bedroom, 3-bath residence at The Elser Hotel & Residences in Downtown Miami, one of the city’s most sought-after short-term rental approved buildings. Ideal for buyers seeking a Miami investment property or luxury second home with income potential.
This beautifully designed residence features an open-concept layout, floor-to-ceiling windows, and a private balcony with views of Biscayne Bay and the Miami skyline. Contemporary finishes include a modern kitchen with stainless steel appliances, custom cabinetry, and elegant bathrooms with frameless glass showers.
Delivered fully furnished and turnkey, the residence is ready for immediate personal use or rental income. The spacious 3-bedroom layout is especially attractive for short-term rentals and group travel, maximizing occupancy and rental potential.
Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, sauna, concierge services, and lounge areas.
Located steps from Bayfront Park, the waterfront, dining, entertainment, and major attractions, this property benefits from strong year-round tourism demand.
With daily rentals permitted according to condominium regulations, owners can maximize income. Miami will host seven FIFA World Cup matches in 2026, driving some of the highest short-term rental demand in the city.
Listing history
Listed for sale
Mar 6, 2026 · MIAMI MLS
$1,600,000
Days on market
as of today
137 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
$1,307 / mo
Annual property tax (2025)
$22,186
Association type
Condo
HOA dues include
All AmenitiesBuilding ExteriorCable TvCommon AreaElevatorInsuranceParkingPool ServiceRecreation FacilitiesSewerTrash 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 #A11972846
Price$1,600,000
Size1,135 Square Feet
Bedrooms3
Bathrooms3
Year built2022
TypeCondominium
StatusFor Sale
HOA$1,307 / mo
Price / Square Feet$1,410
Features & amenities
Closet Cabinetry
Dishwasher
Disposal
Dryer
Electric Range
Electric Water Heater
Elevator
Has a View
Has Cooling System
Has Heating System
Home Owners Association
Microwave
Open Balcony
Other
Property Attached
Refrigerator
Skylight
Washer
Location
398 NE 5th St # 2418, Miami FL 33132
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$1,307
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 · 137 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.